oneM2M launches new initiative to promote sustainability via IoT technologies and open-standard systems
20/04/2021 – 14:28
Sophia Antipolis, France, 20 April 2021: The industrial Internet of Things (IoT) can add $14 trillion of economic value to the global economy by 2030 according to the World Economic Forum’s “Guidelines for Sustainability”. However, while technology driven change can be a tremendous driver for value creation, some of its side effects, including wasteful usage patterns and throwaway technology, can undermine total gains. This highlights why organizations need to factor first- and second-order sustainability principles in their technology and design choices.