Asset management systems

Asset management systems

Optimize Asset and Infrastructure Life Cycle

EnergiSpeak's Asset Management application software offer a robust solution that addresses various aspects of asset management, from real-time monitoring to predictive maintenance and strategic planning. The integration of digital technologies, IoT, and data analytics positions it as a comprehensive tool for industries looking to optimize their asset performance.

EnergiSpeak's Asset Management (ESAM) application software offers a comprehensive and innovative solution for optimizing asset performance throughout their life cycle.

The key features and benefits highlighted as:

1. Real-time Operational Data:
   • The ESAM application leverages near-real-time operational data to facilitate remote monitoring and decision-making.
2. Machine Learning Algorithms:
   • The ESAM utilize ML algorithms for predictive, preventive, and prescriptive maintenance based on maintenance records, performance anomalies, and equipment stock data.
3. Cloud-Based Accessibility:
   • EnergiSpeak's cloud-based asset management applications enhance accessibility to field data through mobile devices, improving efficiency for maintenance crews and linemen.
4. Digitalization and IoT Integration:
   • The ESAM involves the digital transformation and integration of IoT-based solutions with online sensors at the equipment level, enabling automatic fault analysis and predictive outage management systems.
5. Data Analytics and Inference:
   • The ESAM is a cloud-based application which allows for the storage of large amounts of data, facilitating data analytics and inferential studies. This, in turn, helps in strategizing preventive maintenance and optimizing asset performance.
6. Lifecycle Management:
   • EnergiSpeak's Digital Solutions consider the entire lifecycle of assets, from acquisition to retirement or decommissioning, aiming to enhance their useful life period.
7. Cost-Effective Predictive Maintenance:
   • The solution also cover options for a low-cost alternative to extending asset life, providing health indices and enabling defensible asset investment decisions within budget constraints.
8. Reliability-Centered Maintenance:
   • The ESAM module elevates operations and maintenance practices toward reliability-centered maintenance, prioritizing critical assets and focusing on achieving broader business results.
9. Optimization of Operational Processes:
   • EnergiSpeak’s Asset Management Module allows optimization of operational processes for critical assets, providing a unified view, scheduling repairs, and reducing unexpected failure costs.
10. Renewable Energy Asset Management:
    • EnergiSpeak's solution simplifies power procurement processes for renewable energy sources, improving energy accounting accuracy and aiding in planning and scheduling.
11. Secure Communication and Cybersecurity:
    • EnergiSpeak addresses security concerns, providing secure communication networks for data and compliance with cybersecurity guidelines.
12. Digital Transformation Roadmap:
    • EnergiSpeak continuously upgrade its Asset Management modules by incorporating features such as robotic processes, digital twins, QR code-based equipment identification, digitization of maintenance task lists, and auto-logging of records.
13. Challenges Resolution:
    • The ESAM application resolves challenges like interoperability issues, reliable communication, cybersecurity, and capacity building for implementing cloud-based asset management solutions.
14. Strategic Planning and Infrastructure Assessment:
    • EnergiSpeak's expert team provides services in strategic planning, assessing existing infrastructure, identifying gaps, and establishing benchmarks.
15. Efficiency Improvement:
    • EnergiSpeak’s Cloud-based asset tracking and management assist in making informed decisions, utilizing assets efficiently, and reducing wastage.

Asset Management – Energy Optimisation

ESAM energy optimisation involves efficiently managing the entire lifespan of assets, from acquisition to disposal. This process can significantly impact an organization's operational efficiency, cost-effectiveness, and sustainability.

The process followed consists of:

