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
How IoT makes electricity generation more efficient For roughly 75 years, the utility industry in the U.S. has been set in its ways: big, centralized power plants and high-voltage transmission lines that send power to substations which then distribute that power to homes and businesses. But the times are changing. And that means CIOs at … Continue reading How IoT makes electricity generation more efficient
IoT For Utilities: Smart Water, Gas & Electric Utilities Coming Soon Humans are consuming more energy every year, and utility companies are scrambling to meet the demand. The International Energy Agency expects global energy demand to increase by 37% by 2040, which would likely put a strain on energy supplies. But utility companies are finding … Continue reading IoT For Utilities: Smart #Water, #Gas & #Electric Utilities Coming Soon
Smart Grid: IoT’s Next Frontier If smart grids across the world are headed towards an IoT frontier, what come’s next? According to a recent report, Ericsson estimated there will be 1.5 billion IoT devices adopted by the utility and energy industries as early as 2020. The rise of the smart grid seeks to tackle energy … Continue reading Smart Grid: IoT ’s Next Frontier
IoT for energy and water: Utilities’ role in the internet of things In 2008, the number of “things” connected to the internet surpassed the number of people on our planet. By 2020, the number of internet-connected things is estimated to reach 50 billion. Energy and water utilities have been connecting millions of networked devices for … Continue reading IoT for #energy and #water: Utilities’ role in the #internet_of_things
Equipment-Related Power Outages Can Be Predicted, Located & Avoided With Exacter Technology COLUMBUS, OH–(Marketwired – Jun 29, 2016) – Utilities are very effective at restoring power after an outage. However, discovering where the next equipment failure will happen has been next to impossible. Today, proprietary technology from Exacter, Inc. is helping utilities predict where future … Continue reading Equipment-Related #Power_Outages Can Be Predicted, Located & Avoided With Exacter Technology
How Blockchain Technology Can Reinvent The Power Grid The Internet of Things is challenging regulated utilities. A power pole collapses at 8 p.m. on a hot night in the remote outback of Australia. This is a problem for William and Olivia Munroe, who raise sheep and cattle 100 miles outside an old gold mining town … Continue reading How #Blockchain Technology Can Reinvent The Power Grid
What utilities expect from the Internet of Things The Internet of Things is the concept of everyday objects – from industrial machines to wearable devices – using built-in sensors to gather data and take action on that data across a network. Thierry Godart, General Manager of Energy Solutions at Intel, describes IoT as “taking the … Continue reading What utilities expect from the Internet of Things
4 ways utilities are capitalizing on IoT The Internet of Things (IoT) market is picking up steam, and nowhere is it showing more potential—and potential growth—than in the utilities market. From Smart Grid deployments to renewable energy installations in developing countries, the IoT is helping utilities monitor and control valuable assets and operations around the … Continue reading 4 ways #utilities are capitalizing on IoT
How IoT Will Perform In The Energy Sector? The ecosystem of the Internet of Things is expanding. The revolutionary concept is not complex, but what it does, certainly requires some complex connection and mechanisms that can seamlessly manage the plugins. As more industries adopt the significant technology, the demand for a greater amount of electricity … Continue reading How IoT Will Perform In The Energy Sector?
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