New Content Updates
Educational Webcast Alerts
Building Products/Technology Notices
Access Exclusive Member Content
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed
June 8, 2017 -
Facility managers have heard that they should be “doing analytics” to take advantage of the true power of big data. But figuring out where to start with turning zeroes and ones into actionable intelligence can be daunting. And, if you’re not careful once you do embark on an analytics project, the size and scope can quickly get out of hand. Here’s the truth – you shouldn’t be afraid to start small. Don’t try to boil the ocean on your first venture out to sea. Here are a few things to consider before, and while, getting started on a building analytics project.
1. What is my goal? What problems do I want to solve with my new analytics system?
Before you do anything around analytics, engage in conversations about your top business priorities.
Some goals building analytics can achieve:
• Improve comfort
• Improve maintenance and lower costs
• Energy savings
• Utility cost savings
• Improve uptime on equipment
• Predictability of operational costs
• Easier access to data
Narrowing down what you want your system to accomplish first will also set up a clear roadmap for success, with a limited scope and very specific action items for both internal and external teams.
TIP: Don’t overlook the small stuff. Projects that address business questions as simple as, “Is this piece of equipment running when it should not be?” can produce solid results quickly.
2. How am I going to take the findings from my data and produce actionable results? Do I have a system in place to act on a recommendation?
Whether you are looking to save energy or improve your workflow, a new analytics system should result in a host of new ideas for projects. Take the time to consider what processes are in place to take those ideas and make them reality.
You’ll need to have an idea of whose approvals are required and what information they need to make their decisions, who will manage new projects, and who will complete the repairs or installation. An understanding of your company’s budget cycle and limitations is key to sizing your analytics system to provide you with the right types of recommendations.
The last thing you want is a system that produces valuable recommendations that sit on a shelf. Be sure you’re ready to turn those new ideas into results.
TIP: Don’t get over-excited about alarms. Too many alarms can create a boy-crying-wolf scenario that bogs down workflow and undermines the system.
Who is the intended audience for the new analytics tool?
Each audience within your business has a different need, a different skill set and a differing ability when it comes to advanced digital technologies.
Some potential audiences are:
• Energy managers
• Facility managers
• Control technicians
• Chief financial officer
Understanding the intended users is a crucial step and allows you to answer the last and most important question.
TIP: If you have multiple audiences who will need to use the same tool, consider a tool with user types and permissions to customize views.
4. How does my audience need to receive the information in order to use the analytics system to achieve our goals?
There are many options for displaying and delivering analytic information. In most cases, the choice depends on the type of information you want, how often you want it, and how many people need to receive it.
Some options for data delivery are:
• Alarms and notifications delivered to field technicians
• Reports emailed on a set schedule
• Advanced data analysis tools
• Interactive dashboards to monitor critical equipment and highlight areas of concern
There is so much data available in any system, it is crucial to determine what you are looking for, who is looking for it, and how they are going to use that information in their daily business operations to achieve your agreed-upon goals.
TIP: As with the first question, it is ok to start small here. Acclimate your team to a small change in process by introducing alarms, then scale-up your efforts as successes occur.
This Quick Read was submitted by Jon Schoenfeld, director of energy and analytics at Kodaro. Click here to read more about the Building Internet of Things on Facilitiesnet.com.