SUSTAINABLE IoT STARTUPS: TOP 9 IDEAS FOR STARTUPS IN 2021

When addressing the Internet of Things and business opportunities, facts and figures are unavoidable. The data is truly impressive: consider that the total number of short-range IoT devices worldwide in 2018 was 7.5 billion. And this isn't even close to the top of the list. According to research, this figure will rise to 17.8 billion by 2024.

The total value of the IoT market is expected to be $520 billion in 2021, with the systems integration segment accounting for $116.1 billion of that. According to Statista, the market value will be around $1.6 trillion by 2025.

IoT Technology and the Future of Business

Today, Internet of Things initiatives and ideas are frequently recognised as the most promising paths in many startups. The Internet of Things, in particular, brings advancements in areas such as:

‣Manufacturing

‣Building

‣Smart home

‣Healthcare

‣Agriculture

‣Retail

When it appears that striking a delicate balance between economic efficiency and environmental friendliness is difficult, IoT sustainability solutions demonstrate that nothing is impossible. While most IoT technology is employed in the commercial and consumer segments, the Internet of Things is also used to power environmentally friendly enterprises worldwide.

Furthermore, harnessing green tech to address global sustainability challenges may be the key to overcoming the most serious environmental problems.

How is IoT technology benefiting the environment, and how can you create a green business?

This blog will look at IoT use cases in environmental management and offer some green business ideas. Continue reading to find out more!

The Global Concerns that IoT Helps to Solve

The usage of IoT in environmental sustainability is becoming more popular, and the range of applications for this emerging technology is also expanding.

Let's look at the environmental issues that the Internet of Things can assist to solve.

Climate Change

Climate change is happening result of inefficient energy management, air pollution, and toxic emissions. Fortunately, IoT technology can control all of these variables.

IoT decreases the greenhouse impact and helps regulate global climate change by regulating energy use, measuring air pollution levels and understanding their causes, and minimising hazardous CO2 emissions by controlling traffic.

Water Scarcity

Humanity is running out of water: the UN estimates billions of people will face water scarcity by 2025. By reducing pipe leakage and monitoring use, IoT technology can help reduce water consumption by up to 50%.

Smart irrigation using IoT sensors is another viable solution to the water constraint problem.

Agricultural Issues

Agriculture is one of the most creative and intensive industries, with a significant environmental impact. As a result, agriculture corporations seek to increase production with limited resources as the Earth's population grows and nutritional preferences change.

IoT might increase sustainability and promote smart agriculture by using sensors to collect soil, weather, plants, farm animals, and farm equipment metrics.

Waste Management

Smart trash management is also a popular IoT sector and an important component of the smart city ecosystem. Garbage management firms can measure when waste bins are full, schedule a waste pickup, and optimise driver routes by installing sensors in waste bins. This method is less expensive, and it is also better for the environment.

Connected Wildlife

With so many animal species on the verge of extinction, technology must step in to save them. However, recent successful cases of using IoT to help re-establish some missing species allow specialists to remain cautiously optimistic.

The use of collars and drones to track remaining animals has already contributed to conservation campaigns for Iberian lynx and African rhinos.

Top Eco-Startup Ideas: IoT Sustainability Solutions

On a worldwide scale, IoT environmental sustainability solutions benefit the environment. Implementing ecology software that monitors resource usage and aids waste management achieves the collective effect.

If you're looking for IoT startup ideas, these options may help you get started.

1. Commercial building energy management software

Smart energy management systems help businesses, and people minimise energy usage and waste, lowering pollution and the greenhouse impact while conserving natural resources.

Enlighted, for example, is an IoT platform for commercial real estate that allows owners to control lighting, cooling, ventilation, and heating to create an ideal atmosphere for renters. The platform also includes movement sensors, which aid in determining which areas of a structure require more resources at any given time. Thus, aside from providing comfortable working environments, the programme also aids in optimising energy consumption and reducing costs.

2. Water management and monitoring systems

Every day, massive volumes of water are wasted owing to pipe leakage. IoT-based water control and management systems aid in the early detection of leaks, scheduling pipe repairs, and avoiding unnecessary costs.

An example of such a system is XiO. The platform is cloud-based and includes analytic modules that provide insights into consumption and waste patterns. XiO may be used to manage drinking water, wastewater, and agricultural irrigation water.

3. Monitoring of air quality

One of the most important factors of workplace security is the quality of air within a structure. Ensuring good air quality benefits employee productivity and wellness.

