Resource allocation control based on connected devices

A computerized method performed by one or more processors of a device hub, the device hub managing a master resource allocation associated with a plurality of devices, wherein the device hub communicates with and manages operations of connected devices via a network connection, the method comprising:

• identifying a new connected device replacing an existing device associated with a master resource allocation, the master resource allocation defining an expected resource usage for a plurality of devices associated with the master resource allocation, the plurality of devices including the existing device;
• obtaining usage information associated with the existing device;
• identifying a set of existing operational parameters associated with the existing device;
• determining an expected resource usage amount for the new connected device after replacement of the existing device;
• calculating a change in the expected resource usage in the resource allocation based on the obtained usage information associated with the existing device and the expected usage amount for the new connected device;
• updating the master resource allocation based on the calculated change;
• and
• modifying operations associated with at least one connected device of the plurality of devices based on calculated change.

A non-transitory, computer-readable medium storing computer-readable instructions executable by a computer and configured to:

• identify a new connected device replacing an existing device associated with a master resource allocation, the master resource allocation defining an expected resource usage for a plurality of devices associated with the master resource allocation, the plurality of devices including the existing device;
• obtain usage information associated with the existing device;
• identify a set of existing operational parameters associated with the existing device;
• determine an expected resource usage amount for the new connected device after replacement of the existing device;
• calculate a change in the expected resource usage in the resource allocation based on the obtained usage information associated with the existing device and the expected usage amount for the new connected device;
• update the master resource allocation based on the calculated change;
• and
• modify operations associated with at least one connected device of the plurality of devices based on calculated change.