The Internet of Things & the Future of Asset Management
- Jul 24, 2021 1:01 am GMT
The Internet of Things, or 'IoT' is a buzzword that's referenced a lot these days. It sounds new, but in fact, internet-connected devices have been around for years—think of the smart meters first deployed twenty years ago.
But recently this technology has exploded. Hundreds and thousands of new devices are being deployed daily across multiple industries. By 2025, there will be an estimated 41.6 billion internet-connected devices, with industrial equipment and building automation taking the lead. Utilities are one of a cluster of industries expected to fully-embrace the trend.
I recently shared my thoughts on IoT as a driver for innovation in asset management at utilities. Check out my presentation for more details.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.