1. Strategic Planning:
   • Develops a comprehensive asset management plan aligned with organizational goals.
   • Prioritize assets based on criticality and impact on business operations.
2. Lifecycle Cost Analysis:
   • Conduct thorough cost-benefit analyses throughout the asset life cycle.
   • Consider not only acquisition costs but also maintenance, operational, and disposal costs.
3. Data and Technology Integration:
   • Implements an integrated asset management system for real-time monitoring and data collection.
   • Uses sensors, IoT devices, and predictive analytics to anticipate maintenance needs and potential failures.
4. Connected Ecosystems (Industry 4.0):
   • EnergiSpeak emphasizes the use of connected systems, IoT, and data analytics to create smart factories and infrastructure. This connectivity enables real-time monitoring, predictive maintenance, and improved decision-making.
5. Data-driven Decision Making:
   • The abundance of data generated by connected devices allows for data-driven decision-making. Analyzing this data can provide valuable insights into asset performance, operational efficiency, and areas for improvement.
6. Predictive Maintenance:
   • Leveraging Industrial IoT, predictive maintenance models can be developed. By analyzing data from sensors and devices, organizations can predict when equipment is likely to fail, allowing for proactive maintenance, reducing downtime, and extending asset life.
7. Remote Monitoring and Operations:
   • EnergiSpeak IoT gateways enable remote monitoring and control of industrial processes. This has become particularly important in the context of global events (like the COVID-19 pandemic) that highlight the need for resilient and adaptable operational models.
8. Risk Management:
   • Identifies and assess risks associated with each asset.
   • Develops mitigation strategies to minimize the impact of potential risks.
9. Regular Maintenance and Inspections:
   • Implements a proactive maintenance schedule to prevent breakdowns and extend asset life.
   • Conducts regular inspections and address issues promptly.
10. Energy Efficiency:
    • Considers energy-efficient technologies and practices during the asset acquisition phase.
    • Implements energy-saving measures throughout the life cycle to reduce operational costs.
    • IoT can be instrumental in monitoring and optimizing energy consumption in industries. Smart sensors and meters enable better control over energy usage, contributing to cost savings and sustainability efforts.
11. Sustainability Practices:
    • Integrates sustainability criteria into asset acquisition decisions.
    • Considers recyclability and environmental impact during disposal.
12. Training and Skill Development:
    • Ensures that staff members are well-trained in the operation and maintenance of assets.
    • Continuous training can improve efficiency and reduce the likelihood of errors.
13. Standardization and Modularization:
    • Standardize components and processes to simplify maintenance and reduce costs.
    • Explores modular designs that allow for easier upgrades and replacements.
14. Asset Tracking and Documentation:
    • Maintains accurate records of each asset, including purchase details, maintenance history, and current condition.
    • Use asset tracking systems to monitor location, usage, and performance.
15. Continuous Improvement:
    • Regularly review and update asset management strategies based on evolving business needs and technological advancements.
    • Collect feedback from end-users to identify areas for improvement.

Through this process EnergiSpeak help organizations to optimize their asset and infrastructure life cycle, leading to improved efficiency, reduced costs, and enhanced sustainability.

Asset Management – Key Elements

EnergiSpeak's Asset Management application software offer a comprehensive solution for companies looking to enhance their operational efficiency and asset management strategies.

The key features and benefits of the system are:

1. Real-time Operational Data Utilization:
   • The ESAM software enables companies to react to near-real-time operational data remotely, allowing for quick responses to changes in asset performance and operational conditions.
2. Integration of IoT, AI & ML:
   • The Asset Management modules utilize advanced technologies such as IoT (Internet of Things), AI (Artificial Intelligence), and ML (Machine Learning). EnergiSpeak follows a data-driven and intelligent approach to asset management, incorporating real-time data, analytics, and predictive capabilities
3. IoT Integration for Operation & Maintenance:
   • EnergiSpeak's software leverages IoT devices to facilitate the operation and maintenance of assets. IoT devices likely provide real-time data and insights, enabling proactive decision-making and efficient asset management.
4. Data Integration from Various Sources:
   • The ESAM software relies heavily on data from different applications and departments. This indicates a commitment to collecting and aggregating data from diverse sources, providing a comprehensive and holistic view of asset performance.
5. Metering Data Integration:
   • EnergiSpeak emphasizes Integration of metering data accurately and timely. Metering data is critical for understanding energy consumption, production, and overall performance. Integrating this data contributes to accurate monitoring and analysis of asset conditions.
6. Strategic Approach to Work and Asset Management:
   • EnergiSpeak's solution emphasizes the importance of adopting the right strategic approach to both work and asset management. This suggests a focus on aligning operations with broader organizational goals.
7. Reliance on Operational Data:
   • EnergiSpeak’s Asset Management Module relies on various forms of operational data, including maintenance records, performance anomalies, and equipment stock data. This holistic approach ensures that decision-making is based on a comprehensive understanding of asset conditions.
8. Automatic Fault Analysis and Predictive Outage Management:
   • ESAM adopts automatic fault analysis systems and predictive outage management systems enhances the ability to anticipate and address issues before they lead to downtime. This proactive approach can significantly improve asset reliability.
9. Development of Business Dashboards:
   • The ESAM business dashboards provide a visual representation of key performance indicators and relevant data. This can aid decision-makers in gaining insights and making informed choices regarding asset management strategies.
10. Machine Learning Algorithms:
    • ESAM uses machine learning algorithms for predictive, preventive, and prescriptive maintenance indicates an advanced approach to asset management. ML algorithms can help in identifying patterns, predicting potential issues, and prescribing optimal maintenance strategies.
11. Operational and Maintenance Department Data:
    • The ESAM software incorporates data from the operational and maintenance departments. This ensures that relevant information from these crucial areas is considered, providing a well-rounded understanding of asset health and performance.
12. Backend Data Integration:
    • ESAM stresses for proper integration of data at the backend. This emphasizes the importance of seamless integration into the software's backend infrastructure, ensuring data accuracy, consistency, and accessibility.
13. Big Data Analytics for Asset Condition Analysis:
    • The ESAM software employs big data analytics to analyze the condition of assets. This involves processing large volumes of data to identify patterns, trends, and anomalies that can inform maintenance strategies and asset optimization.
14. Targeted Maintenance Strategies:
    • ESAM analyses operational data, the solution aims at implementing targeted maintenance strategies, including predictive maintenance to foresee issues before they occur, preventive maintenance to reduce the likelihood of failures, and prescriptive maintenance for optimized asset performance.
15. Transition to Predictive Maintenance:
    • With the aging of equipment and the recognition of the limitations of corrective maintenance, industries have transitioned to predictive maintenance. EnergiSpeak helps in constant monitoring of various parameters to anticipate potential failures and take proactive remedial actions.
16. Prevention of Asset Failure:
    • ESAM helps to shift to predictive maintenance by providing data of systematic inspection and monitoring at fixed intervals. It fulfills the goal to prevent asset failures by identifying and addressing issues before they escalate into critical problems.
17. Scope Across Various Industries:
    • The ESAM software is designed to enhance the performance and extend the life of assets across diverse industries, including renewable and traditional generation systems, substations, distribution lines, and production line machinery. This versatility makes it applicable across different sectors.
18. Lifecycle Extension and Performance Improvement:
    • The ESAM ultimate goal is to improve asset performance and extend their operational life. This is crucial for optimizing the return on investment in assets and ensuring their sustainability over the long term.
19. Lifecycle Perspective:
    • EnergiSpeak's digital solutions adopt a holistic approach that spans the entire lifecycle of an asset. This includes stages such as acquisition, operation, maintenance, and eventual retirement or decommissioning.
20. Enhancing Useful Life Period:
    • ESAM helps to enhance the useful life period of assets. This aligns with the broader goal of optimizing the return on investment by maximizing the operational efficiency and longevity of assets.
21. Enhancing Asset Performance:
    • The ultimate goal of EnergiSpeak's digitalization efforts is to enhance asset performance. This includes optimizing operational efficiency, minimizing downtime through preventive measures, and improving the overall design and operation of existing systems.
22. Life Extension at Low Cost:
    • EnergiSpeak's Asset Management Solutions are positioned as a low-cost alternative to extend the life of assets. This suggests a focus on optimizing the value of existing assets rather than immediate replacement.
23. Asset Health Indices:
    • The ESAM solution provides asset health indices, indicating a measure of the overall health and condition of assets. This information is crucial for assessing the current state of assets and planning maintenance or replacement strategies.
24. Regulatory Compliance:
    • EnergiSpeak's Asset Management modules address regulatory demands by providing proof of compliance. This is crucial for industries that need to adhere to specific regulations and standards, ensuring that assets meet safety and environmental requirements.
25. Cloud-Based Asset Health Indexing:
    • In ESAM, Process data is processed through cloud-based asset health indexing methodologies. Cloud-based solutions enable scalable and accessible data processing, allowing for efficient analysis and storage of large volumes of data.
26. Expense Minimization on Non-Critical Processes:
    • ESAM helps minimization of significant expenses on non-critical processes. By leveraging data and analytics, the software likely helps organizations prioritize resources and investments based on critical needs, contributing to cost efficiency.

EnergiSpeak's Asset Management application software provide a sophisticated solution that leverages real-time operational data, machine learning, and targeted maintenance strategies to enhance asset performance and prolong their life cycle. This aligns well with the broader trends in Industry 4.0 and digital transformation, emphasizing data-driven decision-making and proactive maintenance approaches.

