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Thankfully, technology can help.
Companies can extend the life of physical assets such as machinery, equipment or vehicle fleets.
And often, these same technologies can also help with operational efficiency and costs.
This same principle can be applied across many industries that rely on manufacturing operations and heavy machinery.
Additionally, it can inform decisions to run equipment more efficiently with less energy usage.
Optimizing real estate
Buildings and factories are major generators and consumers of data from numerous locations.
They are also a huge source of energy consumption and emissions for companies.
Computers, data centers and networks take up approximately 10% of the worlds electricity.
Yet it still requires important amounts of energy, leaving room to improve efficiency even further.
Story byMarris Adikwu
Marris Adikwu is a freelance writer with a passion for internet culture.
Her work has been published in Glamour Magazine, New York Magazine, Eater, and more.
In her free time, she writes short stories.
