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More than 110 countries at the United Nations’ COP28 climate change conference agreed to triple that capacity by 2030, and global investment in clean energy transition hit a record high of USD 1.8 By integrating smart grids and Internet of Things (IoT) devices, businesses can better manage their energy use. trillion in 2023.
trillion in economic benefits by 2030. Governments, businesses, and non-profit organizations globally are implementing initiatives such as establishing protected areas, restoring degraded ecosystems and promoting sustainable agriculture and forestry practices. They’re also turning to a new perspective: “nature positive.”
Over the years, the Internet of Things (IoT) has evolved into something much greater: the Economy of Things (EoT). The number of IoT connected devices are growing in practically every industry, and is even predicted to reach 29 billion worldwide by 2030. These IoT connected devices form a critical backbone of data for industry.
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