Abundant IoT: Tailoring Customized IoT Strategies with Focus on Energy Sources
A unique aspect of Abundant IoT is its distinct focus on energy, which is often overlooked as the missing link when putting together an efficient and robust technology stack for the trillion dollar IoT market. Energy sources are the foundation of the services that tie IoT technology stacks together and represent over 30% of the recurring services in the IoT market. Creating a strategy for energy sourcing requirements will help companies gain visibility into real time operational data and streamline the overall workflow process to promote greener sustainable practices while minimizing costs and energy waste. AIOT also has an energy management app that uses AI to notify customers of energy events (saved millions in last year Texas’ winter storm) and market opportunities which help customers to feel confident in their energy services and saving time and money in the same motion.
As each business has different energy requirements— Abundant IoT initially makes assessments based on consumption rates to maximize IoT’s potential benefits across the utility value chain (electricity, gas, water, waste, telecom, cloud). The company will then use the insights to help clients swiftly identify and manage savings opportunities by establishing a fitting strategy for executing a full-stack IoT technology deployment. Using its in-depth expertise and vast contracting network to engage with the clients at every step, Abundant IoT will streamline all the technical, physical, financial, and contractual requirements of designing, optimizing, and deploying a full-stack IoT solution.
To further illustrate Abundant IoT’s efficacy, in one case, a leading university was faced with increasing pressures to update their aging infrastructure to curb utility costs and increase ROI. Using its experience and supplier sources, Abundant IoT created a comprehensive energy strategy consisting of the “full stack” of IoT solutions that include electricity, water, waste management, and EV charging stations. The company retrofitted aging lighting, water valves, signal boosters, and other infrastructure to capture saving opportunities and avoid compliance issues. In addition, Abundant IoT put forth the university’s sustainability commitments into action by designing and deploying EV charging stations and a micro grid with solar energy on-site that helped avoid unplanned infrastructure downtime.
Today, the current geopolitical challenges and the resulting tensions on energy supplies illustrate the importance of optimal and proactive operational control at all stages of utilities’ value chain. At the same time, unprecedented digital transformation following two years of the COVID-19 pandemic has dramatically increased the demand for IoT solutions. The timing for companies to start their IoT journey has never been more crucial with cost optimization, regulatory compliance, energy transition, and emerging technologies adoption, some of the challenges that utilities must overcome to maintain their business. Soon, with a tremendous background experience and excellent track record, Abundant IoT is ready to expand the reach of its comprehensive package of solutions and services to empower, transform and support a more extensive client base in their IoT strategy.
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