A popular buzzword in the tech world, the Internet of Things (IoT) refers to products beyond typical computers that connect to the internet and have “smart” capabilities. This includes connected lightbulbs, smart speakers and even fridges with intelligent inventory display. IoT products are becoming more popular, as they improve efficiency and convenience while providing added useful functionality. These new “smart” devices have a lot of benefits in sustainability, however. For example, smart lighting uses modern, efficient LED technology and can be used to automatically turn off lights when they are not needed, saving valuable energy. What’s more, smart devices typically have a lot of sensors which feedback large amounts of information. IoT devices can pass information about their lifecycles, enabling owners to understand exactly when components or hardware might need to be replaced, rather than doing so prematurely and increasing waste.
The idea of sustainable energy has been around for a long time, but only recently have we seen large-scale implementation of these ideas in business. Companies with dedicated sites can use sustainable energy sources like solar power, and store excess power in modern energy storage units which help to reduce the impact of energy spikes and troughs from these sources. The combination of these technologies can help to make a business more environmentally efficient and bring cost savings to a company’s energy portfolio. Looking to the future, Tesla Energy is introducing solar roof panels that can generate energy without looking out of place – something to watch out for over the next few years, as it presents an appealing sustainability opportunity for new buildings.
As manufacturing and transport processes become more augmented with the use of technology, it’s clear that there is now more information than ever about the supply chain of a company and its products. Many consumers are interested in this information as they look to support sustainable businesses and products in their lives. As a result of all this new technology, we see the possibility now for networked supply chain data analytics and insights, allowing us to make supply chains more transparent than ever – both to businesses and their consumers. This drive will encourage and allow both consumers and businesses to make more sustainable decisions.