Asset Management – Cloud benefits

EnergiSpeak's Cloud-based asset management applications highlight several key benefits and functionalities. Let's delve into the key points:

1. Mobile Accessibility:
   • The cloud-based nature of EnergiSpeak's asset management applications facilitates easy access to data in the field through mobile devices. This feature enhances the mobility of maintenance crews and linemen, enabling them to perform their tasks more efficiently.
2. Operational Efficiency:
   • ESAM Distribution services Improves access to data on mobile devices contributes to enhanced operational efficiency. Maintenance crews can access relevant information, update records, and communicate seamlessly, leading to more streamlined processes.
3. Quicker Outage Restoration:
   • The accessibility of cloud-based asset management applications on mobile devices likely contributes to quicker outage restoration times. Real-time data availability allows for faster decision-making and response during outages or maintenance activities.
4. Asset Performance Management:
   • EnergiSpeak's cloud-based asset performance management covers the entire life cycle of assets, starting from acquisition and construction. This indicates a holistic approach that spans the planning, implementation, and ongoing maintenance phases.
5. Predictive Maintenance:
   • ESAM include predictive maintenance in the asset performance management that utilizes data analytics and forecasting techniques to anticipate maintenance needs and avoid unplanned downtime.
6. Repair and Inspection Management:
   • ESAM is designed to manage not only predictive maintenance but also repair and inspection activities. This comprehensive approach ensures that all aspects of asset maintenance are considered within the same system.
7. Optimizing Asset Value:
   • ESAM provides a comprehensive view of asset data and incorporating predictive maintenance strategies, the application aims to optimize the value of assets throughout their life cycle. This aligns with the goal of maximizing return on investment and improving overall asset performance.

EnergiSpeak's Cloud-based asset management applications offer a mobile-friendly solution with a focus on improving operational efficiency, ensuring safety, and optimizing the value of assets through comprehensive performance management, including predictive maintenance and inventory control.

Asset Management – O&M Practices

EnergiSpeak's Asset Management solutions underscore the focus on elevating operations and maintenance practices towards reliability-centered maintenance (RCM).

1. Reliability-Centered Maintenance (RCM):
   • EnergiSpeak’s solutions adopt a reliability-centered maintenance approach, emphasizing a strategic and systematic method for managing assets. RCM is a proactive maintenance strategy that aims to optimize the reliability and performance of critical assets.
2. Priority List of Critical Assets:
   • EnergiSpeak maintains a priority list of critical assets. This implies that there is a deliberate effort to identify and prioritize assets based on their criticality to operations and business objectives.
3. Broader Focus on Business Results:
   • The shift towards RCM reflects a broader focus on achieving business results. This suggests that the maintenance practices are aligned with overall business goals and performance outcomes, emphasizing the contribution of asset management to organizational success.
4. Distinguishing Between Critical and Non-Critical Assets:
   • Instead of applying a uniform approach to all assets, the solutions, EnergiSpeak recognize the importance of distinguishing between critical and non-critical assets. This allows for tailored and more effective maintenance strategies based on the specific needs of each asset category.
5. Advanced Maintenance Planning:
   • EnergiSpeak solutions incorporate advanced maintenance planning techniques. This implies the use of predictive analytics, scheduling algorithms, and other advanced tools to plan maintenance activities in a way that maximizes asset reliability and minimizes downtime.
6. Appropriate Maintenance Strategy for Different Processes and Equipment:
   • EnergiSpeak recognize different assets which require different maintenance approaches; EnergiSpeak's solutions use an appropriate maintenance strategy for various processes and equipment. This ensures that maintenance efforts are tailored to the unique characteristics and needs of each asset.
7. Optimization of Operational Processes:
   • The EnergiSpeak Asset Management Module is designed to optimize operational processes. This suggests a focus on improving efficiency, reducing downtime, and enhancing overall operational performance.
8. Unified and Accurate View of Machines:
   • ESAM module provides a unified and accurate view of all machines, including production line machinery, feeders, substations, etc. This centralized view is crucial for gaining insights into the state of each machine, comparing designed capacities with operating capacities, and assessing overall health and performance.
9. State Monitoring:
   • EnergiSpeak's Asset Management keeps track of the state of machines, considering factors such as designed capacities, operating capacities, opportunity loss, status, and health. This comprehensive monitoring enables proactive decision-making and maintenance planning.
10. Centralized Repository of Assets Data:
    • The ESAM module maintains a centralized repository of assets data. This centralized storage facilitates easy access to information, streamlines reporting processes, and allows for effective management of asset-related data.
11. Defect Reporting:
    • The centralized repository is used to report defects. EnergiSpeak follow a systematic approach to identifying and addressing issues promptly, contributing to proactive maintenance and minimizing the impact of defects on operations.
12. Predictive Planning Schedules:
    • The ESAM module also suggests predictive planning schedules. This involves using predictive analytics to schedule maintenance activities, reducing the likelihood of unexpected failures and unplanned downtime.
13. Financial Health and Cost Reduction:
    • The ESAM solution contributes to maintaining financial health by reducing unexpected failure costs and unscheduled outages. Proactive maintenance and efficient scheduling help control costs and improve the overall financial performance of assets.
14. Upgrade Operations and Maintenance (O&M):
    • EnergiSpeak aims to upgrade its Asset Management modules to enhance Operations and Maintenance (O&M) processes. This likely involves improving the efficiency, reliability, and overall effectiveness of routine operations and maintenance activities.
15. Implementation of Robotic Processes:
    • EnergiSpeak roadmap includes provisions to apply robotic processes. Robotic Process Automation (RPA) involves using automation technology to perform repetitive tasks, potentially streamlining processes, reducing errors, and improving operational efficiency.
16. Deployment of Digital Twins:
    • EnergiSpeak plans to deploy digital twins. Digital twins are virtual replicas of physical assets, systems, or processes. Deploying digital twins can provide a real-time, data-driven representation of assets, enabling better monitoring, analysis, and decision-making.
17. QR Code-Based Equipment Identification:
    • EnergiSpeak roadmap includes the implementation of QR code-based equipment identification. QR codes can be used to uniquely identify and track individual pieces of equipment, facilitating efficient asset management, maintenance, and data retrieval.
18. Digitization of Maintenance Task Lists:
    • EnergiSpeak aims to digitize maintenance task lists. This involves moving away from traditional paper-based or manual task lists to digital formats, potentially enhancing accessibility, collaboration, and the overall management of maintenance activities.
19. Auto-Logging of Records from the Field:
    • EnergiSpeak roadmap includes the implementation of auto-logging of records from the field to a central data repository. This suggests an automated process for recording and storing data collected in the field, ensuring accuracy, real-time updates, and centralized data management.

