As the “Internet of Things” (IoT) — devices automatically communicating with each other using wireless networks — gains momentum, enterprise efficiencies are already being realized, according to Brian Modoff, director of communications research for Deutsche Bank Securities.
Modoff led a panel discussion on IoT at the Texas Wireless Summit, held Nov. 14 at The University of Texas at Austin.
In an interview with RCR Wireless News, Modoff discussed how something as simple as automated lighting can have a big impact on a business’s bottom line.
He gave the example of the company Enlighted Inc., an automation product and services provider.
“They manage the heat (in a room) based on the actual ambient temperature in the room, how much energy is coming in from the windows, when do we turn it on/off, how many people are in the room.”
“Same thing with lighting. If it’s sunny out then the lighting gets backed off. That company is working with utilities now. In places they’ve been deployed, because it’s so effective, they’re cutting energy bills by 65 percent. That’s just one example of when you use the Internet of Things, and you apply it to a function, how it can have a big impact on the economics of that function. It can also significantly reduce the waste that you see.”
The 12th annual Texas Wireless Summit was hosted by UT-Austin’s wireless networking and communications group and the Austin Technology Incubator.
For more video from the Texas Wireless Summit, click here to visit the RCR Wireless News YouTube channel.
