SlideShare una empresa de Scribd logo
1 de 2
Descargar para leer sin conexión
www.wiproecoenergy.com
HARNESSING THE POWER OF BIG DATA –
A WIPRO ECOENERGY PERSPECTIVE
Big Data analytics is the buzzword in almost every business boulevard. It allows
energy managers to access, visualize and analyze the data they collect.
Organizations today understand the emerging importance of Big Data analytics in
driving business decisions across multi-site national accounts.
Raj Beniwal, Head of Retail Energy Management at Wipro EcoEnergy, talks about
how energy managers can harness the power of Big Data.
Excerpts of a discussion with the Edison Electric Institute:
What does Big Data mean to owners and operators?
Big Data is a very large set of data - structured or unstructured - that can be analyzed and correlated to reveal ways of solving
problems that were not very feasible earlier. Technology and increase in affordable computing power has accelerated
development of ways to harness Big Data in facilities, an area in general not as much thought of for using such technologies.
There are some obvious use cases while many are still emerging.
Up to
20%savings on energy costs,
and maintenance &
operations expenses
National accounts are characterized by large numbers of facilities - each store has tens of
thousands of devices that are capable of communicating. There are credible industry case
studies in which clients have saved up to 20% on energy costs and maintenance and
operations expenses across the portfolio by leveraging Big Data.
Big Data analytics is enabling not just energy consumption reduction but also wider
supply-side optimization, including demand management, energy procurement, and
tariff-based savings. The ability to deal with voluminous data will allow energy managers to
sample data more frequently and act in near real time.
Energy is just one of the areas where Big Data analytics and video analytics are being
leveraged to manage customer experiences in stores and restaurants, as well as to digitally
manage operations as significant business enablers.
How can mining and managing Big Data help national accounts
customers reduce their energy usage, as well as meet their expectations
for relevant information?
What types of data are we talking about?
Typically, utility data such as consumption, tariff, charges, demand and penalties. Other pieces of the puzzle are data around asset
operations, maintenance, service calls (including natural language records), granular asset performance data, interval
consumption data and weather feeds. We also include static data related to location, size and nature of facilities.
This has the potential to expand quickly to various other parts of the business operations, including operations of all in-store
assets, video analytics and wearable technologies for store associates. Much of this technology may not be just under IT
management but will have to be managed by the facilities organization as well.
ANALYZE. ACHIEVE. ACCELERATE
IND/BRD/AUG 2013-OCT 2014
What type of challenges do you see customers encounter when they embark
on a data-driven facilities management effort?
Today there is lot of buzz around data in facilities and we have believers, non-believers and observers. It is essential to get a
believer who can shape this initiative. There is, at times, very limited appetite for experiment and the facilities operators are
more comfortable dealing with the lower risk, conventional improvement methods. Getting started with in-house expertise
requires significant effort as it needs deep collaboration of cross-functional teams. It also requires strong senior stakeholder
support and some significant time and money. Also, legacy technology may not offer an easy path for data integration. IT and
security considerations, though solvable, require an initial push.
What are some of the ways for energy
managers to access, visualize, and analyze all of
the data that are collected?
This is an important topic as it is easy to get overwhelmed by the volume and
velocity of data. Visual analytics is a crucial component that enables energy
managers to identify and resolve energy challenges in new and effective ways.
Harnessing the power of Big Data calls for simplifying data access and usage by
company personnel who are not information technology or statistics savvy.
This requires the platform to have a model to link and correlate the
information, organize the data for faster access, define the key performance
indicators at various levels and then drill down through the visual interfaces. It
is important to have a bird’s-eye view as well as the ability to go to microscopic
levels. Wipro EcoEnergy has invested heavily in making the visualizations
intuitive and relevant to different stakeholders like the energy manager, chief
financial officer and head of overall store operations.
Wipro EcoEnergy is the energy services business division of Wipro Limited that provides intelligent, sustainable solutions for energy
consumption and management. Utilizing leading edge analytical tools we deliver energy-efficient solutions to our clients that help
reduce their carbon footprint, energy usage and recover avoidable energy losses.
Wipro EcoEnergy’s Managed Energy Services holistically address the entire spectrum of energy and sustainability, providing sustained
energy savings. Wipro EcoEnergy has created a strong local ecosystem of partners in North America, Europe and APAC, and has
deployed its Energy Management Services solution for a number of companies around the world. Our clients have realized substantial
energy savings and cost reduction during the course of their engagement with Wipro EcoEnergy.
For more information please visit www.wiproecoenergy.com or write to ecoenergy.info@wipro.com
About Wipro EcoEnergy
ANALYZE. ACHIEVE. ACCELERATE
IND/RB/SEPTEMBER2014-SEPTEMBER2015©WIPRO LIMITED 2015
What are the enabling and/or emerging technologies that are prompting
more Big Data discussions?
The Internet of Things (IoT) is the biggest reason we are seeing the increase in Big Data discussions. We will see Big Data even
more with the influx of new technologies that are able to connect to existing systems and devices and enable them to become
intelligent. As advances in technology make it possible to store and process large amounts of data, both new and existing devices
(sensors, meters, cameras, etc.) will be capable of providing and correlating data in unprecedented proportions. Clearly, the low
cost of computing power and the ability of these devices to talk to each other present unprecedented possibilities for how
businesses can benefit from Big Data - be it cost reduction, understanding trends or offering better store environments.

