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.

Internet of Things and other innovations help electric utilities to survive

Leave a comment

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.

Advertisements

Author: Jill Barson Gilbert

Founder, President & CEO of Lexicon Systems, LLC, an independent management consulting firm in Houston, TX. Thought leader on environment, health & safety (EHS) and sustainability software. Trusted advisor on strategic planning and strategic marketing issues.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s