In the coming years, analysts predict that trillions of sensors will be connected worldwide via the internet of things (IoT) delivering countless benefits to business, and society in general.

At HKT | 1O1O, we already assembled a comprehensive portfolio of IoT capabilities. This series of posts outlines how we are working with customers to plan and deploy IoT projects, while identifying key factors worthy of consideration.

// Protect your assets using IoT technology

Water leaks can be a nightmare in property management. Water damage to vital equipment such as elevators, for example, can be hugely expensive and involve lengthy repair times. We worked with a property company to offset the risk with an IoT solution.

// Stay connected in a distributed environment

We helped our customer place special sensors in areas most at risk from leaks, such as in washrooms on every floor. After evaluation, we chose a mix of NB-IoT and Zigbee sensors because they consume less power for transporting data and are relatively easy to install, and provide the flexibility for up-scaling in the future.

The sensors alert the building manager to any leakage the instant unwanted water is detected, thus prompting immediate inspection. The outcome is improved operational efficiency, and a good chance of averting a major crisis.

// Healthy ROI

Technical design is crucial for successful IoT solutions, but enterprises tend to focus more on return on investment (ROI). With this in mind, we took our customer through a detailed 3-year ROI calculation, based on a scenario involving a 20-storey building. The result was that total investment for IoT management amounted to just 10% of the cost of repairing an elevator on just one occasion.

// Enhanced customer satisfaction

This kind of IoT deployment also enhances the overall customer experience and more in-time management at the points of need for a property management company, while boosting operational efficiency, and enabling better allocation of resources based on analysis of collected data.