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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

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

#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

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