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data-href="https://www.energytechreview.com/news/advantages-of-iot-in-energy-management-nwid-549.html" data-type="button"></div> </div> </div> </div> <div id="conference" style="width: 100px;"> <div id="conference"> <div id="attend"> <div class="g-plusone" data-annotation="none"></div> </div> </div> <script type="text/javascript"> (function() { var po = document.createElement('script'); po.type = 'text/javascript'; po.async = true; po.src = 'https://apis.google.com/js/platform.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(po, s); })(); </script> </div> </td> </tr></tbody></table> </div> </div> </div> </div></div></div></div> <div class="container-fluid" id="newsdescr"><div class="container"><div class="primary margin-15"><div class="row"><div class="col-lg-9 col-md-12"><article class="section_margin"> <div class="post-content"> <div class="single-content animate-box fadeInUp animated-fast"> <div class="dropcap column-21 animate-box fadeInUp animated-fast" style="text-align: justify;"> <p><strong>IoT-based energy management systems provide a wide range of benefits to the energy supply chain network, including energy utilities and consumers.</strong></p> <p><strong>FREMONT, CA: </strong>In many industries, like healthcare, retail, manufacturing, energy, and logistics, the Internet of Things (IoT) boosts process automation and operational efficiency. Consumers, businesses, and even governments are focusing on <a href="https://juniper-networks.cioreview.com/cxoinsight/the-promise-and-challenges-of-an-internet-of-things-iot-world-nid-4769-cid-73.html" target="_blank"><span style="color:#0000FF">IoT</span></a> applications in the energy industry.</p> <p>IoT energy management solutions, in addition to multiple benefits to the electric power supply chain, pave the path for future smarter grids that offer tremendous savings, higher security, and increased efficiency.</p> <p>Let's look at how the Internet of Things and energy efficiency are linked and the primary advantages of using the Internet of Things in the energy sector.</p> <p><strong>Smart energy management using IoT</strong></p> <p>Every aspect of the supply chain network, including electric utilities and consumers, benefits from IoT-based<strong><a href="https://www.realestatebusinessreview.com/news/what-are-the-uses-of-building-energy-management-systems-nwid-107.html" target="_blank"><span style="color:#0000FF"><span style="background-color:#FFFFFF"> energy management systems</span></span></a></strong>. When a predictive strategy isn't possible, such as natural disasters or catastrophes, smart analytics systems are commonly utilized to reduce damage and resolve difficulties. Operators can use sensor data to identify the problem, determine the extent of the damage, and devise an effective repair strategy.</p> <p>Here are few examples of what IoT technology may accomplish:</p> <p><strong>Decrease energy spending</strong></p> <p>One of the main reasons companies and governments are looking into the abilities of IoT for energy efficiency is for economic reasons. Factors like smart metering, real-time power usage monitoring, and data-driven predictions assist everyone in the supply chain better control expenditure and investment while lowering waste.</p> <p><strong>Better comply with regulations</strong></p> <p>Companies use IoT to manage energy in their daily operations, and employ analytics tools to see how they are complying with the present environmental standards. New SaaS platforms offer analytics tools that reveal if clients are eligible for industry certifications, incentives, and programs.</p> <p><strong>Integrate green energy</strong></p> <p>Both downstream and upstream professionals recognize that the transition to green energy is unavoidable and take steps to incorporate clean energy strategies into their operations. <a href="https://www.utilitiesbusinessreview.com/" target="_blank"><span style="color:#0000FF"><strong>Utilities</strong></span></a> can better understand how to increase the usage of renewables in their items and apply energy conservation measures by following energy monitoring sensors, performance, and power consumption data.</p> <p><strong>Automate processes</strong></p> <p>Utilities, power distributors, and producers invest in innovative technologies so that they can do more than just smart energy management through the Internet of Things. They recinstructed their processes to increase automation and decrease labor effort and costs. Producers, for example, can automate expensive on-site asset management and optimize maintenance operations by using IoT-based monitoring systems.</p> <p><strong>See Also:</strong><a href="https://artificial-intelligence.enterprisesecuritymag.com/vendors/top-artificial-intelligence-solution-providers-2018.html" target="_blank"><span style="color:#0000FF">Top 10 Artificial Intelligence Solution Companies</span></a></p> </div> </div> </div> </article> <style>.breaking-news-title { float: left; margin-right: 30px; margin-top: 8px;}.breaking-news-title h3 { display: inline-block; position: relative; padding: 0 14px; margin: 0; height: 27px; font-size: 11px; font-weight: normal; letter-spacing: 0.2px; line-height: 26px; text-transform: uppercase;background-color: #43A3D6;color:#fff;border-radius: 0px;margin: 2px 0 7px 8px;}</style><div class="tag col-md-12"> <div class="breaking-news-title"> <img src="/images/tag_img_30_30.png" alt="tag" style="float:left;"/> <a 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