How forward-thinking utilities are adopting the Internet of Things
Most utility companies have a plan to utilize technologies that are key ingredients of the Internet of Things (IoT). As an example, the Smart Grid Sensor market will expand rapidly in the coming decade, with revenues growing nearly ten-fold, according to the latest worldwide market study by IHS.
IHS forecasts that while the smart grid sensor market only accounted for less than 20 percent of total sensor sales revenues in 2014, they will account for 75 percent of the total sensor market in 2021.
