In fact, Aberdeen’s recent research, “Energy Intelligence: Driving Optimization with Visibility,” found that cost reduction is still the top pressure driving companies to focus on energy, followed by the need to achieve a competitive advantage. Aberdeen Group’s research for the past three years has consistently shown cost as the top driver for industrial organizations. Interestingly, compared to last year’s study, “Carbon and Energy Management in Manufacturing Operations” where the pressure of cost came out to be 68 percent, this year’s results revealed a slightly higher focus on cost. This is especially critical in an energy-intensive plant where energy cost is often upwards of 25 percent of the total operational costs. The ability to cut even a small percentage of total energy consumption can result in significant savings.
The Benefits of Energy Intelligence
Best-in-class companies have taken a holistic approach toward energy management by effectively changing in business processes, organizational structures, knowledge and performance management.
Sep 1st, 2011
