PodChats for FutureIoT: Using IoT to make the world a greener place

When Kevin Ashton first coined the term “Internet of Things” back in 1999, his primary intent was for IoT’s use in retail operations. Today, IoT applications have gone beyond retail and into industrial and commercial use. Companies and industries are looking at carbon footprint reduction activities as a mainstream initiative that forms a significant part of their operations and their businesses. In a report published by Ericsson, the use of IoT has the potential for reducing emissions by as much as 63.5 gigatons by the year 2030, should all industrial sectors participate. IoT is destined to be an enabler that will help industries reduce their greenhouse gas emissions and increase their energy efficiency.In today’s PodChats for FutureIoT, we speak to Mehal Shah, Global Business Head, TCS Clever Energy, to discuss how companies can and are using IoT to make the world a greener place.1.       Why the increased interest in carbon neutrality and improved emission management?2.       For effective use of IoT to attain zero-carbon goals or better emission management:a.       What KPIs (milestones) should be put in place?b.       Who should comprise the team to oversee the planning, execute and management?3.       What are the challenges that organizations will face as they plan and execute the above?4.       Can management monetize carbon neutrality and emission management initiatives? (can you cite an example)5.       What are your expectations around carbon neutrality and emission management going forward (keep IoT in the frame)?