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IOT forcing utilities into brave new future

IOT forcing utilities into brave new future The rapid growth in the Internet of Things (IoT) is forcing traditional utilities and industry providers to adapt, or be outmanoeuvred by strong new entrants. Power Engineering International spoke to PwC’s Director, Digital Transformation, Richard Hepworth about how the technology is impacting the power sector. 2018 is, according … Continue reading IOT forcing utilities into brave new future

IoT in Energy, Utility Applications Market to Double from 2017-2022

IoT in Energy, Utility Applications Market to Double from 2017-2022 WELLESLEY, Mass., Nov. 06, 2017 (GLOBE NEWSWIRE) — The Internet of Things (IoT) in the energy and utilities market continues to grow rapidly thanks to big demand in electricity grid and supply management, as well as utility gas management. In a new report The Internet … Continue reading IoT in Energy, Utility Applications Market to Double from 2017-2022

How IoT Is Powering The #Energy_Industry

How IoT Is Powering The Energy Industry IoT is making this happen now! For this, all energy equipment of the future will need to have system-on-chip technologies. Integrating energy, automation and software with connectivity promotes greater energy and process optimisation What water is to living beings, reliable, efficient and sustainable energy is for modern civilization. … Continue reading How IoT Is Powering The #Energy_Industry

Cyber Security with IoT-Enabled Smart Energy Storage Technology

Cyber Security with IoT-Enabled Smart Energy Storage Technology One of the best things about smart energy storage technology is the opportunity it creates for those in the HVAC, electrical contracting, and solar energy markets to provide added value to their customers and thus benefit from an additional revenue stream. The energy storage market is already … Continue reading Cyber Security with IoT-Enabled Smart Energy Storage Technology

The internet of things: industry’s digital revolution

The internet of things: industry’s digital revolution Amtrak’s Northeast Corridor is the busiest railway in North America, and also the most grumbled about. Its reliability is about average for the government-owned network — about one in five of its trains ran significantly late last year — but because it connects the centres of US financial … Continue reading The internet of things: industry’s digital revolution

#PG_&_E leverages machine-learning and data science for asset management and DER integration

PG&E leverages machine-learning and data science for asset management and DER integration Utilities house enormous datasets that defy traditional analysis, for which machine-learning could be of great benefit. When machine-learning is applied to IoT data, utility companies are able to realise the next generation power grid that can eventually handle billions of endpoints on utility … Continue reading #PG_&_E leverages machine-learning and data science for asset management and DER integration

Unlocking the power of analytics with the right data in the right place

Unlocking the power of analytics with the right data in the right place As the Internet of Things becomes a reality, billions of connected devices are generating massive amounts of data. In fact, by 2020, the number of internet-connected things is estimated to reach 50 billion. All this data has a lot of potential for … Continue reading Unlocking the power of analytics with the right data in the right place

Innovative Technologies Driving the Energy Revolution

Innovative Technologies Driving the Energy Revolution Two explosive growth markets are renewable energy (RE) and the Internet of Things (IoT) technologies and both play a crucial role in creating value. The emphasis on how software and analytics can drive energy savings along with renewable energy and energy conservation measures (ECM) will be examined. Companies, like … Continue reading Innovative Technologies Driving the Energy Revolution

IoT Revenue Opportunities for the Utility Industry

IoT Revenue Opportunities for the Utility Industry The rules that govern the way we conduct business change quickly. New companies are taking over incumbents or creating disruptive changes, like Airbnb in the hotel industry, Uber in the transportation industry and Tesla in the automotive industry. Technology growth creates new opportunities for new entrants in every … Continue reading IoT Revenue Opportunities for the Utility Industry