Más contenido relacionado

Más de Shreeja Sahadevan

Energy Efficiency Solutions in Retail by Wipro Ecoenergy
Energy Efficiency Solutions in Retail by Wipro EcoenergyEnergy Efficiency Solutions in Retail by Wipro Ecoenergy
Energy Efficiency Solutions in Retail by Wipro EcoenergyShreeja Sahadevan
 
A Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to ResultsA Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to ResultsShreeja Sahadevan
 
A Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to ResultsA Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to ResultsShreeja Sahadevan
 
A Big Data Approach to Energy Management in Retail
A Big Data Approach to Energy Management in RetailA Big Data Approach to Energy Management in Retail
A Big Data Approach to Energy Management in RetailShreeja Sahadevan
 
Efficiently Switch to Results in Restaurants
Efficiently Switch to Results in RestaurantsEfficiently Switch to Results in Restaurants
Efficiently Switch to Results in RestaurantsShreeja Sahadevan
 
New Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant Operations
New Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant OperationsNew Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant Operations
New Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant OperationsShreeja Sahadevan
 
Energy Efficiency in Hotels by Wipro Ecoenergy
Energy Efficiency in Hotels by Wipro EcoenergyEnergy Efficiency in Hotels by Wipro Ecoenergy
Energy Efficiency in Hotels by Wipro EcoenergyShreeja Sahadevan
 
Customized Energy Solutions for Meter Data Analytics
Customized Energy Solutions for Meter Data AnalyticsCustomized Energy Solutions for Meter Data Analytics
Customized Energy Solutions for Meter Data AnalyticsShreeja Sahadevan
 
Use Big Data for Operations and Energy Efficiency
Use Big Data for Operations and Energy EfficiencyUse Big Data for Operations and Energy Efficiency
Use Big Data for Operations and Energy EfficiencyShreeja Sahadevan
 
Switch to Results in Commercial Buildings by Wipro EcoEnergy
Switch to Results in Commercial Buildings by Wipro EcoEnergySwitch to Results in Commercial Buildings by Wipro EcoEnergy
Switch to Results in Commercial Buildings by Wipro EcoEnergyShreeja Sahadevan
 
Wipro Ecoenergy – Making Energy Work for Banks
Wipro Ecoenergy – Making Energy Work for BanksWipro Ecoenergy – Making Energy Work for Banks
Wipro Ecoenergy – Making Energy Work for BanksShreeja Sahadevan
 
