Why is it that many C&I energy or facility managers who want to find simple answers from their data seemingly can’t? Across commercial and industrial sites, facility and utility data simply hasn’t been optimized to enable Watson- or Siri-styled queries. Where are the resources enabling facility managers to quickly find an optimized energy efficiency budget or calculate energy use per square foot?
If you were to ask “Hey Siri, How long to gethome?,” a cell phonecan give you that answer in that ubiquitouslydulcettone: “Traffic to home is heavy, so I’m estimating an hourvia 95 North.”The exchange takes maybe 10 seconds on a bad day.
It’s a seemingly simple question, but to answer it, a vast assortment of technology is engaged, leveraging searches across disparate data sources: map data comparing all possible routes, highway data disclosingspeed limits on each identified route; traffic data (through amish-mash of Caltrans and Waze alerts) displaying areas of congestion due to accidents or constructionalerts. Siri’s search protocols marshal all this data and can providea useful and actionable answer in a pinch.
The Energy space has become markedly more complex over the past two decades.With the demands of users evolving and grid dynamics changing in our highly competitive market andbills take into account more data than our grandparents ever saw. Their statements were simpler, with fewer line items and costs remaining nearly constant over anygiven billing cycle. Today, some statementscontain pages of information phrased in such a way that it all feels like you’d need to have a Ph.D. to decipherit.
The headache only gets worse for site managerswith multiple locationsserved bydifferentutilities. Add to that retail energy suppliers with their own charges compared to rates from third party solar farm options. And then throw in the heating and cooling dynamics of different building types -- each having its own tariffs, terminologies, meter read cycles and billingformats. Those responsible for understanding energy costs and trying to find opportunities to optimize or enable efficiency findeach incoming bill to be its own data nightmare.
It’s almost impossible toboth assemble the necessaryand available data to then process it into the usableinsightscompanies need to make informed Energy decisions.
There is a lack of targeted resources for solving this chaotic mess of data.Although the energy spend for most C&I customers is their third highest cost, many energy managers face growing pressure to do more with less.Some try to build or re-purpose existing systems to meet their need, but find themselves facing the same onslaught of information to puzzle-out each quarterly statement.It’s a heavy lift with manyspendingsignificant amounts of time, effort, and stresswith little to show for it.
We may not have access to those coveted 10-second answers just yet, but Watson- and Siri-styled artificial intelligence (AI) is already being successfully applied in some sectors of the Energy economy. Why not leverage such AI technologiesfor the C&I customer?
What has been missing to date is an integrated solution with all energy data being managed via a single, comprehensive, and integrated intelligence platformtailored for the end-consumer.
Much like IBM’s Watson, such a platform would do all the heavy lifting, be easy to interact with, and enable users to address energy data complexity by performing a number of tasks:
A holistic approach to managing energy data is both necessary and achievable. It’s time to stop settling for that inevitable migraine of staring at each billing statement and tackle the issue ofenergy management head on. With the rapid deployment of new iterations of artificial intelligence and machine learning, we can get a glimpse of what the optimal solution for energy data management looks like.
Customers – from hotel chains to communications companies to retailers - are finally beginning to reap the benefits as they migrate to the other side of the AI digital divide. The lessons gleaned from other highly digitalized industries can be the cornerstone for building the expectations for what solutions are possible for facility managers. In the near future, C&I managers should expect to enjoy a full suite of easy-to-use toolsthat can solve problems and quickly answer complex questions, just as Siri confidently and effortlessly directs you on your way home.
© 2019 THE TECHNOLOGY HEADLINES. ALL RIGHTS RESERVED.