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The Internet of Things & the Future of Asset Management

Mark  Damm's picture
Founder and CEO FuseForward

With over 30 years’ experience implementing and operating complex systems for critical infrastructure, FuseForward Founder and CEO Mark Damm is extremely well-versed in the identification of...

  • Member since 2020
  • 44 items added with 35,939 views
  • Jul 26, 2021

The Internet of Things, or 'IoT' is a buzzword that's referenced a lot these days. It sounds new, but in fact, internet-connected devices have been around for years—think of the smart meters first deployed twenty years ago. 

But recently this technology has exploded. Hundreds and thousands of new devices are being deployed daily across multiple industries. By 2025, there will be an estimated 41.6 billion internet-connected devices, with industrial equipment and building automation taking the lead. Utilities are one of a cluster of industries expected to fully-embrace the trend.

I recently shared my thoughts on IoT as a driver for innovation in asset management at utilities. Check out my presentation for more details.



Matt Chester's picture
Matt Chester on Jul 26, 2021

Your intro makes a great point that it seems like we've been talking about smart tech and IoT enabled devices for so long that the terms have almost lost their meaning. Perhaps we need some more granular descriptors to highlight what state-of-the-art capabilities are!

Mark  Damm's picture
Mark Damm on Jul 27, 2021

Thanks Matt! maybe some inspiration for my next post :-)

Mark  Damm's picture
Thank Mark for the Post!
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