NTT launches IoT Services for Sustainability offering
Global technology and business solutions provider NTT has announced the launch of its IoT Services for Sustainability offering.
According to the company, the new end-to-end stack of solutions will help businesses advance progress against global sustainability initiatives and make data-driven decisions to reduce their carbon footprint through the intelligent use of IoT connectivity.
These solutions include:
- OCR Meter Reading: An optical-based meter reader to provide near real-time data from any type of meter including water, electricity, and gas. The meter can also be used to read any type of gauge including pressure and temperature.
- Water Leak Management: This technology provides real-time, IoT enabled protection against water damage for smart spaces projects.
- Predictive Maintenance: This solution collects data from sensors to create models that predict when events of interest might occur, including potential downtime, accidents or when something might need to be replaced.
- Environmental Monitoring: This technology uses sensors to identify the presence of pollutants in the air and water as well as tracking temperature and humidity.
NTT's IoT Services for Sustainability stack incorporates a secure IT/OT integration and end-to-end support. This helps organisations to quickly see the benefits of the technology across the entire business following deployment. Benefits include energy cost savings, faster reduction in emissions, advanced operational excellence, and better work enablement across the organisation. The stack of solutions is also supported by NTT's new LoRaWAN network, and its catalog of sensors to measure, monitor and collect data to drive sustainability objectives.
"IoT technologies are an essential tool in the global fight against climate change," says Jeff Merritt, head of urban transformation at the World Economic Forum.
"We know what actions are needed to build a more sustainable future and have a robust suite of technologies available to help deliver this impact," he says.
"As the world looks to accelerate the implementation of these solutions, organisations like NTT will have a critical role to play in helping companies and governments capitalise on this opportunity."
The announcement follows the appointment of two industry veterans to drive growth and momentum across NTT's IoT and sustainability initiatives. Wireless industry leader Devin Yaung has been appointed as SVP of group enterprise IoT products and services, bringing more than 25 years of technology experience focused on business transformation.
Vicky Bullivant has also been appointed as senior vice president, group sustainability. Bullivant has 25 years of creating and delivering successful sustainability, social, climate and ESG strategies that underpin commercial objectives in fast-paced and evolving business environments.
"Almost two-thirds (61.4%) of CEOs say they're aligning business strategies to the UN's Sustainable Development Goals. Yet only 2 out of 5 businesses have the solutions needed to meet the organisation's immediate objectives," says Yaung.
"Therefore, it is more critical than ever to prioritise and deliver sustainability solutions for our enterprise customers," he says.
"Our new stack of solutions will help organisations reach their sustainability goals and improve operations across their business, whether it is reducing waste from manufacturing defects or understanding the carbon footprint of their supply chain.
"The use of IoT will empower businesses to make decisions in real-time, streamlining processes and transforming the overall sustainability of their business. We're proud to be announcing this offering at such a critical time, and we look forward to driving change alongside our clients to create a more sustainable future."