IIOT improves energy efficiency and reduces costs in the energy sector by enabling real-time monitoring of energy usage, identification of energy waste, and optimization of energy consumption. Energy companies can monitor energy usage in real-time, identify inefficiencies, adjust energy consumption, and perform predictive maintenance to detect potential equipment failures before they occur.
https://avench.com/7-areas-where-iiot-is-transforming-the-industry-for-the-better/