IoT and AI Transforming the Energy and Utilities Industry as These ASX Players Take Action

March 13, 2025 11:00 AM AEDT | By Team Kalkine Media

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IoT and AI Transforming the Energy and Utilities Industry as These ASX Players Take Action — Image source: shutterstock

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Highlights:

IoT technology is reshaping essential industries, particularly in utilities, through smart connectivity and automation.

Companies like Simble Solutions and EP&T Global are advancing energy efficiency and carbon management with innovative platforms.

X2M Connect is driving advancements in smart cities and renewable energy through AI-driven solutions across multiple regions.

The integration of Internet of Things (IoT) technology continues to influence industries, particularly in utilities, where companies are modernizing essential services such as water, gas, and electricity. This trend is driving widespread adoption of smart technologies, improving efficiency and sustainability in various markets.

Industry Leaders in IoT Solutions

Several organizations listed on the Australian Securities Exchange are making significant advancements in IoT-powered utilities. Simble Solutions (ASX:SIS) has introduced platforms such as CarbonView and SimbleSense, designed to help businesses track emissions and optimize energy consumption. These tools have gained traction among major energy providers, with widespread implementation across commercial and residential sectors.

EP&T Global has developed EDGE, a smart platform that enhances energy efficiency in commercial buildings. This technology aids businesses in reducing energy usage and emissions, contributing to sustainability goals. With an extensive portfolio spanning multiple countries, EP&T’s (ASX:EPX) platform supports large-scale operations in reducing environmental impact.

X2M Connect (ASX:X2M) is focused on automating utility services by incorporating AI and smart technology into metering and monitoring solutions. The company operates across regions such as South Korea, Japan, and Taiwan, where its systems are improving data accuracy and operational efficiency. The integration of AI allows for automated readings and predictive insights, benefiting both service providers and consumers.

Expanding into Renewable Energy and Smart Cities

As IoT technology evolves, companies are broadening their focus to include renewable energy and smart city initiatives. X2M Connect has introduced Hive AI, a platform developed in collaboration with Sirius Digitech, aimed at enhancing renewable energy efficiency. This AI-driven system provides predictive analytics to optimize solar energy production based on environmental conditions.

With global efforts to digitize energy infrastructure, companies implementing IoT solutions are playing a crucial role in advancing automation and sustainability. By leveraging data management and AI-driven insights, these technologies continue to drive innovation across essential services.

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