IoT empowers companies to achieve net-zero emissions through real-time monitoring, energy optimization, predictive maintenance, and renewable energy integration. If the innovations that modern technology is bringing are used properly, not just businesses but our planet can also prosper. The work to save the planet has intensified as global temperature rises and the climate changes.
Today, governments and industries worldwide are coming forward together to win the race for net zero emissions. In this case, IoT is one such technology that has emerged quite well.
With the help of IoT platforms, steps are being taken towards achieving zero-emission, which is a very positive sign.
IoT connects platforms, systems, devices, and data streams to create a network that optimises operations and transforms them to a new level.
However, IoT technology is not just about operational efficiency; but also a powerful technology that helps companies address challenges to reduce their environmental impact. IoT provides actionable insights and solutions that help businesses achieve sustainability while growing from energy consumption to integration of renewable energy sources.
This blog will discuss how IoT technology helps companies achieve their net-zero goals and make them competitive in this highly competitive world.
The journey towards Net-Zero emissions is tough but essential. Here, IoT has emerged as an excellent technology. From optimizing energy use to integrating renewables and from revolutionizing transportation to industrial operations, IoT platform have performed exceptionally well. It is no secret that IoT has bridged the gap between technological advancement and environmental sustainability.
But there are a few problems along the way. These are the problems with cost, complexity, and standardization that need new ideas, teamwork, and dedication. The Internet of Things (IoT) is not just a technology; it is a key part of a sustainable future.
As the world moves towards a greener tomorrow, IoT brings great hope. The hope is to achieve sustainability while staying in competition.
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PLATFORMS
December 23, 2024
The dominance of Chinese IoT vendors in India's market has raised security concerns due to data privacy risks, foreign surveillance threats, and India's dependence on low-cost solutions from Chinese firms. In India, where, on the one hand, digitalization is rapidly growing, IoT devices are being used in everything from smart homes to critical infrastructure.
Industries are integrating industrial equipment with IoT to become technically robust so that real-time monitoring of equipment can be done and they can be controlled as per the requirements. There was a time when Chinese smartphones covered the Indian market, and today, IoT devices are moving on the same path. The biggest reason for this is their market penetration strategy. They reach their target audience with devices at a very low price, which are much more affordable for the audience. Apart from this, there are some other reasons too, let’s check them out. As we just discussed, Chinese vendors always work on cost-efficiency. Be it smartphones or IoT devices. Chinese companies work on two factors: one is mass production, and the second is operational efficiency. This makes it very beneficial for them to manufacture IoT devices. Their manufacturing cost is extremely low compared to their Western counterparts, making selling them at lower prices easier.
OTHER
December 17, 2024
Transforma Insights reveals that 5G capabilities will dominate IoT connectivity revenues by 2040 but primarily due to future-proofing, with minimal uplift from advanced 5G SA functionalities. Mobile Network Operators (MNOs) have invested significant sums in upgrading to 5G. In increasing numbers they are also making the further step up to upgrading to a 5G Standalone (5G SA) core network. Much of the promise of 5G comes from the latter, giving MNOs the potential to deliver richer features and functionality including real-time latency, improved reliability, and ‘Quality on Demand’ type features. The combination of Network Exposure Function (NEF) and APIs also offers the potential to monetise 5G’s promise of the programmable network.
In this 46-page report ‘Monetisation of public 5G networks through IoT’, Transforma Insights explores the likely true revenue potential for MNOs by applying the additional capabilities of 5G (and particularly 5G SA) to the Internet of Things.
The report starts with analysis of the key elements of 3GPP Releases 15 to 19 that relate to 5G and IoT. The includes the key functions of 5G New Radio in the form of enhanced Mobile Broadband (eMBB), Ultra Reliable Low Latency Communications (URLLC) and massive Machine Type Communications (mMTC). It also considers features such as network slicing, 5G RedCap, Cellular-V2X, Non-Terrestrial Networks, Network Exposure Function, APIs, edge computing, and much more. Under each sub-section the report considers how the features and functionality could be applied to IoT.