Analytics at Edge
One of the primary appeals of IoT within the built environment is the ability to connect to existing data-rich devices and equipment for greater analysis and insight into their operation and performance. Over the past couple of years, we have seen clear movement toward computing and intelligence to the edge. With it, the industry is moving towards a distributed data architecture where multiple nodes work together to perform analytics at the edge.
Computing and analytics are increasingly beginning to reside at the equipment and device sources, enabling data to be generated faster, more efficiently and more reliably than ever before. The ongoing evolution of micro-processing technology has meant that sufficient computing power to perform the heavy lifting of data analysis can now be performed directly onboard the devices themselves. This evolution is happening because of the need to streamline the amount and types of data, reduce latency and manage bandwidth, reduce the amount of data sent to the cloud, reduce complexity, decrease network, improve system response time and decrease potential failure points. The result is the advent of Edge Analytics.
So, what is Edge Analytics? It's an approach that provides analytics at the point of data collection, on devices themselves and in the gateways at the edge of the network close to the things that are the source of the data, such as sensors, controllers, equipment, and machines residing in a building, campus, and or control rooms. Also known as distributed analytics, it means analytics is performed at the point where (or very close to where) the data is collected (at the device level) rather than being required to be sent back to the Cloud before any value can be derived.
We recognize that the ever-increasing flow of data and analytics must be managed more efficiently to optimize information utilization, reduce costs, and improve business performance. Edge analytics clearly offers many benefits. By incorporating “analytics at the edge”, facility management operations can rapidly accelerate processes, reduce data storage and data transfer costs and improve system resilience and performance.
The flexibility and power of edge devices makes them useful in a wide variety of applications and built environments. By offering facility owners and operators an opportunity to improve data processing and analytics locally at the device level, edge devices are an attractive tool for facilities of all shapes and sizes. For these reasons, edge devices will continue to drive change in the built environment over the next decade.
I think it's important to point out that the edge computing and analytics will not replace the Cloud but rather complement it. They will however, bring more efficiency, resilience, flexibility, security and simplicity to the effort. Analytics at the edge ensures that the data resulting from equipment and devices is the best you can get, so that the premises and the conclusions derived can be followed and acted upon within a timeframe in which is needed and required to deliver the maximum value and business outcomes.
In conclusion, we can expect more analytics to move even closer to the edge and become ingrained in the same devices that are generating the data, creating even greater possibilities for inter-device intelligence and interactions and better optimized user experiences. As access to data and the use of analytics becomes mandatory, not optional, demand increases to make computing and analytics availability at the edge as non-negotiable.
This Week’s Sponsor
Embracing open software and hardware platforms, Lynxspring develops, manufactures and distributes edge-to-enterprise solutions and IoT technology, to create intelligent buildings, better energy management, equipment control and specialty machine-to-machine applications. Lynxspring technologies and solutions are simplifying connectivity, integration, interoperability, data access and analysis from the edge to the enterprise and is deployed in millions of square feet of commercial facilities. For more information about Lynxspring, visit www.lynxspring.com.
UPCOMING REALCOMM WEBINARS
A Path to Net Zero – Driving ENERGY EFFICIENCY in Smart Buildings - 7/18/2019
One of the first trends to emerge in the modern smart building movement was energy conservation and efficiency. Approximately eight years ago, the industry realized that connecting energy related equipment to a network and applying advanced analytics and complex integration strategies could result in a significant reduction in energy and natural resource consumption and a resultant decrease in energy related expenses. In recent years, operational efficiency and occupant experience have been added to the smart building discussion, sometimes overshadowing energy efficiency. This webinar will focus on the very important goal of including energy efficiency in the comprehensive smart building strategy.
Ruairi is a respected high-performance building design expert. His aim is to elevate the built environment and restore order to the climate for future generations. He specializes in commissioning services for new and existing buildings, building energy assessments, high performance building design, energy modeling/advanced building simulation, and measurement and verification consulting.
Sarah currently serves as a Senior Advisor for the U.S. Department Building Technology Office where she leads commercial zero energy efforts, district-scale solutions, and a pSarah currently serves as a Senior Advisor for the U.S. Department Building Technology Office where she leads commercial zero energy efforts, district-scale solutions, and a portfolio of data infrastructure projects. In previous roles at DOE, Sarah led local government clean energy innovation programs. Sarah has over 15 years of experience in sustainability and energy work. Before DOE, Sarah worked for Baltimore City where she helped establish their Office of Sustainability.
Ryan Knudson, is the AVP for Operations and Energy Management at Macerich. He is responsible for the development, execution and operations for all Capital Expense Energy and Smart Building projects as well as national program vendor management. He oversees the daily operations of Macerich’s portfolio with a focus on same center NOI growth.
Akshai Rao, a vice president at Yardi, is responsible for the development of procurement and energy management solutions to ensure high-performing buildings. Prior to Yardi, Akshai spent five years at Bain & Company where he focused on technology and telecom.
Jean-Simon Venne is a tech expert who thrives on developing and implementing new technology to solve long-standing commercial issues. He has over 25 years of experience in the fields of telecommunications, biotechnology and energy-efficiency specializing in the fast and efficient migration of technological innovations to commercial applications. With an industrial engineering background, Jean-Simon is uniquely trained to optimize the value creation opportunity that exists where new technology intersects with business and energy markets.
Gary Fescine FMA, RPA is the president of GFC his own consulting firm. He has recently retired from BlackRock where he was global director of facilities, building operations, overseeing 77 sites in 23 countries. He has held a number of related positions including director of facilities at The New York Times and director of operations at the New York Post. Mr. Fescine was the recipient of several energy savings awards including the Energy New York Award in 2017.