The 28th United Nations Climate Change Conference (COP28) held in Dubai underscored the critical role of technology in shaping a net-zero future for our planet. At the heart of this technological revolution lies the mobilization of data, presenting a key to sustainable innovation and progress. The conference highlighted discussions on leveraging data to fast-track global net-zero strategies, emphasizing its collection, processing, analysis, and distribution.
The IDC’s Global DataSphere Forecast for 2021-2025 projects a staggering growth rate of 23% in the global datasphere, reaching a monumental 184 zettabytes by 2025. For industrial businesses, delving into this data offers a plethora of benefits. It unveils deeper insights into critical operations, enhancing efficiency, optimizing energy usage, reducing waste, fostering closer supplier partnerships, and enabling more accurate decision-making.
In a fiercely competitive business landscape, sustainability has become a linchpin for success. Prioritizing sustainability empowers industrial companies to create value for stakeholders while enhancing environmental performance. The crux of this approach lies in Industrial Intelligence-as-a-Service, exemplified by AVEVA’s cloud-native software-as-a-service solution, AVEVA Data Hub, seamlessly integrated with the AVEVA PI System. This empowers organizations to transition operational data to the cloud gradually, facilitating secure real-time data and analytics sharing on a unified digital platform.
AVEVA’s suite of data-led software solutions, built on the Microsoft Azure cloud platform, is already steering industrial businesses worldwide to address complex challenges such as carbon emissions reduction and supply chain efficiency improvements. The partnership with Microsoft leverages AI, digital twins, big data, analytics, and human insights integrated into the cloud, enabling real-time collaboration and innovation. By amalgamating data sets across individual and partner business operations, companies can make informed decisions, enhancing design and operational efficiencies for sustainable gains.
The collaboration between AVEVA and Microsoft has notably impacted Enel, the global renewable energy giant. Enel, with AVEVA’s support, established a real-time digital data backbone, incorporating AI-infused analytics to eliminate data silos and predict potential failures across its vast network. The result? Over 220 real events detected early, preventing asset failures and optimizing performance across 20 gigawatts and 1,275 power generation assets.
In a different context, the City of Salem in Oregon utilizes data analytics to safeguard its drinking water from harmful algal blooms. Deploying sensors in Detroit Lake, the city collects diverse data sets, including algal activity, toxins, allergy levels, and weather data. Real-time AI models constructed from this data alert city authorities to potential algal blooms, ensuring proactive responses and maintaining water quality at all times, exemplifying the power of data-driven decision-making.
These success stories exemplify how cloud-based digital collaboration, driven by integrated data management solutions, can deliver significant sustainability outcomes. From improved collaboration and reduced energy consumption to slashed emissions and enhanced circularity, businesses can harness the power of organizational data to unlock innovation and drive growth across the industrial ecosystem.