Silicon Labs is launching an on-going IoT Energy Management series to explore the potential of energy management technologies and to help commercial buildings reduce energy consumption and costs.
Roughly 40% of global energy consumption and 70% of electricity usage stems from buildings. These numbers are probably not surprising, given that, in normal times, we spend most of our time inside offices, schools, or homes, while simultaneously connected to electrified things. As we start to understand what this world will be like post-COVID, companies are focused now on taking advantage of emerging opportunities to boost building efficiencies and save costs. Data, insights, and most importantly – actions – are transforming the way we use energy, and this is reaching far beyond our smart homes.
Beyond remote control of a thermostat, internet-connected technology is addressing global sustainability, personal inhabitant health, and bottom-line financial savings. The commercial buildings adopting IoT technology are seeing double-digit operating efficiency savings per year. The best part is these efficiency percentages scale with the total size of the building, meaning total energy savings, which drastically increases the larger the building.
Explore the possibilities of energy management and how we at Silicon Labs are reducing our own energy footprint through our Real-World Impact of IoT Energy Management article.