Energy, Oil & Gas and Renewable

A burgeoning population coupled with fast depleting resources (water and fossil fuels), have created an urgent need to create long-term sustainable use of other energy sources, or optimize the existing ones, especially over the last few years. On the other hand, price and demand volatility is squeezing margins and pushing enterprises towards a better cost optimization structure.

Steadily depleting natural resources are forcing companies to operate at a high cost where ever increasing complexity in supply chain environments create very critical challenges for the oil, gas, water and energy resources industry – the utility sector. Adding to these issues is the decaying infrastructure and legacy systems in which information is processed and stored in disparate data silos. Not surprisingly, strategists in this vertical face a perennial problem- that of lack of standardization in data, and a complete non-visibility of real time issues.

Huge cost of ownership and, change management and operational risks are posing significant challenges in adapting next generation automation and smart utilities management solutions. Moreover, emerging regulatory mandates, growing focus of distributed generation and, advanced metering technologies are introducing complexities in operational environment. In this context, the most desired solution on OT and IT convergence would aid incremental realization of smarter ecosystems and create new insights that help improve efficiency and responsiveness across the value chain.

Innovative solutions that can bring together diverse technology applications on one platform – applications that help generate insights on usage and optimization of production as well as logistics cost, could be the first step towards rationalizing the processes in a more cost-effective manner. Emerging technology – IoT, along with M2M solutions can thus, actually help the utilities industry, optimize every asset for best in class utilization



Intelligent Solutions

The Internet of Things (IoT) can be leveraged to help execute the smart power grid and utilities ‘distribution infrastructure, while the M2M technologies can support with seamless communication in data generation and resultant insight development across the installations which are disconnected from SCADA/ DMS and / or control systems. This collaboration of communication and distributed intelligence is an ideal solution for issues that arise out of siloed operations and complexities of integrating time-sensitive process management workflows. With the ability to control appliances, devices and even grids remotely, an optimal smart energy network can be created. The standardization of event processing, correlation of operational intelligence and remote monitoring can now utilise multi-channel visualization and real-time analytics technologies, driving better business decisions for the utilities industry.

Real time insights generated by an M2M and IoT combined force platform, will also help reduce cost of logistics for consumer delivery of utilities. Having a predictive maintenance and quality control technology will thus, ease the situation and help manage ROI better. In the utility industry:

  • The power generation sector needs flexible, scalable, and simplified, innovative data solutions that allow real time monitoring and hence ensure optimal utilization of energy being produced. Clearly defined and measurable efficiency and performance parameters and freely flowing communication between grids and appliances will also ensure optimization of energy usage.
  • In the water resources sector, insights into network of logistics, the demand and supplies paradigm and pre-emptive insights into issues of transport, logistics (even piping), will help water utility companies plan distribution and networking much better, optimising every single effort and resource.
  • For the oil and gas industry, this will help ensure better and optimised planning for delivery and logistics costs.

Ranial’s IntelliEMS solution ensures that all barriers are removed and thus the efficient running of a utilities solution like a supremely efficient smart grid can be utilized to the best capacity for the industry.

The solution is not in creating more applications or platforms; it lies in ensuring that platforms- technology, the machines and the end user points are in tandem, and move together to create the most efficient utilities solutions for both consumer as well as enterprise usage.

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