Sustainability: Powering smart buildings with IoT

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Energy-efficient technologies are seen as low-hanging fruit for businesses to achieve digital transformation and be more sustainable. This is enabled by advances in technology and innovative solutions offered by service providers.

For instance, UOB Malaysia launched a financing programme called U-Energy last December to connect businesses and homeowners with energy service companies that provide renewable energy, energy-efficient or power management systems, among others. Building owners can opt for an “energy-as-a-service” model and pay no upfront costs while homeowners can take up a 0% interest instalment plan.

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