While referred to interchangeably, building management systems (BMS) and energy analytics software (EAS) are quite different forms of energy analytics management.
How Smart Manufacturing Systems Are Transforming the Industry
Smart manufacturing is buzzing right now, but some organizations might still be a little lost as to what this change really means.
Get the Most Out of Business-Process-as-a-Service (BPaaS) Solutions
The growing wave of cloud services provides businesses with easy access to a wide range of technology, often at a more affordable price and with added flexibility. In all, the public cloud services market is expected to grow by 18% in market value this year, according to Gartner. One of the largest and most well-known segments of that market is Business Software as a Service; these BPaaS solutions include applications in areas ranging from customer relationship management to energy management.
How Managed Software Differs from Software as a Service
Software as a Service (SaaS) solutions are still on the rise, with more companies choosing the flexibility and convenience of platforms hosted remotely by another company. While the market is maturing, the value of the SaaS industry is still expected to grow by 20% in 2017, finds Gartner.
Best Ways for Your Business to Dynamically Save Energy
In the quest to reduce costs and increase profitability, businesses can take plenty of static steps to save energy, such as replacing dated lighting or HVAC equipment. The hope is that the end result will always be that the new devices or equipment will run more efficiently and therefore produce energy savings.
What is Transparency in Business Relationships?
While many businesses fear revealing too much to customers and employees, transparency can have a powerful effect on improving trust and loyalty, thereby helping businesses in the long run.
The manufacturing industry is shedding its past image of hard, bulky manual labor and evolving to become more digital and nimble with the widespread implementation of industrial energy analytics systems and software. This change has brought about a new terminology called smart manufacturing, which California Manufacturing Technology Consulting (CMTC) defines as “the use of real-time data and technology when, where and in the forms that are needed by people and machines.”
Software-as-a-Service (SaaS), meaning software that is provided as a subscription and hosted remotely, continues to grow and replace the old model of companies having to host applications themselves while often paying a large upfront licensing fee. From 2015-2020, Cisco projects that SaaS will attain a compound annual growth rate of 30%.
A great leadership challenge is upon us. Stalwart organizations, upstart innovators and concerned citizens alike can take the lead in grappling with, advancing and fulfilling the new sustainability orientation now emerging across the globe. Taking short term steps now could advance broad goals for humanity.