How Robotics & IoT Help Sustain Triple Bottom Line
This article was originally featured on The Robot Report.
Sustainability in business has become a popular topic as companies increasingly recognize the need to have a firm grip on their triple bottom line – financial, social and environmental. Financial, social and environmental risks and opportunities abound in business, but creating an operations model that speaks directly to aspects of profits, people, and planet is not always easily attained.
However, many businesses have found that technology can be utilized to support sustainability initiatives, and that robotics and Internet of Things (IoT) technologies are particularly promising.
Connecting High Tech to Sustainability
When most think of sustainability in business, the concept of green processes is not always top of mind. However, incorporating technology, and more specifically robotics and cloud connected devices, creates a secondary sustainability effect that is markedly more streamlined, and therefore ‘greener’ than legacy processes.