The emergence of the Internet of Things has created new opportunities for organizations to leverage technology to optimize efficiency and improve sustainability. Experts forecast that nearly 50 billion devices will become Internet-enabled and produce data in the next several years. This data can be collected and translated into actionable information that can help organizations and businesses make smarter, more sustainable decisions, particularly in the areas of energy and smart buildings. IoT can help predict and control energy usage, and manage distributed energy based on real-time data. This in turn lowers costs, reduces environmental impact and improves the reliability of supply – especially important as more renewable energy comes onto the grid. Commercial buildings consume an estimated 40 percent of the world’s total energy, and IoT represents a huge opportunity to lower energy costs, improve efficiency and optimize the maintenance and performance of assets. An IOT-enabled energy management system can control energy so only the exact amount is needed at the time, helping to conserve energy. For example, at Microsoft, we collect 500 million data transactions every 24 hours, and have used this data to achieve a forecasted energy savings of 6 – 10 percent a year.