Furthermore, home air quality systems contribute to better domestic settings and positively influence sleep quality and physical and emotional well-being. Furthermore, such systems assist monitor interior CO2 levels and ventilating only when necessary, reducing energy use.

Seven hundred twenty degrees is a platform for monitoring indoor air quality and other characteristics of the interior environment in public, residential, and commercial buildings. The programme has an analytics module and is interoperable with other building management systems.

Artveoli goes a step further by offering a method for purifying the air of excess carbon dioxide. The air panel, disguised as beautiful wall-mounted art, turns CO2 into oxygen and contributes to a healthy interior environment.

4. Smarter farming solutions

Smart farming, an umbrella phrase for an enormously wide variety of applications, is now a potential sector for eco-entrepreneurs. Agritech and green tech are inextricably linked, and the applications for leveraging IoT sustainable solutions span several elements of crop and agriculture production.

Growlink, for example, uses IoT monitoring to assist farmers in reducing their consumption of fertilisers and pesticides and reducing their environmental effects.

Aerofarms, on the other hand, takes an innovative strategy by offering indoor vertical farms, assisting in the fight against the world's most serious agriculture concerns such as water scarcity, expanding population, loss of arable land, and high pesticide usage.

5. Industrial IoT Sustainability Solutions

IoT sustainability solutions help organisations save money and regulate their assets and resources while being more environmentally friendly.

MAANA, for example, is a powerful IoT analytics suite that is primarily utilised by oil and gas firms to obtain insights into their asset management and procedures. The platform gathers data from all corporate silos to assist management in making educated decisions.

Quentic is an environmental management system that supports businesses in measuring and controlling their social, economic, and environmental impacts. You may then use the system's data for internal reasons and report to stakeholders and investors. The programme includes a wide range of modules for managing employee health and workplace safety, monitoring dangerous substances, sustainability, the environment, and regulating fundamental work processes, among other things.

6. Smart home software

If you're seeking green company ideas, you may provide consumer smart home solutions that allow people to manage their domestic environment, air quality, trash, and energy usage using a smartphone or tablet.

Embue, for example, is a firm that assists apartment dwellers in taking control of their energy use, monitoring the condition of apartment building infrastructures such as pipes and ventilation systems, and preventing leaks and damages.

Curb is another service that assists homeowners and occupants in establishing real-time circuit-level power monitoring, detecting faults, and controlling energy use.

7. Management suites for smart cities

Smart city solutions are also assisting metropolitan regions in becoming greener and more ecologically sustainable, from air pollution monitoring to traffic control.

Mobility and utility management are critical components of smart city infrastructure, such as metre data control systems, lighting control, public safety, garbage, and facilities management. Entrepreneurs may build up an eco-friendly firm to address their pain points.

WebNMS, a full suite for smart city management, is an example of such a system. The platform contains everything needed to power modern smart cities, optimise energy consumption, monitor assets, and control other aspects of an urban ecosystem. The solution is also appropriate for businesses.

8. Solutions for "green" mobility

It's no secret that private automobiles and public transportation contribute to air pollution in most metropolitan areas. Green firms, on the other hand, are already addressing this issue by providing alternatives.

Citymapper, for example, is a mobile urban mobility software and car-sharing business that uses IoT connections. It assists urban communities in reducing hazardous emissions and improving air quality by optimising traffic utilisation.

Facedrive is another mobility software with a slightly different concept: users may select the sort of car they wish to drive. For example, if customers choose a greener, hybrid variety, the app notifies them of their decision's good impact.

GreenMobility takes a step further; it is a 100%electric car-sharing service that utilises Renault Zoe and Renault Kangoo vehicles and assists individuals in navigating the city in an environmentally beneficial manner.

9. Waste reduction and management software

Waste management is a large green sector business segment that eco-entrepreneurs and IoT firms may effectively enter.

Enevo, for example, is a smart waste management platform that monitors garbage creation using sensors and provides waste collection and management solutions. The device is suitable for municipalities and businesses, restaurants, commercial real estate, and individual houses.

Final Thoughts

IoT is a philosophical notion rather than a scientific phrase with a defined structure in the corporate world. However, it brought together several digital disciplines that had previously only been useful to us singly.

The green-tech industry is also increasing, with a CAGR of 26.6% expected to reach $36.6 billion by 2025. With global sustainability solutions in high demand, starting a green firm offers a lot of commercial possibilities.

Bringing your concept to life, on the other hand, would necessitate the involvement of a professional development team with extensive experience in IoT development. By collaborating with a reputable development firm, you will be able to complete all hardware and software development stages and launch an eco-friendly tech solution that will positively influence the environment.