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Detecting the faulty errors in equipment is challenging and a tedious task if the smart technology is not installed in buildings. Fault detection and diagnostics remove this hassle. Get the insights.

India has made generous commitments and pledged to achieve net-zero by the year 2070. At the 26th Conference of Parties (COP26) in Glasgow, the Prime Minister of India, Mr. Narendra Modi emphasized saving the planet from climate change. With the commitment of installing non-fossil fuel electricity generation capacity of 500 GW, sourcing 50% of India’s energy need from renewables, reducing 1 billion tonnes of projected emissions, achieving carbon intensity reduction of 40% over 2005 levels, by the year 2030, and mainly achieving net-zero by the year 2070, our country is empowering such initiatives to overcome the environmental concerns.

Climate change and greenhouse gas emissions leave a devastating impact on the environment. In the end, it’s us who have to face the setbacks of it! In November 2021, more than 190 world leaders arrived in Glasgow attended a twenty-sixth session of the Conference of the Parties (COP26) to address these matters.

There has been an enormous increase in energy consumption from the past few years with the rise of energy-intensive activities. The conventional sources of energy are depleting at a fast rate and the renewable sources have not matured to an economically viable level.

We spend around 90% of our time in buildings, whether it’s our workplace, leisure area, or home today. It’s time to make the buildings smarter to make our life fundamentally easier and improve our comfort. Well, intelligent buildings have the ability to fulfill our vision. How? With the power of IoT and AI technologies that can respond intuitively to our requirements and adjust automatically to our individual demands. They can transform a normal into an intelligent one!

Retailers are looking for opportunities that can improve their profit margins, reduce unnecessary operational costs, and importantly, bring in sustainable results for the future. They also have to make sure that they fulfill the corporate social responsibility as it affects their brand images. How? Consumers are becoming increasingly aware of the actions of their favorite brands. On the other hand, stakeholders expect transparency in environmental and operational sustainability.

The rising energy consumption in buildings is alarming! International energy outlook EIA projects that residential electricity consumption will increase nearly twice as quickly as total residential sector energy use from 2015 to 2040. It has also stated that total delivered commercial sector energy consumption in India will rise by an average of 3.4% every year- again, the fastest growth rate among IEO regions.

The world is slowly inclining towards IoT-based solutions to drive automation in buildings. Apart from it, there are many other reasons behind the rise of IoT technology. Get the latest insights.

The retail sector consumes a considerable portion of energy. Retailers have to ensure effective energy management. It is a concerning issue that needs to be tackled with advanced IoT solutions.