Smart Industry 2021
Smart Industry 2021 - The IoT Business Magazine - powered by Avnet Silica
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<strong>Smart</strong> Communications Sustainable Investment<br />
source ©: World Resources Institute<br />
Sustainable Development, including<br />
17 Sustainable Development<br />
Goals (SDGs) set by the United<br />
Nations. These goals encompass<br />
efficient water use, fighting climate<br />
change, and ending hunger<br />
and food insecurity, among others.<br />
The IoT can become a force<br />
for good by offering actionable<br />
insights that lead to more sustain-<br />
Back on Track<br />
With the US under<br />
Joe Biden back on<br />
board, hopes that<br />
the Paris Climate Accord,<br />
or COP21, will<br />
achieve its goal of<br />
reducing greenhouse<br />
gas emissions are on<br />
the rise again.<br />
<strong>Smart</strong> Tracking<br />
The Covid-19 pandemic has laid<br />
bare many of the long-standing<br />
vulnerabilities and risks lurking<br />
in organizations’ supply chains. It<br />
has intensified the need for better<br />
data in understanding operations<br />
and supplier traceability and<br />
transparency – all critical to meeting<br />
the commitments to sustainability<br />
and better planning. The<br />
key to automated, predictive, and<br />
prescriptive operations management<br />
in the post-Covid-19 world<br />
lies in the interconnectivity of digiable<br />
decisions. Here are three key<br />
areas where IoT is making an impact<br />
in sustainability:<br />
<strong>Smart</strong> utility companies are finally<br />
making headway in their effort to<br />
modernize infrastructure to optimize<br />
efficiency and improve sustainability.<br />
According to UNESCO,<br />
70 percent of the water used for<br />
crops around the world is fresh<br />
water. So, developing intelligence<br />
around our resource usage and<br />
efficient irrigation ensures sustainability<br />
and productivity.<br />
Seamless cellular connectivity, particularly<br />
LPWAN networks such as<br />
NB-IoT and LTE-M, have enhanced<br />
the penetration of smart metering<br />
solutions and near-real-time intelligence<br />
of consumption or wastage<br />
data. With eSIM and remote SIM<br />
provisioning, smart meter manufacturers<br />
are quickly innovating<br />
to comply with regulatory specifications<br />
and higher cybersecurity<br />
standards and expand their supply<br />
chain through ecosystems committed<br />
to interoperability.<br />
For smart-grid-ready solutions,<br />
flexibility is key. This flexibility also<br />
opens up new possibilities in how<br />
data can generate revenue streams<br />
for utility providers, positioning<br />
them as broader service providers.<br />
The example of pioneering<br />
work by Iskraemeco, a Slovenian<br />
manufacturer of metering solutions,<br />
offers a blueprint for anyone<br />
managing a greater diversity in resource<br />
generation or transport as<br />
the world moves to smarter grid<br />
intelligence. As the IoT guidelines<br />
on sustainability from WE Forum<br />
highlight, the global shift to a<br />
more resilient, reliable smart grid<br />
is dependent on addressing how<br />
utility companies can avoid lockins,<br />
reduce fragmentation, and<br />
build stronger customer relationships<br />
with end users.<br />
Micromobility presents a tremendous<br />
opportunity, having stormed<br />
from city to city in just two years,<br />
helping to address some of the<br />
most vexing transportation challenges<br />
facing urban areas: congestion,<br />
emissions, air quality, and<br />
inconsistent access to transit. According<br />
to research, if the share for<br />
e-bike riding rises to 11 percent,<br />
we could see a 7 percent decrease<br />
in CO 2 emissions from the urban<br />
transport sector by 2030 – potentially<br />
accounting for over 50 percent<br />
of urban trips in the US and 70<br />
percent in cities like London.<br />
Behind the scenes, micromobility<br />
solutions are complex. They<br />
connect a diversity of stakeholders<br />
– government and city councils,<br />
product manufacturers, and<br />
platform operators – across a<br />
fragmented value chain and force<br />
them to work together to develop<br />
innovative ways to make transportation<br />
safer, cleaner, more efficient,<br />
and more fun. Their success lies in<br />
the simplicity they present to the<br />
users, who will only change their<br />
behaviors if the services offered<br />
are significantly more convenient,<br />
trustworthy, and reliable. Those<br />
who sign up to use e-scooters also<br />
offer up a great deal of personal<br />
and sensitive data, including billing<br />
information and other involuntary<br />
analytics, such as location and<br />
individual vehicle information. To<br />
ensure that the early benefits of<br />
greening our cities are realized,<br />
companies need scalable security<br />
models standardized for trusted<br />
services and privacy frameworks.<br />
GSMA’s IoT-SAFE security scheme<br />
is a perfect example supporting<br />
this market’s growth, strengthening<br />
the promise and social contract<br />
with users.<br />
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