The UK energy sector currently wastes 54 percent of all the energy it produces, according to the Association for Decentralised Energy. Couple this with an increasing need to use renewable energy and a growing demand – the Institution of Mechanical Engineers predicts UK energy demand could outstrip supply within just a decade – and you have an industry in crisis.

Unlike the more modern renewable energy sector, where wind turbines are installed with sensors from day one, the rest of the sector is struggling to harness data from their assets, creating huge inefficiencies that lead to high levels of wastage.

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