Internet of Things in the Energy sector

Internet of things has emerged as a new reality in the technology world. Energy industry analysis suggests that the internet-devices are coming up as the tool to upgrade productivity and efficacy while further enhancing the decision making process. It has also contributed to solving the critical problems and create new innovative experiences.

With more tools connecting, the companies typically face increased fragmenting, and security challenges. There are a couple of technology marketers which are offering integrated scalable hardware and software solutions specially built in order to meet the requirements of the market. Intel, McAfee and Wind River to name a few. The software projects incorporate the energy infrastructure which is already there and streamline it to enhance its security and reliability.

The put combined efforts by the three market giants bring the expected end-to-end security requirement into practicability. While Intel offers the scalable architecture to host the far-dow embedded OSs and applications from McAfee and Wind River solutions hold 30 years of offering security to the digital worlds. This further gets augmented by Wind River for IoT applications.

There’s also a solar energy project which is being researched to incorporate with the Internet of things. Photovoltaic panels have been in use for past 6 decades and yet the technology accounted for a hardly any power generated in past a couple of years. Nevertheless, with the recent application research of Internet of Things, there’s network of over 9 billion sensors and devices which are collecting data from all the source at any given point. This is ensuring informed decisions which are even speedier and powered by automation.

There are various data centers where IoT solutions are being applied to wide-ranging industry verticals. It has enabled the industry sectors to grow faster and with utmost precision in the outcomes. The market forecast suggests, the total number of connected things is forecasted to reach 20 billion by 2020.

For energy firms, this would imply that there will be extensive flexibility in the operations while accommodating new energy sources. Enhances management system for assets and the overall workflow. IoT application in the energy sector would also enable reliability, greater security and better customer services.