Updating Business Models by Creating an Intelligent, Centralized and Pollution Free Ecosystem
In
today’s world, there is a growing concern about climate change and environmental
issues, due to the pollution caused by different power sectors. For this reason,
and more, Energy and Utilities Solutions provide
the required support to Power, Water and Waste Management Industries to
maintain a green business infrastructure.
The need
for Energy and Utilities Solutions:
With
the ever-increasing technological
advancement, we have ignored one thing for long time — which is pollution. One
of the main purposes of Energy and Utilities solutions is to help companies
restrict this damage without hampering the technological growth.
As there is a demand for energy-efficient
products among customers, along with the introduction of renewable and
distributed resource materials and smart technologies, Energy and Utilities Solutions
have been able to significantly decrease air and water pollution.
The focus is on increasing the operational efficiency and
reliability. If a product starts losing performance due to ageing, customers do not have to entirely
replace their existing technology, because Energy and Utilities Solutions have introduced
compatibility mechanisms where the old
technology just requires a simple upgrade.
Utility infrastructures are in a way intelligent,
interconnected and instrumented. They work collectively to solve client‘s problems.
The future is looking towards cleaner power generation, where Energy and Utilities Solutions have
already set a milestone with their benefits and innovations.
Work process in brief:
The
entire work process of the Energy and Utilities Solution
is broadly categorised into three
features:
●
Smart Instruments
This includes distributed
resources, substations and grid devices, in-house smart meters, etc...
●
Interconnected networking
This includes integrated
system management and computer frameworks, home-neighbourhood-office networks, backhaul
processes, etc…
●
Intelligent management systems
These include centralised
customer information systems, meter-based data management, geographic
information systems, etc...
Challenges that can be
solved by Energy and Utilities Solutions:
●
Cost-Efficiency:
As the technology is getting smarter, using the
interconnected framework and multiple processes can be monitored at a time.
This reduces costs by removing several intermediate stages.
●
Pollution-free System:
Using the concept of a smart
grid, energy is going to be decentralized and digitized, thus, carbon-related issues can be solved.
●
Knowledge Utilization:
With the development of machine learning, technologies can
update themselves as per requirements. With the interconnected
framework, the knowledge acquired can be captured and reused for the business benefit.
●
Informatics:
The information system is going toward a centralised process where updation and control over information can be
done easily from one place, which will help in avoiding unnecessary delays.
Services offered by Energy
and Utilities Solutions:
Several
sectors can benefit from the solutions such as, but are not limited to:
●
Industrial Automation and Operations Management
●
Fuel-retailing Business
●
Mobility Business
●
Asset/Product
Lifecycle Management
●
Enterprise Asset
Management
●
Business
Intelligence and Performance Management
●
Product Automation
and Product Design
By
integrating the business with Engineering processes, Energy and Utilities
Solutions have developed a partner-based ecosystem, where sectors can exchange
information easily and help each other grow. This revolutionary step has helped
in achieving agility and dynamism to the Industry through innovative and value-added solutions.
In
the next articles, features and advantages of related and complementary ERP
Systems and Solutions will be introduced including but are not limited to ERP
for Oil and Gas, ERP for Aviation, ERP for Automotive, ERP
for Engineering & Construction & Infrastructure, ERP for Asset
Intensive Industries, ERP system for Industrial & Manufacturing, ERP system
for Shipping & Maritime, ERP System for Retail & Commercial, ERP system
for Universities and Schools, ERP system for Hospitals and more.
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