A Fortune 500 Financial Services Giant Switched To Results
A Fortune 500 Financial Services Giant Switched To ResultsA Fortune 500 Financial Services Giant Switched To Results
A Fortune 500 Financial Services Giant Switched To ResultsShreeja Sahadevan
 
Wipro EcoEnergy-Achieving Energy Efficiencies in Cold Storages
Wipro EcoEnergy-Achieving Energy Efficiencies in Cold StoragesWipro EcoEnergy-Achieving Energy Efficiencies in Cold Storages
Wipro EcoEnergy-Achieving Energy Efficiencies in Cold StoragesShreeja Sahadevan
 
Switch to Results in Educational Institutions by Wipro EcoEnergy
Switch to Results in Educational Institutions by Wipro EcoEnergySwitch to Results in Educational Institutions by Wipro EcoEnergy
Switch to Results in Educational Institutions by Wipro EcoEnergyShreeja Sahadevan
 

Más de Shreeja Sahadevan (14)

Energy Efficiency Solutions in Retail by Wipro Ecoenergy
Energy Efficiency Solutions in Retail by Wipro EcoenergyEnergy Efficiency Solutions in Retail by Wipro Ecoenergy
Energy Efficiency Solutions in Retail by Wipro Ecoenergy
 
A Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to ResultsA Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to Results
 
A Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to ResultsA Large Consumer Electronics Retailer Switched to Results
A Large Consumer Electronics Retailer Switched to Results
 
A Big Data Approach to Energy Management in Retail
A Big Data Approach to Energy Management in RetailA Big Data Approach to Energy Management in Retail
A Big Data Approach to Energy Management in Retail
 
Efficiently Switch to Results in Restaurants
Efficiently Switch to Results in RestaurantsEfficiently Switch to Results in Restaurants
Efficiently Switch to Results in Restaurants
 
New Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant Operations
New Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant OperationsNew Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant Operations
New Maturity Model by Wipro Ecoenergy Can Fire Up Restaurant Operations
 
Energy Efficiency in Hotels by Wipro Ecoenergy
Energy Efficiency in Hotels by Wipro EcoenergyEnergy Efficiency in Hotels by Wipro Ecoenergy
Energy Efficiency in Hotels by Wipro Ecoenergy
 
Customized Energy Solutions for Meter Data Analytics
Customized Energy Solutions for Meter Data AnalyticsCustomized Energy Solutions for Meter Data Analytics
Customized Energy Solutions for Meter Data Analytics
 
Use Big Data for Operations and Energy Efficiency
Use Big Data for Operations and Energy EfficiencyUse Big Data for Operations and Energy Efficiency
Use Big Data for Operations and Energy Efficiency
 
Switch to Results in Commercial Buildings by Wipro EcoEnergy
Switch to Results in Commercial Buildings by Wipro EcoEnergySwitch to Results in Commercial Buildings by Wipro EcoEnergy
Switch to Results in Commercial Buildings by Wipro EcoEnergy
 
Wipro Ecoenergy – Making Energy Work for Banks
Wipro Ecoenergy – Making Energy Work for BanksWipro Ecoenergy – Making Energy Work for Banks
Wipro Ecoenergy – Making Energy Work for Banks
 
A Fortune 500 Financial Services Giant Switched To Results
A Fortune 500 Financial Services Giant Switched To ResultsA Fortune 500 Financial Services Giant Switched To Results
A Fortune 500 Financial Services Giant Switched To Results
 
Wipro EcoEnergy-Achieving Energy Efficiencies in Cold Storages
Wipro EcoEnergy-Achieving Energy Efficiencies in Cold StoragesWipro EcoEnergy-Achieving Energy Efficiencies in Cold Storages
Wipro EcoEnergy-Achieving Energy Efficiencies in Cold Storages
 
