Benefits of IoT in Energy Industry

Posted by Bella Linton on January 22nd, 2020

Towards our journey to greener and smarter technologies along with a sustainable planet, the main thing we need to consider is smart energy. The world is moving towards smarter energy to achieve the goal of a sustainable earth. 

The large scale implementation of smart energy systems is rather expensive; hence experts don’t consider this a viable option. The Internet of Things smart grid solutions is the latest addition that comes up as a cost-relieving option to take up this sector. Being a practical solution to balance the increasing energy consumption and distribution thereby achieving real-time visibility into the energy usage process, IoT solutions are now the buzz word in the energy industry.  

To accomplish seamless interoperability and smart energy consumptions, IoT energy management solutions are now widely used. A handful of companies now delivers cloud-based data acquisition systems that enable field data acquisition to enhance operational efficiency and business intelligence, providing better visibility for businesses, industries, and utilities. 

Kalki.io is a cloud-based data acquisition system for energy IoT platforms. Being the pioneering IoT platform for energy, Kalki.io facilitates edge-to-cloud applications to connect, monitor, and control energy and devices or assets at remote places. A one-stop solution like Kalki.io  helps you utilize energy efficiently, manage your field equipments/assets, optimize transportation, remotely control your business settings, and automate your business operations. 

Benefits of IoT for Energy Consumers

• Improved efficiency – IoT energy platform empowers consumers to monitor real-time energy consumption data and identifies ways to reduce their energy bill.

• Dependability and security – Customers can remotely inspect which electrical appliances are on, have issues, and appliances that may need repair.

• Demand response – Detailed, real-time energy consumption data helps customers change the timing of energy use, thereby reducing cost and making the grid more reliable. 

For those who are looking for cloud based meter reading solution, Kalki Meter Data Pack (MDAS app) is the perfect solution to read energy meters for measuring and monitoring energy consumption, energy analysis, and billing so as to attain energy-efficiency goals for utilities and enterprises.