The Internet of Things technology functions as a bridge between the physical and digital world, enabling faster, decentralized, and real-time feedback.
Given the critical nature of the energy crisis in South Africa, energy management has become a pressing issue. Home and business owners are actively seeking smarter ways to use and conserve energy. South Africa now boasts the largest per capita backup generators in Africa, with revenue forecasts exceeding US$159,000 by 2030. While both solar and generators are crucial for business continuity, there is a desperate need for energy management tools.
It offers remote management capabilities for businesses with facilities in remote areas, saving costs and revenue. Beyond business continuity, IoT technology has environmental, social, and governance benefits. The increased use of diesel generators negatively impacts the environment and may hinder businesses’ ESG agendas.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessTechSA - 🏆 24. / 61 Read more »