Visibility to near real-time data can help companies increase effectiveness of efficiency and sustainability initiatives
ANDOVER, Massachusetts, March 31, 2015 /PRNewswire/ -- Schneider Electric, a global specialist in energy management, today announced the launch of Performance Analytics, a new suite of functionality within its award-winning StruxureWare Resource Advisor software platform. Helping more than 4,500 clients with over 20,000 users across 130 countries manage more than $30 billion of energy spend, Resource Advisor is the industry's leading energy and sustainability platform. This functionality builds on Resource Advisor's already powerful set of capabilities, which includes the ability to monitor energy and carbon markets, manage key sustainability metrics and report results to stakeholders on more than 400 types of resource streams, including utility and facility data, weather data, and water and energy usage.
To become more sustainable and efficient, companies must understand how their facilities consume resources on a site-by-site basis in enough detail to find inefficiencies and fix them. But they also need a simple way to look across the enterprise, in order to prioritize efforts, measure results, report to their stakeholders and compare themselves to their peers. Performance Analytics now allows Resource Advisor users to collect, visualize, and analyze near-real-time interval data from a variety of sources, in context of this enterprise-wide view of their data.
"Companies are under tremendous pressure to reduce operating costs and risk, while at the same time becoming more sustainable," said Steve Wilhite, Senior Vice President of Energy and Sustainability Services, Schneider Electric. "This is almost impossible without the right data, seen in the right context. Resource Advisor provides this context, and now Performance Analytics drills down to interval-level information in a way that our clients are finding very powerful."
Performance Analytics allows for data collection and integration from multiple sources, significantly simplifying visualization and analysis of interval data, while reducing the cost of data acquisition. Leveraging Schneider Electric's founding membership with the Green Button Association, Schneider Electric can collect data straight from the utility, bypassing the need for on-site meters and software. Schneider Electric can also tap into existing utility relationships to obtain interval data, or data can be obtained from a variety of meter, submeter or BMS data, which may exist on-site or can be installed. This flexibility enables customers to choose the most cost-effective way to develop a complete picture of their consumption, whether at the site-level or across their enterprise.
This software enhancement is in support of Schneider Electric's successful approach of providing integrated software and services for its clients. A cloud-based solution that increases collaboration, efficiency and transparency within a single software system, Resource Advisor can be used by the client, or as a means to enable remote energy and sustainability management. For companies in need of expertise or simply additional bandwidth, Schneider Electric energy experts can also provide remote analysis capabilities to identify new opportunities for efficiency or to amplify existing in-house expertise.
About Schneider Electric
As a global specialist in energy management and automation with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Non-residential & Residential Buildings, Industries & Machines Manufacturers, Utilities & Infrastructure and Data Centers & Networks. Focused on making energy safe, reliable, efficient, productive and green, the company's 170,000 employees achieved revenues of 30 billion US dollars in 2014, through an active commitment to help individuals and organizations make the most of their energy.
SOURCE Schneider Electric