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energy data

The Main Reason Why Businesses Don’t Track their Energy Data

Most successful companies track and manage their data. They measure key performance indicators such as sales conversion rates, gross margin and many more. Most of them also use software to manage their data. However, fewer companies track and measure their energy data. Although electricity is a top five operating expense, they think that they can do little to control it. Unlike other operating expenses, energy is still misunderstood and questioned.

Electricity is important for businesses to operate, but it can also be confusing. It is made of thousands of potential combinations and almost always vary from one utility to another. Bills are often based on a combination of these:

  • Peak demand
  • Power factor
  • Time of energy use
  • Total kilowatt-hour consumption
  • Load factor
  • Fuel surcharges
  • Taxes
  • Renewable or energy efficiency programs
  • Fixed customer charges

Many people don’t even know half of these terms. Because they don’t understand their energy data or how much money they could save by tracking and taking control, they skip monitoring it.

Another reason why they don’t track their energy data is the lack of technology before. Utilities seldom offer their customers the capability to track their energy usage in real-time because they want to sell more electricity – not less. Tracking energy in real-time was limited to companies with expensive management systems. Thanks to the advancement in technology, measuring energy data has become easier and cheaper.

What’s the solution?

Volatix allows you to view your corporate data on your phone. We provide a simplified way to connect to your data. Building your own mobile solution can be very expensive, so we do the heavy-lifting for you. You don’t have to look for manpower to implement and manage your own in-house solution. We manage everything, including updates and troubleshooting.

Energy can be tracked and controlled. So, you should get the right solution as foundation to your energy strategy. Choose Volatix to capture your energy data and help you find ways to reduce the amount of energy you spend. As a result, you’ll get annual savings and validate your ROI. Find out more about our solutions here.

Energy

Reducing your Energy Burden by moving to the Cloud

Are you looking for smarter ways to reduce energy demand? Energy consumption in IT services are continuously increasing. The cloud can simplify your information technology by reducing provisioning time, enabling standardization and providing scalability. Saving costs and simplifying IT are only two of the added benefits of moving to the cloud.

Here are 4 reasons why you should get a cloud-based mobile solution:

  • Efficient energy usage. If you have budget restrictions for refreshing hardware, a cloud-based mobile solution is the answer. Physical storage systems are a good option, but the cloud allows you to improve your performance while reducing your power consumption.
  • Optimized hardware resources. Traditional data centers are usually low cost, but the cloud allows a single system to support multiple apps and executes more workloads with less space and energy. It can automatically turn on and off computer for efficient and intelligent use of hardware resources.
  • Reduced costs. The cloud makes your costs manageable with a pay-as-you-go structure. You don’t need to deploy an entire system with cabling peripherals and racks.
  • Lessened data center footprints. Old data centers waste a lot of energy. They have less efficient cooling systems and do not meet the recent air quality regulations today. Instead of a complete redesign, consider moving to the cloud. It could help your system run more smoothly and reduce your overall IT energy consumption.

A cloud-based mobile solution allows for a collaborative relationship. It provides those in the energy industry with the opportunity to see financial and operational benefits from consumer engagement. By monitoring and analyzing data, you will be able to understand your customers and engage with them.

Volatix converts complex energy data into valuable insights to help you understand consumer behavior and find ways to improve your products and services while reducing costs. Powered by the cloud, we allow you to view your organizational data and give your team access without the need to manage updates and troubleshooting. We offer a secure private infrastructure for you – managed by us. Click here to learn more about us.

mobile energy management solution

Track Energy at All Levels with a Mobile Energy Management Solution

Companies spend millions of dollars on energy per year. They thought that it is just a cost to be managed – but, they are wrong. Due to climate change, innovations in energy technology, and plummeting renewable energy prices, a mobile energy management solution is climbing up the corporate agenda. The quality of the technology deployed is becoming an important factor in securing your competitive advantage in the energy sector.

Integrating energy into your company’s visions and operations allows you to develop an action plan for resilience and business continuity. Energy and carbon reduction planning should be prioritized in the capital allocation process, too.

Many companies can’t easily say how much energy they use. They lack good systems to access energy data quickly – and, you don’t want to be one of them. As the biggest cost area for companies, energy should be monitored and managed carefully. You need to have information about your energy usage to take action. If you know your total energy use, you can soon find ways to reduce it.

Monitoring and analyzing energy can reveal operational issues that affect:

  • Performance
  • Quality
  • Cost

You can use the data to predict the energy required for every product you manufacture. When the actual consumption varies from the prediction, you will know that there is a problem. You can also use the analyzed data to adjust your prices, and as a result, ensure profitability. By tracking your energy use and comparing it to similar plants, you can also uncover efficiency opportunities. You can learn from your competitors to improve your business performance.

To make things easier, fairly inexpensive energy meters and energy solutions can help you capture real-time data and increase your savings. A detailed understanding of your energy use is important in helping you predict how volatility in energy prices and availability can affect your cash flows, profits and overall performance.

Volatix offers a mobile energy management solution for your energy usage. Our products increase efficiency, visibility and communication between mobile and corporate workforce through field data capture capabilities. Powered by the cloud, you can view your organization data the way it suits you. Your team will have up-to-date company data without worrying about troubleshooting and managing updates. Plus, you can view your corporate data on your phone- wherever, whenever. Learn more about us here.