ies webinar: moving from data to results

18
Moving from Big Data Insights to Measurable Results Presenter: Alison Liaboe Date: 10/24/13

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Data overload creates challenges in deriving actionable business intelligence, hindering progress. A successful program starts with useful and repeatable data. Recorded Date: October 24, 2013 Host: Alison Liaboe, with Ecova

TRANSCRIPT

Page 1: IES WEBINAR: MOVING FROM DATA TO RESULTS

Moving from Big Data Insights to Measurable Results

Presenter: Alison Liaboe Date: 10/24/13

Page 2: IES WEBINAR: MOVING FROM DATA TO RESULTS

Agenda

Review challenges when managing a significant energy spend

A Look at Big Data: what does this tell us?

What the trends are and how do you compare?

Interactive quiz

Upcoming webinars

Questions and inquiries

Page 3: IES WEBINAR: MOVING FROM DATA TO RESULTS

Why should you care?

U.S. Commercial Facilities

Commercial facilities account for 36% of U.S. electricity consumption

The associated cost for that consumption is over $190 billion

Responsible for 18% of U.S. carbon dioxide emissions

U.S. Environmental Protection Agency claims that 30% of all consumption is wasted

Page 4: IES WEBINAR: MOVING FROM DATA TO RESULTS

Your Challenges

Lack of visibility into cost and consumption data

Data overload creates challenge for deriving actionable Business Intelligence

Lack of accurate and updated industry trend and benchmark data

Are you using all the resources at your finger tips?

What should you be thinking of next?

Page 5: IES WEBINAR: MOVING FROM DATA TO RESULTS

Data Is Where It’s At!

A successful program starts with useful and repeatable data

Information used to make decisions should be more than cost and consumption

You can have a lot of data but presentation is the key

Once you have the words, now you can tell the story!

It all starts with the data

Page 6: IES WEBINAR: MOVING FROM DATA TO RESULTS

Ecova’s Data Warehouse

Growing Results on Saving Resources Technology enabled solutions for both sides of the utility meter that enable companies to manage their energy and sustainability expenses and usage

Founded in 1996 (17 years of data)

Over 2.2B data points

Over 750,000 commercial sites

Over 700 commercial and industrial clients = 24% of the Fortune 500

Nearly 20 vertical sectors

Ecova processes nearly $20B in energy and resource expenditures

Ecova handles over 8% of the commercial electric load in the U.S.

Page 7: IES WEBINAR: MOVING FROM DATA TO RESULTS

Consumption Highlights – Vertical Markets

Small and medium box retail have led the way with consumption reductions Healthcare has pressures like no other vertical, and energy intensity is increasing

Small Box Retail - 0-7500 Sqf t

Medium Box Retail - 7500-25000 Sqft

Mercantile (Malls)

Warehouse and Storage

Service

Off ice

Food Sales-Convenience Stores

Education

Public Assembly

Big Box Retail - 25000+ Sqf t

Food Service-Casual Dining

Food Sales-Grocery

Lodging

Food Service-Quick Serve

Industrial

Healthcare (Outpatient)

Healthcare (Inpatient)

Total

-14.0% -12.0% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0%

Consumption Change: 2012 Baselined to 2008

Page 8: IES WEBINAR: MOVING FROM DATA TO RESULTS

Best Practices For Getting Your Data On

Data is good…

…but what’s next?

Page 9: IES WEBINAR: MOVING FROM DATA TO RESULTS

Putting Big Data to Work: Client Best Practices

Baseline and Trend Analysis Trend analysis helps gauge energy consumption and energy intensity

Forecasting Creates visibility into projections that affect risk and profitability

Facility Benchmarks: targeting facilities for improvement

Internal benchmarks help identify positive and negative portfolio outliers with an emphasis on targeting facilities for improved energy performance

External benchmarks provide a performance gauge for companies relative to competitors within the same vertical market segment

Measurement and Verification Measurement is essential to determine what’s working and what’s not

Page 10: IES WEBINAR: MOVING FROM DATA TO RESULTS

Big Data = Big Action

Are you doing this?

− Baseline and trend analysis

Page 11: IES WEBINAR: MOVING FROM DATA TO RESULTS

Big Data = Big Action

Are you doing this?

− Baseline and trend analysis

− Forecasting

Page 12: IES WEBINAR: MOVING FROM DATA TO RESULTS

Big Data = Big Action

Are you doing this?

− Baseline and trend analysis

− Forecasting

− Facility Benchmarking

o Internal portfolio benchmarking to support outlier identification

o External benchmarks to gauge performance relative to competitors

Page 13: IES WEBINAR: MOVING FROM DATA TO RESULTS

Big Data = Big Action

Are you doing this?

− Baseline and trend analysis

− Forecasting

− Facility benchmarking

o Internal portfolio benchmarking to support outlier identification

o External benchmarks to gauge performance relative to competitors

− Measurement and verification

Page 14: IES WEBINAR: MOVING FROM DATA TO RESULTS

How Did You Fair?

5/5 – You are an energy cowboy or cowgirl!

4/5 – You are on the right track!

3/5 – You are aware, but need a push!

2/5 – You’ve taken a first step, but need a plan!

1/5 – We’re here to help!

Page 15: IES WEBINAR: MOVING FROM DATA TO RESULTS

Summary

If the data is there, lets use it!

There are ways to get to a full, data driven energy management program

Page 16: IES WEBINAR: MOVING FROM DATA TO RESULTS

Upcoming Webinars

INSIDE ENERGY & SUSTAINABILITY SERIES

Big Data Energy Trends and Highlights – May 10th

Resource Benchmarking Report: Demo and Solutions Overview – with Special Guest Walgreens – June 14th

Questions: [email protected]

Page 17: IES WEBINAR: MOVING FROM DATA TO RESULTS

Q&A

Page 18: IES WEBINAR: MOVING FROM DATA TO RESULTS

Thank you!