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
Top GLOBAL INNOVATIONS of 2019 Impacting Commercial and Corporate Real Estate - 12/12/2019
2019 will likely be another year of great innovations for the Commercial and Corporate Real Estate industry. With a multitude of new companies and ideas being funded by an insatiable appetite of investors, the traditional workflows and processes of Real Estate are challenged daily. Add to this a desire by the established marketplace to also innovate and the pressure of change increases. This webinar will bring together some of the industry’s most prolific prognosticators who will discuss and debate the state of innovation in our industry for 2019. For those firms that are leaning into the change brought about by technology this is a perfect opportunity to hear about the leading solutions, case studies and best practices.
Founder of Realcomm Conference Group, an education organization that produces Realcomm, IBcon and CoRE Tech, the world's leading conferences on technology, automated business solutions, intelligent buildings and energy efficiency for the commercial and corporate real estate industry. As CEO, Jim interacts with some of the largest companies globally pertaining to some of the most advanced and progressive next generation real estate projects under development.
Jeff Chulick is the Technology and Innovation Leader for EY Real Estate Services. He leads a global team of professionals focused on the identification, innovation, design and realization of technology solutions that greatly enhance the workplace experience. His areas of focus include digital strategy, smart workplace, IoT, visual communications, workplace management, physical access and audio/visual technology. Jeff has over 20 years of enabling workplace strategies and delivering innovative solutions for EY and external clients across many different industries.
John Dulin is a 30-year global telecom and enterprise executive and has held senior positions in product management, marketing and sales in the areas of fiber optics, wireless and new technology development. Currently with Corning, John is focused on introducing its fiber optic and wireless innovations to the commercial real estate market.
Craig Stevenson is President of AUROS Group, a technology company based in Pittsburgh, PA. He is widely known for his role in establishing Pittsburgh as a leader in "Evidence-based Performance" for the built environment. Evidence-based Performance uses technology to bridge the gap between "hoping" a building is performing as designed to "knowing" a building is meeting its performance goals. He is credentialed in virtually all known building performance standards. As a result, Craig focuses solely on owner's performance requirements for their building(s).
Marc is a pioneer in leading the Intelligent/Smart Buildings and M2M movements pushing the industry forward and has contributed to transforming and changing the Intelligent Buildings and M2M (now IoT) industries. As Chief Marketing and Communications Officer for Lynxspring Marc leads corporate and product marketing, strategy, brand management, public relations and communications that support the company’s strategic and growth initiatives.
As Chief Innovation Officer, Jeff Clark leads the development and delivery of new offerings at RF Connect, properly positioning the company and our clients for the critical trends of technology convergence that define our era in telecommunications. Since joining RF Connect in 2016, he has introduced our software-defined wide area mesh network that provides industry-leading monitoring and LTE transport connectivity for RF Connect’s clients nationwide. Jeff also champions RF Connect’s bold entry into the private LTE segment.