Placed on – 19 September 2017

Blog: Why should companies start embracing smart machine technology now?

Sign up to our newsletter

Don’t miss out on the latest news!

Blog: Why should companies start embracing smart machine technology now?

Asking why you should embrace smart machine technology now is like going back five or so years and asking whether it really makes sense to get a smart phone. Like most industry observers, at Evalan we are convinced reality will soon overtake whatever hesitations there may be about the reshaping of industry by IoT. Companies that have started out on this path confirm this. So one reason to introduce smart technology is that it has done what it claimed it would do for organisations: reduce cost, improve efficiency, increase control, raise profits, raise customer satisfaction and create opportunities for new and more sustainable business models.

Answer to economic crisis

Looking at the  IoT growth expectations, IoT could be the answer to the economic crisis as expectations regarding the growth and the economic and technological impact of IoT solutions, smart factories and smart machines are high. Estimates as to IoT market growth in the coming years vary widely, but are all impressive. Leading research and consultancy company Gartner, Inc. has forecasted that 8.4 billion connected things would be in use worldwide in 2017, up 31 percent from 2016, and that the number will reach a staggering 20.4 billion by 2020.

Efficiency and energy efficiency are becoming central values

The second reason to embrace IoT is that from the many reports being published on IoT, one clear and indisputable fact emerges: IoT is unavoidable, sweeping and will bring huge changes to consumers, cities, retailers, industries and society as a whole. Even if you are not a tech company, IoT devices are going to impact how you do business.

IoT can help you adapt to changing markets

A third reason is the major role smart machines and IoT solutions can play in today’s energy challenges. Efficiency and energy efficiency are becoming central values. And as we grapple with depletion of natural resources, growing populations and growing economic demands, efficiency – and especially energy efficiency – is becoming vital to business. Experts expect global demand for energy to have doubled by 2050. For industries, cost reduction, resource management and energy efficiency are essential disciplines. Smart machines and IoT solutions can play a major role in this development.


If these reasons seem plausible to you and you would like to discover how your company can benefit from IoT, we offer a White Paper with much more information. Or you can contact us direct.


Evalan - Empowering your business with IoT

Share this article

Upcoming events

Maintenance NEXT

Solar Solutions International


Contact us

More Blogs

IoT gives you the ESG data needed to make an impact

IoT allows you to gather and translate ESG data into actionable insight.
BuildingsEnergy & Water

A 101 on Energy Curtailment in the Age of Renewables

Understand what energy curtailment is and the impacts it has on your solar energy installation.
BuildingsEnergy & Water

Smart Energy Management Systems: Unlock the Potential of your Solar Energy

Smart energy management can maximize your returns by matching consumption with production and optimizing market values.

Alternatives, extensions, and enhancements to SCADA

BACE can complete your SCADA system or be the alternative you seek to using SCADA.

P1 Monitor Demystified: Changing the Energy Management Game

Improving energy management and savings entails the use of friendly P1 Monitors that provide direct and real-time feedback to the users.
Energy & Water

IoT to Optimize Returns in Solar: Profiting from Time of Use Rates (Use Case #3)

EVALAN addresses 3 main use cases to optimize performance: Monitoring, Using Surplus Energy On-Site, and Profiting from Time-of-Use Rates.

"We solve problems with IoT solutions to give your business a competitive advantage."