Many companies go green not only to improve their public image but also to save money. Now artificial intelligence (AI) and the internet of things (IoT) can help companies manage their green initiatives like predictive maintenance, waste reduction, energy efficiency, in order to do both. Since IoT can be used at the circuit level to collect data about a system performance in more detail than traditional monitoring systems, much more data about its operation is produced and therefore AI is also necessary to analyze and interpret said data in a timely manner. Not only that but AI can also automate certain functions to save energy without extra efforts, like making adjustments to climate control and lighting to save energy. IoT can provide real time data and historical information of conditions across a network, tracking things like uptime, temperature, pressure and energy usage.

Reducing waste and responsible energy management has become a necessity for corporations looking to shore up their image in the eye of the public. However, while going green is certainly a commendable, ethical goal, it's also a fiscally responsible one. Companies that implement green strategies – such as waste reduction, energy efficiency and predictive maintenance – invariably save money in the long run. An effective energy management strategy requires the latest technology. Today, that's a combination of the internet of things (IoT) and machine-learning algorithms, more commonly known as artificial intelligence (AI).