IoT for the Energy Industry

Energy consumption is predicted to grow worldwide by in excess of 40% over the next 25 years*. In order to meet this challenge without raising prices for customers, the electrical power industry is looking for smart solutions. *Source: ReportLinker. The Internet of Things (IoT) opens ‘smart opportunities’ to energy businesses by increasing operating efficiencies and reducing costs in many areas. 

We have worked with a number of energy businesses, providing the necessary hardware and support in a range of smart projects ranging from remote meter reading, remote diagnostics and improving their end user experience through the provisioning of usage data to help reduce their energy bills and mitigate against the risk of outages.

Introducing IoT technologies within industrial power equipment provides operators with live or historic condition reporting along with live alerts if equipment deviates from the parameters set. Pre-existing or new sensors can also be introduced to provide DTCs (Diagnostic Trouble Codes) or detect impending electrical or mechanical component failures.