July 2023 | | 9Access to constant, reliable solar-generated power helps consumers with smart home devices proactively manage the energy demands in their homeTo accurately predict and manage energy usage, the importance of statistical modeling and inference over ever-larger datasets continues to increase. Leveraging data to drive business strategies becomes more economical as cloud providers improve the abstraction level at which their machine-learning tooling operates. Just five years ago, it would have been nearly impossible to build complex, enhanced forecasts without a large team. Additionally, the IoT sector has gained a fair amount of domain-specific tooling over the last 10 years. The infrastructure of most of the major cloud providers is now tying high-volume network endpoints to standard stream processing and archival tools. This is making it feasible for businesses to start collecting information from huge numbers of in-the-field devices with relatively meager up-front planning and costs. As a result of these technological advancements, businesses are able to focus on innovation to expand their products with smaller, more nimble teams. Technology continues to influence how individuals manage all aspects of their homes. The use of open Matter protocols will enable devices from any manufacturer to talk to home automation systems--from multiple vendors without having to write specific integrations for each one--and has features to improve the ease of adopting new devices into your system. Once devices are interconnected, advanced synergies are possible. The Value of Personal PowerWhat do data streaming and aggregation technology have to do with solar energy? In a word, everything. When it comes to powering an interconnected home that relies on advanced technologies to function, the reliability, access, and sustainability of the power used become increasingly important. Solar power, smart devices, technology, and data all work together to create personalized, accurate energy predictions and usage reports, which can then be leveraged to maximize savings by using the most cost-effective power source. Charging electric cars with the most cost-effective power source available is an emerging market trend, where electric vehicle chargers are connected to the inverters and batteries from a solar-powered system. Using technology to determine the most cost-effective way to power other high-draw appliances such as climate systems, water heaters, pools, and hot tubs, will increase the value of solar power systems to support a wide variety of chargers, inverters, and battery combinations. It's simple, technology has the power to disrupt nearly every industry, providing more accessibility and affordability with each passing day. When it comes to electricity and the expensive and complex grid system, the newest technologies seem to fall flat, except for when it comes to solar.Solar power combined with the latest tech (the cloud network, IoT sector, smart homes) has the power to change the electricity industry. Using clean power sources to support the smart technologies in elevating the entire home experience empowers the consumer to generate, store, and manage their own energy in a personalized, sustainable, and affordable way.
< Page 8 | Page 10 >