Lexicon Systems, LLC Blog

lex'•i•con: the vocabulary of a branch of knowledge. Thoughts on environment, health & safety (EHS), sustainability and information technology to support them.


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Internet of Things and other innovations help electric utilities to survive

Image courtesy of 2nix at FreeDigitalPhotos.net

Image courtesy of 2nix at FreeDigitalPhotos.net

Most Americans take reliable electricity for granted. Electric utilities can no longer count on customers to use more and more power, as conservation efforts and alternative energy sources gain popularity.

To survive, utility companies must focus on efficiency and cost control. The Internet of Things and other innovative technologies will help them to improve and survive despite slow market growth.

Deloitte University Press just published an insightful report,  The power is on: how IoT technology is driving energy innovation.

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