Switch to Results in Educational Institutions by Wipro EcoEnergy
Switch to Results in Educational Institutions by Wipro EcoEnergySwitch to Results in Educational Institutions by Wipro EcoEnergy
Switch to Results in Educational Institutions by Wipro EcoEnergy
 

Último

CSR_Module5_Green Earth Initiative, Tree Planting Day
CSR_Module5_Green Earth Initiative, Tree Planting DayCSR_Module5_Green Earth Initiative, Tree Planting Day
CSR_Module5_Green Earth Initiative, Tree Planting DayGeorgeDiamandis11
 
VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...
VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...
VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...Suhani Kapoor
 
NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...Amil baba
 
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...ranjana rawat
 
Horizon Net Zero Dawn – keynote slides by Ben Abraham
Horizon Net Zero Dawn – keynote slides by Ben AbrahamHorizon Net Zero Dawn – keynote slides by Ben Abraham
Horizon Net Zero Dawn – keynote slides by Ben Abrahamssuserbb03ff
 
VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...
VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...
VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...SUHANI PANDEY
 
(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service
(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service
(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Serviceranjana rawat
 
Call Girls Moshi Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Moshi Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Moshi Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Moshi Call Me 7737669865 Budget Friendly No Advance Bookingroncy bisnoi
 
Booking open Available Pune Call Girls Budhwar Peth 6297143586 Call Hot Indi...
Booking open Available Pune Call Girls Budhwar Peth  6297143586 Call Hot Indi...Booking open Available Pune Call Girls Budhwar Peth  6297143586 Call Hot Indi...
Booking open Available Pune Call Girls Budhwar Peth 6297143586 Call Hot Indi...Call Girls in Nagpur High Profile
 
BOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts Services
BOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts ServicesBOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts Services
BOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts Servicesdollysharma2066
 
Russian Call Girls Nashik Anjali 7001305949 Independent Escort Service Nashik
Russian Call Girls Nashik Anjali 7001305949 Independent Escort Service NashikRussian Call Girls Nashik Anjali 7001305949 Independent Escort Service Nashik
Russian Call Girls Nashik Anjali 7001305949 Independent Escort Service Nashikranjana rawat
 
(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...ranjana rawat
 
(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service
(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service
(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Serviceranjana rawat
 
Sustainable Clothing Strategies and Challenges
Sustainable Clothing Strategies and ChallengesSustainable Clothing Strategies and Challenges
Sustainable Clothing Strategies and ChallengesDr. Salem Baidas
 

Último (20)

CSR_Module5_Green Earth Initiative, Tree Planting Day
CSR_Module5_Green Earth Initiative, Tree Planting DayCSR_Module5_Green Earth Initiative, Tree Planting Day
CSR_Module5_Green Earth Initiative, Tree Planting Day
 
VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...
VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...
VIP Call Girls Moti Ganpur ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With R...
 
NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Verified kala jadu karne wale ka contact number kala jadu karne wale baba...
 
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
 
9953056974 ,Low Rate Call Girls In Adarsh Nagar Delhi 24hrs Available
9953056974 ,Low Rate Call Girls In Adarsh Nagar  Delhi 24hrs Available9953056974 ,Low Rate Call Girls In Adarsh Nagar  Delhi 24hrs Available
9953056974 ,Low Rate Call Girls In Adarsh Nagar Delhi 24hrs Available
 
Horizon Net Zero Dawn – keynote slides by Ben Abraham
Horizon Net Zero Dawn – keynote slides by Ben AbrahamHorizon Net Zero Dawn – keynote slides by Ben Abraham
Horizon Net Zero Dawn – keynote slides by Ben Abraham
 
VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...
VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...
VVIP Pune Call Girls Moshi WhatSapp Number 8005736733 With Elite Staff And Re...
 
