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Energy Management in the Age of the Internet of Things

Date: 29 June 2015

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7 pages

EXECUTIVE SUMMARY

The latest macro theme to shake up the technology world is the Internet of Things (IoT). In this report for executives in energy management solutions and services firms, Verdantix looks forward to the impacts of the IoT on energy management. In many ways energy is a perfect problem for IoT solutions. Smart grid investments are flourishing and the impacts on the demand side will be very significant because the increasing breadth of assets that can be managed and higher value-add potential will improve the underlying economics of energy management. The IoT trend is shaking up the industry with incumbents having to respond fast to innovation-led entrants that leverage open standards, data from multiple networks and the ability to shift the intelligence of the solutions to the cloud. Executives need to face up to the challenges of an evolving ecosystem, educating customers and maintaining solutions that bridge the gulf between data paucity and IoT-led data abundance.

TABLE OF CONTENTS

ENERGY MANAGEMENT IN THE AGE OF THE INTERNET OF THINGS
The Internet Of Things Is The Logical Extension Of Today’s Networked Environments
The IoT Will Stimulate Energy Management By Extending Current Technology Advances
Potential Winners And Losers Must Not Miss The Boat
Executives Need To Plan Flexibly To Deal With The Heterogeneous World Of Energy Assets

COMPANIES MENTIONED

AlertMe, Apple, British Gas, BT, BuildingIQ, C3, Cisco, ComEd, Dexma, EFT Energy, Elster, EnergyICT, Engie, Envisi, FirstFuel, GDF Suez, Google, GSMA, Hive, Honeywell, IBM, Itron, kWIQly, Matrix, Nest, Onzo, Panoramic Power, Samsung, Schneider Electric, Shift Energy, Siemens, Sonos, Tridium, Verisae, Wipro