Sidney Hill, Jr.
The Internet of Things (IoT) can help cut costs for manufacturers; the next step is leveraging it for business growth through enterprise resource planning (ERP) and other enterprise systems.
Energy efficiency needs to be seen from new perspectives like asset management and as an investment tool to continue to make strides. Link to related Industrial Energy Management articles.
Bundling solar assets into marketable securities promises to lower project financing costs, leading to cheaper power and faster industry growth. See related links.
Users of energy management applications are learning that the data these applications collect can help improve the performance of production equipment and processes.
Demand-control technology supports multiple approaches for taming energy costs without sacrificing production efficiency.
Industrial automation technologies are doing the same for energy management as they did for production processes: Making already good strategies better, with faster and smoother operations.
There are still hurdles to overcome, at least in the U.S., before the Smart Grid becomes reality.
Newly formed industry group aims to boost U.S. manufacturing’s global competitiveness through energy efficiency.