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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 />

58

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