The document discusses how using IOT-based electrical safety monitoring systems can help minimize the risk of electrical fires by continuously monitoring electrical parameters according to industry standards, automatically analyzing the root cause of faults using AI, and enabling remote monitoring and alerts from a command center to provide early warning and recommendations for correcting issues. It provides examples of how such a system was able to avert a fire at a site by identifying a faulty wire and how automated analysis can help identify unrecognized threats and prevent faults by recommending proper equipment usage.