Earlier in the year, I had the pleasure of speaking at CeBIT Australia 2018, APAC’s largest & longest running B2B technology exhibition & conference – where I spoke about the ways in which IoT technology is now driving a new era of Waste Management. The Intelligent Waste Series 2 is a 4-part series that looks at the concept of IoT-enabled ‘smart’ waste management and explores ideas that I shared with the CeBIT audience earlier in the year. I hope you enjoy the read…
Missed Chapter 3? https://www.linkedin.com/pulse/intelligent-waste-series-2-how-iot-driving-new-era-management-hayes-1d/
Chapter 4 – Is Waste Management the Trojan Horse in Smart Cities?
It is my personal belief that Waste Management is the Trojan Horse in Smart Cities.
And it is the enablement of Smart Waste Management powered by IOT that is the entry level, grass roots foundation that Smarter Cities can grow from. If we don’t manage our waste, as Sir Ed said, how can be build a city of political security, prosperity, order, and peace.” Many Smart City projects are invasive, navigate long approval process and often have long term ROI’s. Whilst bins, they are on every corner, in every park, of every street, of every city, globally.
Waste management is the grass roots, pavement pounding, coal face of integration of IOT into the Smarter Cities of Today. The integration of chips, sensors, data is providing real time capability to improve business practices.
What if we could keep track of wasted food volumes in supermarkets and restaurants? Would restaurateurs be more incentivised when then know exactly how much waste they are generating and how this effects their bottom line? Imagine if we could track waste containers and high land contaminant containers such as insecticide containers or paint tins in a waste ledger or waste blockchain tracking it from manufacture, to purchase, to use to disposal and provide credits to the customer for correct disposal for their next purchase. All of this is available through Waste IOT.
Imagine if long term, high cost waste contracts could become a thing of the past. Imagine if a businesses waste container communicated the location, volume, fill level, waste type and contamination percentage to a passing by waste truck who accepted the waste collection job on demand.This would change everything.
The smart waste management market is projected to grow from just over a billion US dollars this year to 2.3 billion by 2021, at a Compound Annual Growth Rate of 16.9% This increase is due to the number of smart city initiatives and strict regulations imposed by regulating bodies for environment protection and waste disposal. Australian companies have led the way in the development of these waste management IOT technologies with the build of sensors, platforms, navigational systems and communications integration being done right here in Sydney, and other leading cities of the country.
The Internet of Bins opens new possibilities for interconnecting the community, bins, vehicles and waste companies to provide customised and optimised collection services with minimum cost.
Add to this the evolution of electric driverless collection vehicles and you can imagine the future with a very positive approach. The Fourth Industrial Revolution is already reshaping the waste industry…Right now, we don’t have enough people working on this. We don’t have enough solutions. But over time we will not only see the rise of the internet of things, but in my case and more eloquently, the Internet of Bins.
Our world can’t afford to not make a change. Let’s help every waste team, everywhere become more efficient.
I hope you have enjoyed the final instalment from Intelligent Waste Series 2, look out for more publications coming soon. As always, if my team, including or I can assist with any of your waste management needs please do not hesitate to reach out on 1330 893 610 or 0408 060 827 or [email protected]