According to the MD, the two main areas of increased uptake of IOT solutions is building automation, particularly in energy management.] can be replaced with an intelligent one that’s able to control power consumption in a specific building.
“With IOT, we have the ability to not just see the flow going out of the diesel bowser, for example, but can exactly monitor the content and the level of it.” “That information feeds back into a central dashboard…that can show the customer usage. We've also put in a couple of triggers and alerts to notify customers when they need diesel or when it needs to delivered.”
Frost & Sullivan estimates there were 35.37 billion IOT devices globally last year, with over 51% of the total connections related to building automation, security and surveillance applications.