Tag Archives: Data

Is #Data, Debt for your organisation? #EnergyAnalytics #EnergyProductivity

Couple of days back I recored my latest Podcast, which kind of touched upon the idea of having  definite #EnergyDataAnalytics (Data Analytics in general too) strategy which can lead to transformational change in the way an organisations wants to improve #EnergyProductivity.

This post is really about  questioning (reasoning) the current myths/practices that most organisations have in relation to their data strategy (Being from Energy Productivity space, ill focus around it)

  1. Been there, done that- Most organisations and Energy Managers in particular would certainly like to reason that they are doing enough with their data assets but thats not entirely true. Having an Energy Monitoring System (EMS) or an Energy Management Systems (EnMS) is one thing and having a definite #Energy data strategy is another thing.

    To be fair the ones who have the most successful or even evolving strategy, are the ones who would have tagged it along the overall digital transformation goals of the organisation.

  2. Can see it on my dashboard– Well the world has move much beyond dashboards, it’s time to move from real time data to onetime insights and call to actions. Significant amount of productive time (money as well) is lost in trying to interpret data points.

    Have an integrated system using #AI (algorithms for specific use case to mine data and generate specific insights) that enables your teams (energy managers, production managers) to collaborate better on insights and call to actions.

  3. Need investments to get started– If an organisation is really at the bottom of pyramid when it comes to the data landscape, its absolutely certain that investments would be required to get started with data acquisition etc.

    Idea is to maximise to whatever extent possible, overall value creation one could do from existing data assets. Being able to demonstrate a couple of PoCs (Proof of Concepts) or being able to solve even a few problem statements (getting close as well), can go a long way in influencing management to take decisions on #EDA strategy investments.

Your thoughts?

Best Regards,

Umesh Bhutoria.

 

 

How can governments do more with (tons of) Industrial #EnergyEfficiency related Data?

Earlier this month we hosted India’s first Energy Data Analytics Summit in Delhi, where one of the discussions led to some people asking “What can governments do with (tons of) Industrial #EnergyEfficiency related Data?

This question to me has a lot of significance. Just as the way all Governments use Health, Economy, Inflation, Education related data for greater good (social and economical), why treat Industrial #EnergyEfficiency related data differently? While one may argue that there is no precedence, but given the age in which we are living, we are seeing use cases evolve every day.

In this blog i intend to initiate dialogue on two of the use cases for greater use of Industrial #EnergyEfficiency related data and who stands to gain and how?

  • Bench-marking

Hard to believe that most industries/sectors do not yet have correct bench-marking methodology/tools available.¬† I am using the term “tool” here because industrial processes have a lot of variables and hence one cannot have a “number”, but there is no excuse to have not been able to develop a “tool” yet.

Will the government make the tool? NO. But they can open up the data for other solution/service providers, let them develop applications on it. Innovation can foster.

Contrary to what many believe “opening up data” doesn’t mean that anonymity can’t be maintained, there is no need to share raw data, connected insights/indicators could do a lot of good straight away. Mix of qualitative and quantitative data (derived output from raw data) allows enough room for innovation.

  • Investment Trend & Success

Fact that many governments have been collecting data on Industrial #EnergyEfficiency for over a couple of decades, allows them to keep track of investment trends, returns being yielded, % increase in efficiency YoY, which sector does well and which is lagging etc?

Governance can be simplified drastically if data is put to use. Its happening everywhere, there is no reason why Industrial #EnergyEfficiency has to be ignored. Designing Industrial #EnergyEfficiency policy w/o data points is not worth it.

Some of the other use cases could be:

  • AI driven assistance in Measurement & Verification (Example: PAT Scheme in India currently relies on 100% human driven verification process)
  • Predicting performance, forecasting demand supply situations instruments linked to Energy Efficiency Projects ( White Certificates/ Energy Saving Certificates/ ESCerts (PAT Scheme))

What’s your take on this? Would love to hear from you on “How your Government could do more with Industrial #EnergyEfficiency related Data?”

Regards,

Umesh

 

Micro Services in #IoT #EnergyAnalytics

Greetings of the day!

A year back i saw a video of Steve Singh, he was talking on the context of "micro-services" and how large technology companies want to leverage that to have more customers and more importantly more revenue/customer.

That's when we started to work on our Energy Efficiency Micro-Services Hub (releasing on 8th September, 2017 on the sidelines of #EDASummit17). We open up our existing IPs (via APIs) as we continue to focus on developing more such IPs.

Interestingly our first #B2B engagement based​ (Cement Sector) on #API pricing has got a green signal. Our efforts of enabling more value creation in the #IoT ecosystem gets a boost and encourages us to continue to take our top of the value chain approach.

I look forward to seeing you at #EDASummit17 and having an engaging discussion. Visit www.haveyouAIRed.com for more details/registration.

Best Regards,

Umesh Bhutoria

Cloud Platforms- End of the road for Startups or time to reinvent?

Greetings from Kuala Lumpur! 

While exploring Agro processing industries, and looking for Vegetarian food I’ve managed take sometime out for my next podcast. It’s going to be short one but perhaps quite relevant!

Recently we have seen a flurry of announcements from large corporations on release of scale-able cloud platforms around which IoT based solutions can be driven. 

This podcast covers my views on how startups can best respond to this and perhaps take advantage to add more value!

What’s your take?
Regards, 

Umesh Bhutoria