EnergiSpeak's Asset Management solutions prioritize reliability-centered maintenance, focusing on critical assets and aligning maintenance practices with broader business goals. The emphasis on data integration, advanced planning, and customization for different assets reflects a proactive and strategic approach to asset management.

Asset Management - Renewable

EnergiSpeak's Renewable Energy Asset Management emphasizes its role in simplifying power procurement processes and enhancing energy accounting accuracy, particularly in the context of the increasing trend of industries sourcing power from renewable energy.

The key points:

1. Renewable Energy Asset Management:
   • EnergiSpeak's solution is specifically designed for managing assets in the renewable energy sector. This includes assets such as solar and wind power installations.
2. Simplification of Power Procurement:
   • The EnergiSpeak’s solution simplifies power procurement processes. This indicates a streamlined approach to acquiring renewable energy, likely involving efficient monitoring, planning, and scheduling.
3. Improvement of Energy Accounting Accuracy:
   • EnergiSpeak's Asset Management aims to enhance energy accounting accuracy. This suggests a focus on precise measurement, recording, and reporting of energy-related data, crucial for billing, compliance, and reporting purposes.
4. Help Industry Shift towards Renewable Energy Procurement:
   • EnergiSpeak solution sets promote the industry trend of increasing power procurements from renewable energy sources. This aligns with the global push for sustainability and the transition towards cleaner energy alternatives.
5. Power Procurement Management:
   • The EnergiSpeak Asset Management Solutions actively manage the power procurement process. This likely involves monitoring renewable energy production, assessing available capacity, and optimizing procurement strategies.
6. Planning and Scheduling:
   • EnergiSpeak's solutions include planning and scheduling functionalities. This implies a proactive approach to managing renewable energy assets, ensuring optimal utilization, and aligning production with demand.
7. Leveraging IoT Devices:
   • The ESAM solution leverages data from IoT devices assigned to remotely monitor grid-connected assets. IoT devices play a crucial role in providing real-time data on asset performance, allowing for informed decision-making and efficient management.
8. Remote Monitoring of Grid-Connected Assets:
   • EnergiSpeak uses IoT devices for remote monitoring, especially for grid-connected assets. This allows for continuous monitoring and data collection from dispersed renewable energy installations.

EnergiSpeak's Renewable Energy Asset Management Solutions address the unique challenges and opportunities associated with managing assets in the renewable energy sector. By simplifying power procurement, enhancing energy accounting accuracy, and leveraging IoT devices for remote monitoring, the solution aims to contribute to the efficient and sustainable utilization of renewable energy sources within the evolving energy landscape.

