Six Steps to Achieve Enterprise Energy Intelligence

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Investing

Step 6: Invest in a formal energy management solution.

Hand in glove with dashboards, energy management platforms provide executives and staff with the insight and controls to truly optimize processes and further reduce energy usage. Not only do these systems help executives bridge the gap between day-to-day tactical operations and strategic business goals, but they provide an additional layer of analytics allowing companies to significantly reduce energy usage while improving operational performance. A critical aspect of this strategy – just like other IT systems and investments – is to ensure interoperability between the energy management platform of choice and other business systems.

Once organizations commit to a formal energy management system, it is important to supplement this system with additional tools to maximize optimization and efficiency. Companies that complement their energy management system with dashboards, alerts and additional reporting tools are able to derive powerful insight to energy usage across their enterprise resulting in massive savings and efficiencies.

Energy intelligence has historically been hard to quantify or employ due to the data collection challenge in the built environment. However, with the commoditization of sensors, controls, and wireless connectivity — part of the Internet of Things — the opportunity to apply these technologies to energy management initiatives is here. With rising energy costs and sustainability reporting pressures, it is more important than ever to understand an organization’s energy use and patterns as a foundation for reducing costs, maintaining gross margins, and reporting on key performance indicators.

What is energy intelligence? It is a comprehensive framework for gathering knowledge about enterprise-wide energy and using it for strategic advantage. It requires a combination of a committed workforce, key processes, and technology. It is based on access to energy-focused operational information that can be used to understand broad operational patterns and inform actions. The good news? Rapid technology advances – often embedded in next-generation versions of traditional systems — are instrumenting the built environment — and creating new opportunities to aggregate, analyze, and act on this new data set.

Implementing an effective energy intelligence program involves multiple steps, processes, and measures. However, the payoff is well worth it as insight into energy data allows executives to make well-informed decisions based upon in-depth operating knowledge. Companies eager to become more effective in their energy initiatives should consider the following strategies identified by Aaron Kless, director of application engineering, Digital Lumens.

 

Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

 
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