(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service
(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service
(ANAYA) Call Girls Hadapsar ( 7001035870 ) HI-Fi Pune Escorts Service
 
Call Girls Moshi Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Moshi Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Moshi Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Moshi Call Me 7737669865 Budget Friendly No Advance Booking
 
Booking open Available Pune Call Girls Budhwar Peth 6297143586 Call Hot Indi...
Booking open Available Pune Call Girls Budhwar Peth  6297143586 Call Hot Indi...Booking open Available Pune Call Girls Budhwar Peth  6297143586 Call Hot Indi...
Booking open Available Pune Call Girls Budhwar Peth 6297143586 Call Hot Indi...
 
Green Banking
Green Banking Green Banking
Green Banking
 
BOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts Services
BOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts ServicesBOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts Services
BOOK Call Girls in (Dwarka) CALL | 8377087607 Delhi Escorts Services
 
Russian Call Girls Nashik Anjali 7001305949 Independent Escort Service Nashik
Russian Call Girls Nashik Anjali 7001305949 Independent Escort Service NashikRussian Call Girls Nashik Anjali 7001305949 Independent Escort Service Nashik
Russian Call Girls Nashik Anjali 7001305949 Independent Escort Service Nashik
 
Call Girls In Pratap Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In Pratap Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCeCall Girls In Pratap Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In Pratap Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
 
(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(AISHA) Wagholi Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
 
young Whatsapp Call Girls in Delhi Cantt🔝 9953056974 🔝 escort service
young Whatsapp Call Girls in Delhi Cantt🔝 9953056974 🔝 escort serviceyoung Whatsapp Call Girls in Delhi Cantt🔝 9953056974 🔝 escort service
young Whatsapp Call Girls in Delhi Cantt🔝 9953056974 🔝 escort service
 
(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service
(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service
(ANIKA) Call Girls Wagholi ( 7001035870 ) HI-Fi Pune Escorts Service
 
Sustainable Packaging
Sustainable PackagingSustainable Packaging
Sustainable Packaging
 
(NEHA) Call Girls Navi Mumbai Call Now 8250077686 Navi Mumbai Escorts 24x7
(NEHA) Call Girls Navi Mumbai Call Now 8250077686 Navi Mumbai Escorts 24x7(NEHA) Call Girls Navi Mumbai Call Now 8250077686 Navi Mumbai Escorts 24x7
(NEHA) Call Girls Navi Mumbai Call Now 8250077686 Navi Mumbai Escorts 24x7
 
Sustainable Clothing Strategies and Challenges
Sustainable Clothing Strategies and ChallengesSustainable Clothing Strategies and Challenges
Sustainable Clothing Strategies and Challenges
 

