Smart city managers have a growing data lake to organize. Without Big Data technologies, they will not be able to manage this volume of information and thus will not be able to optimize across sectors. However, if they succeed in linking and evaluating the various data and deriving recommendations for action and control impulses from them, efficiency, benefits and added value will result. On the basis of this newly gained transparency, processes can be optimized and efficiencies leveraged in a way that would otherwise be impossible. The opportunities should be huge and the risks to be assessed manageable. That's why data management in the energy industry and smart city requires intelligent enterprise application integration (EAI), that is, bringing together databases and workflows that are connected to business applications along the entire value chain.
For example, digitization partners are realizing comprehensive energy, asset and environmental management for the utility industry, as well as for companies of any origin. This means that the carbon footprint of companies becomes digitally transparent in facts and figures. The complete disclosure of energy flows and CO2 emissions by measuring and monitoring generation and consumption is a prerequisite for being able to save energy in a targeted manner or use it rationally.
However, IT platforms for the digitization of the energy industry are not only the ideal IT tool for the energy transition and smart city because they can manage new business models with mass data capability and evaluate large volumes of data with the help of artificial intelligence. The platform principle also offers many other advantages, such as integration capability with third-party systems, openness in data formats and simple administration. Since IT platforms are usually provided in the cloud, users do not need to worry about system maintenance and administration. This is a great relief for all players involved in the century-long task of energy transition.
Energy Utilities in Pole Position
The energy industry is at the center of the transformation. Topics such as the management of electromobility, the establishment and operation of virtual power plants, energy plant management for customers and submetering, for example, are close to the very own value creation processes, so it makes a lot of sense to get involved there. In addition, utilities need new business models and the resulting new sources of revenue and profit to cushion the pressure on margins in their core business. In this way, utilities are also automatically approaching those topics that are realized, for example, through IoT-based technologies.