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No business can afford to waste money. Each one is held accountable for how it spends financial resources. Enterprise-level companies in particular are under constant pressure to lower total cost of ownership (TCO) of assets and justify investments in the context of Cost, Profitability, Productivity, and Sustainability.
Improved energy efficiency is by far the single largest unleashed opportunity to reduce TCO across the enterprise. For example:
- In industry, energy savings can be harnessed through efficiencies in batch processing, HVAC, refrigeration, lighting etc.
- Smart transportation solutions and energy-efficient logistics management can greatly reduce costs of supply chain operations.
- Buildings and data centers are huge guzzlers of energy. Energy-efficient solutions can not only reduce operating costs but equally importantly carbon emissions.
- Substation automation allows electric utilities to operate more cost-effectively while improving power quality and reliability.
Companies invest in energy management systems, power monitoring & control applications, smart meters, SCADA, building management systems, process automation, and a host of cloud-based SaaS solutions. But are they able to measure the impact of these solutions and thereupon justify their investments?
All these devices and systems contribute to improved efficiency by collecting data about energy use across the enterprise. The principle “you can’t manage what you can’t measure” holds good for energy management. However, vast volumes of data collected by these digital devices and systems can make it hard to know where you stand. In an enterprise-level company, with data from so many sources, it may look you have a ton of information but not an ounce of knowledge. That makes it difficult to quantify return on investment in energy efficiency solutions.
That’s why you need to turn all this data into actionable intelligence.
PowerLogic ION EEM, Schneider Electric’s enterprise-level energy management software, enables a company to visualize, analyze, and act upon energy data. The sophisticated system warehouses data on a single platform, and personalized dashboards help perform enhanced energy analysis, energy modeling, trend analysis, and benchmarking. You can accurately monitor, validate, predict, and ultimately control all energy-related costs and risks.
Enterprises differ from other types of companies in respect of integration and unification of objectives, systems, financial resources, and metrics across multiple operations and geographies.
What distinguishes PowerLogic ION EEM from other energy management software is integration and unification of business and energy strategies across the entire enterprise. It gives you tools to interpret data so you can make informed decisions at every stage of the energy management lifecycle.
Watch the video: ION Enterprise on YouTube
For more information, please visit: Enterprise Energy Management
Conversation
Dean
11 years ago
Interesting post! Overall, once an organisation has invested in a energy management system, an audit of the system is imperative. For what reason? The reason being is to see analyse where your investment is saving you money and the energy you collated. Additionally, an audit of some sort can increasingly help organisations see if they are abiding by regulatory compliance and certifications. If they are not complied by, your investment may just be penalised by professional bodies.