Sep 25, 2023 • Edward Mellor • 6 min read
The Internet of Things (IoT) has revolutionized the way businesses approach energy management. With the ability to connect and collect data from various devices and systems, IoT has enabled businesses to gain a more comprehensive understanding of their energy usage and identify areas where energy can be conserved. In this blog post, we discuss the impact of IoT on energy management and how our energy management software can help businesses take advantage of IoT to save energy and money.
IoT‑enabled devices can provide real‑time monitoring of energy usage, which allows businesses to quickly identify and address issues that arise. This helps teams be more proactive in their energy management and achieve sustainability goals more quickly.
IoT‑enabled devices can automate energy management tasks, such as turning off lights and equipment when they are not in use or enforcing HVAC setpoints after hours. This delivers savings without additional effort from employees.
IoT‑enabled devices collect large volumes of data on energy usage. Analysing this data helps identify trends and patterns in consumption so you can make more informed decisions about how and where to save energy.
IoT‑enabled devices can be accessed and controlled remotely, allowing businesses to monitor and manage energy usage in real time—even when teams aren’t physically present on site.
Our energy management software integrates with IoT devices and other systems such as Building Management Systems (BMS) and Smart Grid technologies. This provides a more holistic view of energy usage and costs to inform better decisions.
By reducing energy consumption, businesses can save money on energy costs—funding other sustainability initiatives. Reductions can also unlock eligibility for incentives and rebates.
IoT provides accurate data on consumption and usage that helps businesses comply with energy regulations and standards, with audit‑ready evidence.
IoT devices capture performance data from equipment that can be used to predict when maintenance is needed—helping avoid costly downtime and extending asset life.
With IoT, businesses can conduct effective energy audits, identify areas to save energy, and plan targeted strategies with measurable outcomes.
Our energy management software is customizable and can be tailored to the specific needs of each business, providing flexibility and scalability as your portfolio evolves.
In conclusion, IoT has greatly impacted energy management by providing real‑time monitoring, automated energy management, data analysis and reporting, remote access and control, integration with other systems, cost savings, compliance, predictive maintenance, energy auditing and customization. Our energy management software helps businesses take advantage of IoT to save energy and money, and achieve their sustainability goals.
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