Energy Savings Will Be Achieved with 'Internet of Things'

Umit Sonmez Oct 11, 2023 Add to Reading List

Technological advances allow companies to combine energy saving and digital transformation. IoT technology plays an important role in energy efficiency. Many businesses contribute to their sustainability goals by optimizing energy management with solutions offered by IoT technology.

The term IoT (Internet of Things) refers to the ability of any device connected to the internet to share data and interact. IoT integrates the physical world with the digital world by collecting data from the electronic devices around us. While more than 10 billion IoT devices were used worldwide in 2020, this number has now exceeded 15 billion.

The potential of IoT is great and the future is bright. For example, the number of IoT devices is expected to exceed 30 billion by 2030. The IoT market is expected to grow to exceed $3 trillion. The advantages of IoT include rapid detection of problems, increasing energy efficiency and making serious contributions to the economy.

Businesses can optimize energy management thanks to IoT technology. For example, they can save energy by remote monitoring and analysis. Some companies have managed to reduce energy costs by 7.5 percent to 12 percent thanks to this technology. Businesses that play an active role in energy management can increase this rate to over 30 percent.

Another application area of IoT is preparation for the Border Carbon Tax. Border Carbon Tax is a regulation developed to promote environmental sustainability. Businesses can prepare for this tax by monitoring and optimizing their energy consumption thanks to IoT technology. With the right practices, businesses can both contribute to the environment and reduce their costs.

For Small and Medium Enterprises (SMEs), IoT offers huge opportunities. The easy access and low costs provided by IoT allow SMEs to quickly adapt to this technology. In this way, SMEs can gain a competitive advantage by increasing energy efficiency.

In conclusion, IoT technology is a powerful tool that supports energy saving and sustainability goals. By using this technology, businesses can reduce their energy costs and reduce their environmental impact. In the future, the impact of IoT will increase further and create a huge change in the business world.
.