FINAL WORD
Collaborative approaches are crucial to scaling quickly now, as the Fourth Industrial Revolution presents new opportunities. Instead of rebuilding industries from the ground up, businesses can leverage partnerships to grow faster while staying responsive and flexible.
US cleantech specialist DERNetSoft unlocked new gains for a healthcare customer recently by eliminating data silos and optimising renewable energy systems. Managing energy use across 1,200 buildings, with many distributed resources, DERs such as solar, wind, micro-grids, and fuel cell systems, was challenging due to siloed production data siloed and in different formats.
Rob McGreevy, Chief Product Officer, AVEVA
By adopting a vendor-neutral software-as-a-service, SaaS platform to track and analyse all this data, the customer saved millions of dollars in energy costs and reimbursements for overproduction, while identifying further ways to save tens of millions more.
We must ramp up renewable energy to keep the 1.5 ° C goal within reach and achieve a net-zero economy. Companies like DERNetSoft and its partners show how radical collaboration can bring us closer to that target.
Deep partnerships rely on open, agnostic and interoperable systems to share data and analytics seamlessly with internal or external partners. Such an end-to-end view across the operating ecosystem enables real-time insights and rapid adoption of innovation across the ecosystem.
With the industrial sector facing mounting challenges, the future of growth and innovation depends on such radical new approaches to collaboration, and not just within organisations but across entire sectors. We now collect more data than ever; global use next year will total an estimated 200 zettabytes.
Sharing that data and the resulting analytical and contextualised insights will be the foundation for creating value.
With human direction, this industrial intelligence enables businesses to transcend individual limitations, cut costs, improve efficiency, and accelerate product and process innovation.
Nearly half, 45 % the industrial companies polled in the recent AVEVA Industrial Intelligence Index survey believe platforms that enable real-time data sharing and collaboration will drive the greatest opportunity for their organisations. They recognise that sharing AI-infused insights can elevate human ingenuity.
In sectors like engineering and construction, it’ s standard practice for many people to work on the same plant design project. Manually sharing updates and iterations between offices can drive up hardware costs and inefficiencies, leading to errors and miscommunication. A flexible, cloud-based engineering collaboration platform addresses these issues, as Tecnicas Reunidas discovered.
Since the Spain-based engineering, procurement and construction, EPC company onboarded a new hybrid cloud intelligence platform, remote teams can now build and work on the same 3D models wherever
86 % executives believe that ecosystems will be a critical success factor in their industry.
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