Recently, Transforma Insights released a major new report, “Digital Transformation for Sustainability,” which explores the ways in which companies are leveraging new disruptive technologies to achieve their sustainability and broader ESG goals.
This article provides some key data points from the report that specifically address how the Internet of Things is being used and the typical results that can be expected in terms of fuel, energy and water savings and reductions in greenhouse gas emissions.article.
Excerpted data from the report.
l By changing consumer behavior, smart appliances in the home can
reduce electricity consumption by 3-5%. Corporate consumption reductions can be
even higher, typically 10-12%.
l Transportation accounts for 37% of carbon emissions, with over 30%
coming from fleet vehicles. Fleet management solutions can reduce fuel
consumption by an average of 15% and up to 25%.
l Buildings account for 27% of energy-related carbon emissions. Smart
building management can reduce electricity consumption by 10-20%. Smart
lighting and HVAC can reduce consumption by 30-40% and 20-30%, respectively.
l 13% of supply chain emissions are caused by material handling
activities in logistics buildings; warehouse management systems can reduce
electricity consumption by 20%; and efficient freight programs can save 4-8% of
l Street lighting consumes 1-3% of all electricity; smart street
lighting can reduce power consumption by up to 40%. Parking monitoring solutions
can reduce the time it takes to find a parking space by 30-40%.
l Typical remote monitoring IoT use cases reduce fuel consumption by
reducing field technician trips by 15-20% in most cases, and in some cases by
more than 40%.
l Smart public transportation can reduce fuel consumption by 10-15%.
Car-sharing programs can reduce miles traveled by 31%. Shared bikes and
scooters can reduce mileage by 7-10%.
l Agriculture is the largest consumer of fresh water reserves in any
country, and 50% of irrigation water is wasted. On average, irrigation
management and soil monitoring can reduce water use by 25-30%.
l Medical telemonitoring reduces hospital admissions by 45-50%,
resulting in a 20-30% reduction in hospital electricity use and a reduction in
fuel consumption for hospital visits.
l Drone deliveries have 1/6 the environmental impact of motorcycle
deliveries. drone inspections (such as wind turbines or pipelines) allow for a
50% increase in efficiency and are more effective and safer.