The Internet of Things (IoT), a system of interrelated, internet-connected objects, is the most meaningful innovation, in the ever-evolving energy management landscape. With energy consumption on the rise, there is a demand for smarter energy management solutions. IoT is making an impact on the entire energy industry.
Earlier IoT deployment was a challenge, due to high deployment costs, and lack of standardized government guidelines. But today, the changing trends towards green energy, managing carbon footprint, changing government regulations and policies are the factors making it easy for taking the adoption of energy management to the next level.