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Information and analysis on the economics of solar and alternative energies

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Entries from July 2015

The Internet of Things (IoT) How Big Data and Analytics Translate into Lower Costs and Higher Productivity

July 19th, 2015 · Comments Off on The Internet of Things (IoT) How Big Data and Analytics Translate into Lower Costs and Higher Productivity

The value of IoT is its ability to monitor, control, and compile data. Data derived from IoT sensors when combined with analytics can lower operating costs, enable new business models, and improve productivity. Embedded sensors monitor, measure, and manage connected devices with limited human interaction. Less human interaction translates into higher productivity. Sensors that can […]

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Tags: Analytics · Carbon and Climate · Energy Costs · Energy Economics