The Energy Blog

Investing in Data Management Application? Have you considered these 3 points?

Greetings!

Over the last few months we have seen organisations investing or deciding to invest in suite of web and mobile applications to manage data and automate part of reporting process when it comes for scaled #EnergyEfficiency or #CleanerProduction focused programmes.  3 things that one must consider before deciding in selecting the right vendor:

1. Thought Leadership

Use of #AI or simply put series of logics to automate certain processes is evolving, there is a lot of noise when it comes to people talking about it. One must decide to work with partners that have worked on similar applications before and have had the habit of innovating in the domain.

2. It’s not about IT

Developing an application or designing a form is not the important part. What the system does and how it helps is important? Some of the potential benefits that must come from such a system is reduced project management costs, standardisation etc? So if your vendor has not delivered it before there are chances that it they might fall short again.

3. Business Model Innovation

Such applications have to evolve every day so that they can last for 4-5 years, hence it is important to consider innovative business models before embarking on the “product” development. Vendor with core interest in such applications is best suited as against to a conventional “Developer”

EnergyTech Ventures is an emerging company that has the largest portfolio in the #DataHub Space with it’s application in the #EnergyEfficiency and #CleanerProduction programmes being used by 100+ factories in 6+ countries. We have helped organisations reduce the operation costs by around 30% when it comes to data crunching, validation and reporting.

To know more about our work please visit us at www.entechventures.com 

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

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

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

Over Obsession with “Savings” will cost your organization dearly! #EnergyAnalytics #EnergyEfficiency

Over obsession with “Savings” starts to cost organisations dearly, anything that does not straight away give X% savings isn’t looked at with interest, potentially ignoring the fundamental value addition it brings in sustaining #EnergyEfficiency or #EnergyProductivity improvement.

Without doubt Savings either in the form energy consumption or cost reduction or a combination, is something that drives decision making process when it comes #EnergyEffciency investments.

To be frank we cannot blame industries entirely for it, i mean that is the way most of products, solutions around #EnergyEfficiency have been sold to them. People have spoken about #ROI, #Payback etc, seldom people talk about aspects like Performance Management, Automated M&V, Automated Reporting & Scientific Budgeting, aspects that have greater impact on organisational and cultural change when it comes to #EnergyEfficiency #EnergyProductivity management.

Some of the forward looking organisations have realized that having a myopic view on ways to improve #EnergyEfficiency #EnergyProductivity will cost them dearly in the longer run. They are looking at driving changes that have a long term vision and an integrated strategy, they are not looking at executing things in isolation. That is going to be the differentiator.

Your thoughts?

Umesh Bhutoria