Machine-2-Machine communication along with data analytics is helping the energy sector to drive efficiency as well as cut down on costs. Increasing demand for energy, as well as privatization of this sector, has fueled the competition and now consumers have a number of choices to meet their energy needs. Internet of Things is helping utility providers and manufacturers to take advantage of information coming through different sources. This market is expected to grow at a CAGR of 41% for the period 2014-2019.
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