Harnessing the Power of Big Data – A Wipro Ecoenergy Perspective

  • 1. www.wiproecoenergy.com HARNESSING THE POWER OF BIG DATA – A WIPRO ECOENERGY PERSPECTIVE Big Data analytics is the buzzword in almost every business boulevard. It allows energy managers to access, visualize and analyze the data they collect. Organizations today understand the emerging importance of Big Data analytics in driving business decisions across multi-site national accounts. Raj Beniwal, Head of Retail Energy Management at Wipro EcoEnergy, talks about how energy managers can harness the power of Big Data. Excerpts of a discussion with the Edison Electric Institute: What does Big Data mean to owners and operators? Big Data is a very large set of data - structured or unstructured - that can be analyzed and correlated to reveal ways of solving problems that were not very feasible earlier. Technology and increase in affordable computing power has accelerated development of ways to harness Big Data in facilities, an area in general not as much thought of for using such technologies. There are some obvious use cases while many are still emerging. Up to 20%savings on energy costs, and maintenance & operations expenses National accounts are characterized by large numbers of facilities - each store has tens of thousands of devices that are capable of communicating. There are credible industry case studies in which clients have saved up to 20% on energy costs and maintenance and operations expenses across the portfolio by leveraging Big Data. Big Data analytics is enabling not just energy consumption reduction but also wider supply-side optimization, including demand management, energy procurement, and tariff-based savings. The ability to deal with voluminous data will allow energy managers to sample data more frequently and act in near real time. Energy is just one of the areas where Big Data analytics and video analytics are being leveraged to manage customer experiences in stores and restaurants, as well as to digitally manage operations as significant business enablers. How can mining and managing Big Data help national accounts customers reduce their energy usage, as well as meet their expectations for relevant information? What types of data are we talking about? Typically, utility data such as consumption, tariff, charges, demand and penalties. Other pieces of the puzzle are data around asset operations, maintenance, service calls (including natural language records), granular asset performance data, interval consumption data and weather feeds. We also include static data related to location, size and nature of facilities. This has the potential to expand quickly to various other parts of the business operations, including operations of all in-store assets, video analytics and wearable technologies for store associates. Much of this technology may not be just under IT management but will have to be managed by the facilities organization as well. ANALYZE. ACHIEVE. ACCELERATE
  • 2. IND/BRD/AUG 2013-OCT 2014 What type of challenges do you see customers encounter when they embark on a data-driven facilities management effort? Today there is lot of buzz around data in facilities and we have believers, non-believers and observers. It is essential to get a believer who can shape this initiative. There is, at times, very limited appetite for experiment and the facilities operators are more comfortable dealing with the lower risk, conventional improvement methods. Getting started with in-house expertise requires significant effort as it needs deep collaboration of cross-functional teams. It also requires strong senior stakeholder support and some significant time and money. Also, legacy technology may not offer an easy path for data integration. IT and security considerations, though solvable, require an initial push. What are some of the ways for energy managers to access, visualize, and analyze all of the data that are collected? This is an important topic as it is easy to get overwhelmed by the volume and velocity of data. Visual analytics is a crucial component that enables energy managers to identify and resolve energy challenges in new and effective ways. Harnessing the power of Big Data calls for simplifying data access and usage by company personnel who are not information technology or statistics savvy. This requires the platform to have a model to link and correlate the information, organize the data for faster access, define the key performance indicators at various levels and then drill down through the visual interfaces. It is important to have a bird’s-eye view as well as the ability to go to microscopic levels. Wipro EcoEnergy has invested heavily in making the visualizations intuitive and relevant to different stakeholders like the energy manager, chief financial officer and head of overall store operations. Wipro EcoEnergy is the energy services business division of Wipro Limited that provides intelligent, sustainable solutions for energy consumption and management. Utilizing leading edge analytical tools we deliver energy-efficient solutions to our clients that help reduce their carbon footprint, energy usage and recover avoidable energy losses. Wipro EcoEnergy’s Managed Energy Services holistically address the entire spectrum of energy and sustainability, providing sustained energy savings. Wipro EcoEnergy has created a strong local ecosystem of partners in North America, Europe and APAC, and has deployed its Energy Management Services solution for a number of companies around the world. Our clients have realized substantial energy savings and cost reduction during the course of their engagement with Wipro EcoEnergy. For more information please visit www.wiproecoenergy.com or write to ecoenergy.info@wipro.com About Wipro EcoEnergy ANALYZE. ACHIEVE. ACCELERATE IND/RB/SEPTEMBER2014-SEPTEMBER2015©WIPRO LIMITED 2015 What are the enabling and/or emerging technologies that are prompting more Big Data discussions? The Internet of Things (IoT) is the biggest reason we are seeing the increase in Big Data discussions. We will see Big Data even more with the influx of new technologies that are able to connect to existing systems and devices and enable them to become intelligent. As advances in technology make it possible to store and process large amounts of data, both new and existing devices (sensors, meters, cameras, etc.) will be capable of providing and correlating data in unprecedented proportions. Clearly, the low cost of computing power and the ability of these devices to talk to each other present unprecedented possibilities for how businesses can benefit from Big Data - be it cost reduction, understanding trends or offering better store environments.