Toronto Electricians and Electrical Contractors

There’s a renewable revolution under way. Driven by the rapidly falling price of utility-scale wind and solar power, companies are committing to and procuring clean energy in ever increasing numbers.   Demand is high in the cloud-service,  colocation , and data center space where cost and reliability of energy supply are key considerations. These companies are also facing increasing pressure from their customers, who themselves are seeking cleaner, greener real estate. With the likes of  Equinix ,  Digital Realty , and  Iron Mountain  leading the way, the choices for corporate renewable energy have never been better. Here are the top three ways that cloud-service and colocation providers can take advantage of this dynamic global market. Offsite Power Purchase Agreements Offsite power purchase agreements (PPAs) have been a game-changer when it comes to large-scale, long-term procurement of renewable energy.  Under a PPA , companies contract for po...

Original article promoted on  CNBC April 2019. Smart factories could add up to $1.5 trillion to the economy Whether you call it Industry 4.0, the Industrial Internet of Things (IIoT), or  Smart Manufacturing , the power of technology is being felt throughout the industrial world and fundamentally changing value chains and production methods. Indeed, so great is the change that Capgemini’s Digital Transformation Institute predicts that smart factories could add as much as $1.5 trillion to the overall output of the industrial sector in the next five years. This is because of the turbo-charge effect of smart technology, which is enabling factories to produce more while lowering costs. According to Capgemini, some industries may almost double their operating profit and margin. What does smart mean? The National Institute of Standards and Technology (NIST) defines this new landscape as “fully-integrated, collaborative manufacturing systems that respond in real time to meet cha...