What you need to know about IoT in enterprise and education
In an age of data-driven insights and automation, few technologies have the power to boost and empower decision makers like those of the Internet of Things (IoT).
With IoT device adoption expected to reach $24.1 billion by 2030, forward-thinking organizations and higher education institutions are realizing that IoT technologies provide access to insights and now enable things that were too expensive or difficult just a few years ago goods.
Sustainability and smart energy management are emerging as key IoT use cases, providing organizations with real-time power consumption monitoring and predictive analytics to reduce energy expenditure.
Going forward, the IoT will play a critical role in enabling organizations to achieve their ESG goals and demonstrate compliance with movements such as B Corp and the Climate Pledge.
The potential use cases for business users
Moreover, the potential use cases for IoT go well beyond the boundaries of sustainability. For example, organizations can go as far as monitoring the air quality of spaces to support the health and well-being of building users.
Decision makers and facility managers also have the ability to monitor environmental factors such as CO. to monitor2 levels known to impair cognitive function.
IoT devices can also be used more widely to extract maximum value from assets, by optimizing room occupancy and usage, or by tracking the location and usage of valuable assets.
Together, these tools can help reduce carbon emissions, optimize processes and asset maintenance, and enable organizations to better comply with sustainability regulations and achieve long-term green and operational goals.
It is these widespread use cases that are contributing to the growth of the IoT market as a whole, which analysts predict will rise from a value of $384.70 billion by 2021, with some estimates projecting the value to $2,465.26 billion by 2029. But it’s not just the commercial sector that can reap the benefits of IoT.
How IoT can help education providers
While IoT adoption in the education sector is still in its infancy, these distributed devices have the potential to provide granular operational insights and automation capabilities in the same way they already do in commercial environments.
Again, the most powerful use of IoT devices is to support sustainability initiatives, enabling institutions to save energy costs, optimize water and gas resource use, and achieve their green goals.
It also enables them to improve their activities by improving classroom occupancy and monitoring learning environments for comfort, health and safety, factors such as light, VOCs, CO2and sound, to ensure that students are in an ideal position to learn.
The role of Green Custard in the IoT market
One of the providers paving the way for the ongoing IoT revolution is Green Custard, a UK-based cloud-native professional services company that provides customized IoT solutions to organizations in the commercial, educational and public sectors.
Green Custard is also an Amazon Web Services (AWS) Advanced Tier partner and one of a small number that specializes solely in IoT deployment and management.
By leveraging AWS, Green Custard helps deliver products and services for IoT, edge, embedded, infrastructure, data analytics, mobile and web applications with the necessary best practices, to help decision makers bring their green visions to life.
For more information click here to see how Green Custard can help your organization.