Asset Management - Compliances

EnergiSpeak finely addresses security concerns, ensuring secure communication networks for data, and complying with the latest cyber security guidelines, other operational and regulatory compliances. It also highlights the use of technologies such as data analytics and advanced metering infrastructure for broader asset monitoring and control. Here's a breakdown of the key points:

1. Security Assurance:
   • EnergiSpeak aims to remove concerns about security, indicating a proactive approach to ensuring the confidentiality, integrity, and availability of data related to assets. This is crucial, especially when dealing with interconnected assets scattered across geographical regions.
2. Secure Communication Networks:
   • EnergiSpeak solutions provide secure communication networks for data. This ensures that information transmitted between assets and central systems is protected from unauthorized access, interception, or tampering.
3. Compliance with Cybersecurity Guidelines:
   • EnergiSpeak commits to complying with the latest cybersecurity guidelines. This demonstrates a commitment to staying abreast of industry best practices and regulatory requirements to address evolving cybersecurity threats.
4. Scattered and Interconnected Assets:
   • Acknowledging that assets are scattered across geographical regions and interconnected, EnergiSpeak recognizes the complexity and potential vulnerabilities associated with managing assets in diverse locations. This underscores the need for robust cybersecurity measures.
5. Leveraging Technologies for Monitoring and Control:
   • EnergiSpeak continues to leverage technologies such as data analytics and advanced metering infrastructure. This implies a commitment to staying technologically advanced, using data-driven insights and infrastructure advancements to enhance asset monitoring and control capabilities.
6. Broad Asset Monitoring:
   • EnergiSpeak uses data analytics and advanced metering infrastructure contributes to establishing broader asset monitoring. This suggests a comprehensive approach to monitoring various aspects of asset performance, health, and operational parameters.
7. Conversion of Insights into Actions:
   • Once asset diagnosis information is available, EnergiSpeak empowers concerned officials to take appropriate decisions. This emphasizes the actionable nature of the insights derived from asset monitoring, enabling effective decision-making and resource allocation.
8. Interoperability Issues:
   • EnergiSpeak's applications aim to resolve interoperability issues. This suggests a focus on ensuring seamless communication and integration between diverse systems and devices, enabling a cohesive and interconnected asset management environment.
9. Reliable Communication:
   • EnergiSpeak applications address challenges related to reliable communication. Reliable communication is essential for transmitting data accurately and efficiently, particularly in the context of managing assets spread across various locations.
10. Cybersecurity:
    • EnergiSpeak's applications prioritize cybersecurity. Cybersecurity is crucial, especially in industries where assets are interconnected and data needs to be protected from potential threats. This commitment aligns with safeguarding sensitive information and ensuring the integrity of systems.
11. Capacity Building for Cloud-Based Solutions:
    • EnergiSpeak helps in building capacity for implementing cloud-based asset management solutions. This involves assisting organizations in developing the skills and capabilities needed to effectively adopt and utilize cloud technologies for managing assets.
12. Digital Transformation and Cloud Capabilities:
    • EnergiSpeak's expert team plays a role in helping industries digitally transform and enhance their cloud capabilities. Digital transformation involves leveraging technology to improve processes and operations, while enhanced cloud capabilities enable efficient and scalable asset management solutions.
13. Deployment of Connected Devices on Field Assets:
    • EnergiSpeak facilitates the deployment of connected devices on field assets. This implies the integration of Internet of Things (IoT) devices to gather real-time data from assets in the field, contributing to better monitoring and decision-making.
14. Asset Management Services:
    • EnergiSpeak's expert team provides a range of Asset Management services. This includes strategic planning, assessing existing infrastructure, identifying gaps, and establishing benchmarks. These services are essential for developing a comprehensive and effective asset management strategy.
15. Cloud-Based Asset Tracking and Management:
    • EnergiSpeak offers cloud-based asset tracking and management solutions. This indicates a move towards utilizing cloud infrastructure to store, process, and analyze data related to assets. Cloud-based solutions contribute to flexibility, accessibility, and scalability.
16. Informed Decision-Making:
    • The cloud-based asset tracking and management provided by EnergiSpeak enable informed decisions regarding further purchases and additions. This suggests that the data and insights obtained from asset tracking inform strategic decisions on asset investments and resource utilization.
17. Efficiency Improvement:
    • EnergiSpeak's solutions aim to reduce wastage and improve efficiency by utilizing assets and resources to the fullest. This reflects a commitment to optimizing operations and minimizing unnecessary costs.