Big Data and the Internet of Things for Managing Energy in Hospitality
One of the growing pressures on the management seeking strong operational and financial performance comes from energy and operations costs. In the effort to better manage energy costs, the internet of things and big data analytics represent powerful tools that have been adopted by many industries (e.g., retail) with excellent results.
The hospitality sector so far has been slow to adopt these tools, and as a result is losing out on the tremendous potential to transform the way they manage their day to day operations, costs, and procurement, as well as investment decisions.
To help the hotel and restaurant operators appreciate the potential of these new technologies, the Metro Atlanta Chamber is facilitating two panel discussions that will explain how managers can adopt these new tools in their organizations. These panels will cover the opportunity presented by data analytics and the internet of things by demonstrating how they are being put into action and are enabling enterprises to achieve desired results. Moderated by School of Hotel Administration Professor Rohit Verma, The two panel discussions will discuss these technologies and how they can be applied in hotels and restaurants.
The discussions are scheduled for February 16, 2016, in the Rotunda Room of the Metro Atlanta Chamber. The restaurant panel is scheduled for 7:30 to 10:00 a.m. and the hotel panel from 12:00 to 3:00 p.m..