How Can Your Organisation Be More Sustainable with IoT Solutions?
Climate change, which is characterised as a substantial change in climate conditions over many years has become a major concern for governments and businesses in recent years. Many international projects, such as the Global Reporting Initiative and the Carbon Disclosure Project, have since emerged to help companies become more sustainable and calculate their environmental impact.
Transitioning to a more sustainable business model is not only good for the environment but it can improve business productivity and efficiency as well. From increasing resource efficiency and developing innovative solutions to improving brand image and staying on top of business trends, organisations are beginning to realise how crucial sustainability is to ensuring their long-term goals. In addition, consumers are also becoming more interested in buying eco-friendly products and supporting sustainable companies. Thankfully, innovative technological advancements in the form of Internet of Things (IoT) solutions have made it possible for companies to easily switch to sustainable practices.
If your company is interested in becoming more environmentally friendly, keep reading this article to find out how IoT solutions can help with that.
2 Ways IoT Solutions Can Help Organisations Be More Sustainable
Data analytics is the core idea that allows IoT technologies to provide sustainable solutions. Many businesses use a number of mobile devices to run their businesses, resulting in a vast amount of data about their everyday operations. Thanks to IoT, these data can be easily analyzed and insights derived, enabling companies to make more informed decisions – especially when it comes to switching to a more eco-friendly alternative.
Consequently, there are 2 ways in which IoT and data analytics can help an organisation become more sustainable. They are:
1. Sustainable Transportation
Did you know that transportation is one of the biggest contributors to air pollution in the world? As it is an integral part of our daily lives, it is imperative to switch to sustainable transportation solutions so as to reduce its environmental impact. One such solution would be using an IoT-enabled fleet management system where fleet managers can receive data-driven reports about vehicle health, fuel expenses, and real-time information about driving routes. This has a few benefits. The first is that it enables businesses to become more energy efficient by providing them with data on fuel consumption levels. Such data insights can help fleet managers respond to increasing fuel costs by reducing fuel usage as energy sources become more finite and prices become more unpredictable.
The second is that they can engage in intelligent route planning and ensure that vehicles are not remaining idle. Not only does this help vehicles get to their destination quicker, but it also reduces fuel consumption. Another benefit of reduced fuel usage is that less carbon emissions are produced, thus lowering air pollution levels and improving air quality. Lastly, fleet managers can send their vehicles for timely maintenance, increasing the longevity of their fleet. Therefore, using an IoT-enabled fleet management system can help companies become more eco-friendly and sustainable.
2. Environmental Monitoring
As Singapore largely consists of urban environments where buildings and people are densely packed in one area, the urban heat island effect (UHI) is very present here. This effect refers to the phenomenon of metropolitan areas having higher temperatures than the rural or less-densely populated regions. Buildings are one of the contributors to UHI as they are made of insulating materials that trap a lot of heat and also use up a lot of energy such as electricity and water. As a result, environmental monitoring is an important aspect of facility management now.
With IoT-enabled environmental sensors placed around their facility, facility managers can assess environmental conditions to make real-time adjustments and analyse trends so that they can see where they can reduce consumption and ensure cost savings. In addition, they can also invest in recycling programmes so that they can reduce their waste products and, in turn, lessen their carbon footprint.
Ensuring A Green Future With IoT Solutions
It’s telling that five of the United Nations’ 17 Sustainable Development Goals (SDGs) are focused on creating a cleaner, more sustainable global environment. Since the purpose of technology has always been to make our lives simpler and solve problems more efficiently, IoT solutions offer data-driven insights that enable businesses to explore ways to make their operations more environmentally sustainable without sacrificing their bottom line. Whether it is providing insights on vehicle health and fuel consumption or monitoring environmental conditions of buildings, OverdriveIoT has a range of products and services to help your company achieve its sustainable goals.