How the Internet of Things is a game changer for utilities

Regulatory compliance
In certain industries it is vital that accurate consumption of gas, power, and water is monitored and reported. This is, traditionally, a manual process with a corresponding potential for error. With smart metering and monitoring, you can utilize real-time information using any parameters you need to generate a report, giving you control and insight.

Production management
Manufacturing industries need to understand and control gas, power, and water consumption. Which processes are consuming the most? Can efficiencies be found? What is the impact on profitability? IoT can help you model all variables on fully accurate and updated data.

Emission reduction
Using energy consumption and monitoring software, you can readily quantify your carbon footprint. This enables you to optimize your use of resources, recognize your environmental impact, and set data-driven sustainability goals.

Smart grids
With an ever-diversifying energy mix and demand, you as a utility must have the tools to flexibly and immediately monitor and adjust your distribution based on consumption. With smart monitoring, you can, for instance, direct more power to residential zones in the mornings and evenings, shifting to commercial areas during the day to correspond with demand.

Predictive maintenance
With smart condition monitoring, you can predict where and when failures are likely to occur. This enables you to purchase and stock only the replacement parts you’re most likely to need, reducing your costs and ensuring you’ll have the requisite resources available.

Safety
Safety goes hand in hand with predictive maintenance. In an industrial environment where operators frequently deal with potentially hazardous equipment, you must be confident that robust safeguards and monitoring systems are in place to protect you. With IoT, you can ensure that sudden failures are reduced to a minimum and everybody returns home safely each day.