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According to Wikipedia:
The Internet of Things (IoT) is the network of physical objects or things that are “embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. The Internet of Things allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems, and resulting in improved efficiency, accuracy and economic benefit.
A huge advantage with energybank IoT is the ability to leverage LED lighting systems as a platform accessory for the IoT infrastructure, providing a place to mount intelligent devices and the energy required to power them.
Welcome to Industry 4.0, the fourth industrial revolution.
Genius Internet of Things (IoT) will allow customers to synchronize their production processes machine to machine and take control of their energy cost allocation. Energy is one of the top spends for most commercial/industrial operations, yet most managers have no data for the energy content in a manufactured widget. Genius IoT changes everything.
Initial IoT offerings planned include:
• Meter energy usage of adjacent equipment
• Monitor cycle times on equipment
• Provide predictive notification
• Video surveillance
• Time studies
The first beta test site to demo energybank IoT technology is a GE manufacturing facility.
The system was specifically designed and built for GE from the ground up in 4 weeks to meet specific customer needs.
The demo includes advanced dimming control of the solid state lighting with blaster technology, and control of ancillary loads.
When the GE facility manager was asked why he selected energybank solutions, he mentioned responsiveness, innovations and value.