Generally accepted research indicates that companies can decrease their energy consumption by up to 27 percent by applying several techniques, including decision support, managing demand and operational efficiency. Given that typical companies spend on average between 7 and 12 percent of their annual budgets on energy, a focus on reducing energy consumption can have significant bottom-line impact. Additionally, energy costs have generally been rising and there are no indications that this trend will change, potentially putting companies at a competitive disadvantage.
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While there is a growing awareness that this is a problem to be solved, most businesses struggle with how to deal with this energy cost situation, not being sure of what specific actions should be taken to address it.
As with any worthy business problem that is large and complex, it’s important to gather information before taking costly actions so that you can focus actions on the most fruitful areas. But where do you get the information? Analyzing delayed information of a Utility bill is cumbersome and does not provide a rich understanding of how energy is spent and how it could be optimized. |
This is where “energy intelligence”, literally a business intelligence approach applied to energy use within a company, comes into play. An energy intelligence system can integrate data from islands of energy usage information (building management systems, building and equipment sensors, utilities, etc.) and combine it with other operational data from your enterprise applications (supply chain, manufacturing, HR, finance, customer relationship management, asset management, etc.) to provide visibility to trends in usage, costs and efficiencies – across all locations, sub-locations, and building systems. By bringing this information together in one place and providing BI capabilities – trending graphs, dashboards, near real-time monitors, exception alerts, location-comparison reports and detailed analysis capabilities – an Energy Intelligence system can help company leaders understand where efficiencies are and help them make informed decisions about what actions will provide the most return. |
Built on a combination of BI technology, Business Performance Management techniques and expertise in Energy Management, Methys has built a unique and cost effective value proposition that enables companies to understand and address their energy pains. Our platform integrates with any Meter Data Collection infrastructure.
Our solution provides the visibility your company needs to identify ways you can make significant energy-related cost reductions. By looking at this information over time, our solution can also help show which improvements are actually providing the intended benefits, and measure the return of such investments.
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