Over the last 4 decades, the world has witnessed an interesting new trend. Technologies have been invented and employed solely to make the world a better place.
The Internet of Things could be a game-changer for sustainability
The Internet of Things (IoT) is a key focus. It is one of the 3 most impactful technological advancements we will see before 2030, according to McKinsey. By 2025, the IoT’s economic impact will be around $11.1 trillion – 14% of today’s global GDP.
Most current IoT projects can contribute to achieving both the SDGs and the UN’s 2030 mission. A study of more than 640 IoT deployments, conducted in collaboration with firm Iot Analytics, showed that 84% of existing IoT deployments can address the SDGs.
Why is the impact of IoT so large? At its core, IoT is about measuring and remotely controlling previously unconnected “things”. It reaches people and objects that older technology could not.
Examples include a remote water-monitoring solution that ensures clean water in regions with an indigenous population and smart lighting initiatives in Chinese cities that halve total power output.