As concerns about climate change and our sustainability grow, companies are devoting more time and resources to developing more innovative, greener technologies. Data is one of the most crucial tools that companies have in their arsenal when it comes to saving energy. Analysing existing data can yield meaningful insights into where businesses can improve their energy output.
Many companies and organisations have taken the lead with various initiatives to reduce energy consumption in recent years. And for a good reason – rising energy costs can eat into profits and, more importantly, increase greenhouse gas emissions. Singapore is no different, and the government has been working hard to promote energy efficiency initiatives. Initiatives like switching from carbon-intensive fuel oil to natural gas for their energy production have upped Singapore’s energy conservation game.
We can develop the most advanced technology, but it is only helpful with something to power it. That comes into focus as more businesses adopt advanced technological measures to keep up with the ever-evolving Internet of Things (IoT). It is why an energy management system remains paramount to any infrastructure.