Energy management in the industrial and commercial sectors has seen a consistent adoption of technology that measures and monitors electricity, gas and water consumption. These devices create banks of data that tend to be largely underused but have the potential to create a variety of opportunities for the businesses.
The bringing into focus of data analytics to support an energy management strategy can render immediate financial benefits through energy waste management and carbon reduction.
Some of the advantages of adopting data analytics include increasing operational efficiency, both of installed devices and workforce. It also creates an opportunity to improve maintenance strategies and reduce unnecessary maintenance calls. Monitoring data has the potential to detect malfunctions early when combined with other analytics methods.
Good data will underpin any Net Zero strategy which will drive positive colleague relations and investor confidence. A strong data management strategy will also support with upcoming reporting requirements such as Streamlined Energy and the Task Force on Climate-Related Financial Disclosures (TCFD).
Coopertec are supporting organisations on this journey. Through an operations review and data assessment, our analytics support team in India can offer a competitive approach to mapping direct energy savings opportunities, keeping your data healthy and create a long-term plan for a best in class data analytics strategy.
