Digital transformation as an ally in energy and utilities management

Submitted by Carina Lima on Wed, 11/08/2017 - 13:12
digital_transformation

Technology continues to transform many aspects of our lives, from simple daily tasks to profound changes in business and global markets. The area of energy and utilities management is no different, and in this context companies in the lead in digitizing their processes can improve their work routine and even their competitive potential.

The gains that digital transformation can bring to companies are numerous, but below we list the three main benefits that will make your business more efficient.

 

Team Productivity

In the past, written correspondence was the only way to communicate with people who were distant, and this process could take months to complete. Technological evolution was fundamental to shortening distances and communication time, and today this is so natural that it is hard to imagine what it was like to live that way.

The same thing happens when we focus our attention on energy and utilities management teams. Many companies still use resources that are not suited to assisting teams in performing their work efficiently. One example is the use of spreadsheets to manage energy inputs. Teams spend a great deal of time searching for and cross-referencing information in the various spreadsheets, which slows the process and makes it more susceptible to mistakes.

Systems that are concentrators of information, data lakes, allow access to information and insights that were not previously possible due to the complexity of the intersection of data. In addition, they do all of this instantly and with a high level of reliability, allowing teams to focus their efforts in more strategic areas without losing time with operational issues.

 

Improving management

Imagine managing a wide variety of processes, with innumerable variables, in different units, and all occurring simultaneously. Not to mention the responsibility in planning the future energy needs of the entire company. This challenge is the routine work of energy and utilities managers, and is only a portion of the tasks that they must concern themselves with. The job is not an easy task, but managers can rely on technology to help them meet all requirements with excellence.

Systems dedicated to energy and utilities management are tools that help managers get to know their processes well while focusing on energy demands. These systems allow the performance of equipment and teams to be known, identify opportunities for improvement, and are capable of simulating scenarios with regard to energy consumption, managing contracts and invoices, and optimizing planning and energy-costing processes. In this way the vision of management is complemented by information about the factory floor and vice versa, which makes it possible to manage in an integrated manner, knowing all the variables of the processes.

 

Cost reduction

The waste of energy and the lack of efficiency is a problem faced by many companies in a wide variety of segments, but this doesn't have to be the case, and more than one technology can be the solution to this critical problem. The reduction of energy consumption, in addition to being a great gain for the environment, is also an excellent initiative to reduce costs.

Real-time monitoring systems allow managers to identify problems quickly and correct them rapidly. These systems send alerts to the persons responsible, taking into account historical data and process modeling. This happens in the case of leaks, improperly connected equipment, and even equipment inefficiencies.

 

Make digital transformation an ally of your company too

Although digitization of energy and utilities management is not yet the reality in all companies, this process is here to stay and only brings benefits to those who employ the technology to assist and improve processes.

Using appropriate systems for helping energy and utilities management teams it is possible to use the data in a more strategic way, maintain a real-time vision of the company at both a macro and micro level, and even maintain a preventative management posture.

The digitization of processes is one of the 3 tendencies for the energy and utilities sector. Would you like to know about the other two? Click here and access the entire article.

Marketing Coordinator, Viridis Energy

Marketing Coordinator at Viridis, holds undergraduate degree in Event Management and a graduate degree in Marketing and Communications, certified in Inbound Marketing by Hubspot, with great experience in digital marketing, corporate event production, content marketing, copywriting, planning, and SaaS sales.

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