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Entrepreneur Ramez Nasser speaks to United Renewables about it

#Entrepreneur #Ramez #Nasser #speaks #United #Renewables

DOUGLAS, Isle of Man, June 16, 2022 (GLOBE NEWSWIRE) — Ramez Nasser says quickly tackling the magnitude of climate change could be made easier, more effective, and more efficient by leveraging the wealth of data we generate. In Conversations on Climate, the podcast by United Renewables and London Business School, he outlined how the Internet of Things and smarter technologies can help reduce emissions, enable better use of energy and enable regulators to set better targets.

“With the development of IoT, we equip buildings, we equip cities, factories with a whole range of electronic components and people to measure their efficiency, including IoT data, SCADA systems, BMS data (Building Management Systems), contract data and meteorological data, all of which are very heterogeneous and increasingly complex. Understanding this as a metric is a challenge we must face if we are to move towards net zero and be able to measure our progress towards net zero.”

To leverage this data, Ramez outlines several key challenges to solve, including:

  • Data scientists spend 80% of their time searching for data, cleaning data, making it available and clean enough to use in their algorithms. We need to refine any data we collect so that it can be used or used by data scientists.
  • By 2035, the world will generate over 2500 zettabytes of data, which will require new technologies to harness that data, particularly in the energy space, which is one of the areas where most of the data is generated.
  • Data storage and servers must become increasingly efficient to accommodate exponential volume growth.

The volume of data available will be essential to track and optimize the energy efficiency of buildings and businesses, to manage electricity consumption in cities (e.g. by turning off lights in unused streets) and to guide the development of new technologies.

Ramez Nasser is the newest guest on the Discussions on climate podcast, …

Read on GNW: Entrepreneur Ramez Nasser speaks to United Renewables about it


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