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Tim Kannegieter

Demystifying Energy Analytics

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Next Tuesday 17 April, Umesh Bhutoria from EnergyTech Ventures will be delivering a webinar titled The Data Indigestion Crisis: New approaches to Energy Analytics. The successful startup from India is in the process of establishing its business in Australia, participating in a bootcamp program being run by Energy Australia. He company has developed an Insights as a Service business around energy analytics. 

I had coffee with Umesh to go over what he will present and was interested to find he is primarily targeting brownfield installations. When I questioned this strategy, he pointed out that the vast majority of installed systems managing energy consumption are largely underutilized, operating as alarm systems rather than being used to optimise energy efficiency. 

Umesh pointed to a number of issues such as the difficulty of having multiple data sources and a skill gap in knowing what to do with the data even if they had it. The main problem he says, is that companies often don't know what the actually want from their systems. He related one case where he won a contract over a large multi-national vendor because he told the client he didn't want their business if they couldn't see the difference in his approach. This encouraged the client to go back and work out their real needs.

In this webinar, Umesh will begin with an introduction to Energy Analytics, outline the different approaches and then look at a case study of of one of the worlds largest Terry Towel manufacturing sites.

 

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