Automation technology energy storage app

How can digital technology shape the energy sector?

Players that incorporate these digital innovations into their battery energy storage systems, helping their customers optimize performance, enhance the lifetime of their systems and reduce operating costs, are the ones that will be in the best position to shape the energy sector in the years to come.

Why is smart energy management using IoT important?

Using IoT for smart energy management is important for optimizing labor costs and enhancing automation in power distribution and electric utility operations. It is not the only reason why these industries invest significantly in modernization.

What is an example of an IoT energy management solution?

An example of an IoT energy management solution is Philips Hue. Philips Hue offers various smart LED lighting solutions outdoors and indoors that can adjust to users’ routines and preferences. These products have been proven to consume 85% less energy compared to traditional bulbs.

What is an IoT Energy Management System (EMS)?

An IoT Energy Management System (EMS) is a technology applied in the energy sector, gaining significant attention from customers, businesses, and government authorities. IoT EMS are used to create new smart grids and offer advantages to the electric power supply chain.

Can IoT help a company manage energy?

IoT technology, when paired with an energy management system and machine learning algorithms, can help companies manage energy by providing predictions of future energy consumption. Insights from this tool can be used to create a data-driven strategy for energy production.

What are the benefits of IoT integration in energy management & monitoring?

IoT integration into energy management and monitoring processes offers several benefits. Companies can save up to 50% more energy compared to conventional technologies. The global adoption of smart energy management systems is increasing due to these energy savings.