Podcast: IoT Property Risk Prevention

IoT is quickly becoming a valuable tool for buildings to mitigate property risk before and after construction. Frank Dobosz, Country President for Polygon US, spoke with Tyler Kern about the primary factors driving this adoption of IoT technology and solutions within the property space.

Listen to the episode here.

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Information is driving the IoT trend. “People want to know what’s going on, on the site and trying to prevent damage, which is cost and time savings,” Dobosz said. Adopting IoT technologies is beginning to occur, but Dobosz noted that the process has not been quick.

“We’re seeing it in a number of different ways from a manual process to local data loggers to real-time data,” Dobosz said. “Which is what we’re engaged with. Real-time data in alarming. And you see all kinds of sensors, all types of cameras, and all kinds of detection and alarming on projects. So, IoT is expanding tenfold on where it’s at and how it’s being used on every project.”

Prediction and prevention are two factors in which the use of IoT in building projects can make a significant positive impact. The ability to predict issues on-site during the build and solve any problems before a project’s completion prevent potentially costly repairs down the road.

“Most industries have been reactive in nature,” Dobosz said. “That’s the property damage industry, water damage industry; it’s reactive. Something happens, and damage occurs, and something could be a problem for days or weeks depending on the building, if it’s occupied or not. The predictive and preventative nature of that is not only with property damage but also with predictive and preventive over conditions that create healthy buildings. Now you have the ability in real time to understand, is there a water flow that shouldn’t be happening? Are conditions inside a building conducive to dangerous effects on the material?”

IoT solutions create behavior changes resulting in lower cost impact when damage does happen and a healthier scenario for everyone involved with the process.

Listen to all the episodes of Ideal Conditions. 
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