The power of community: How real-time data-sharing will transform power operations

Posted: September 14, 2023

In the ever-evolving landscape of industrial operations, the power sector stands at the forefront of innovation. As the industry continues to push for greater efficiency, sustainability, and digital transformation, one challenge still remains: Sharing real-time operations data across a diverse group of stakeholders—especially those operating outside the organization. Now, thanks to CONNECT data services real-time data-sharing is finally possible. By allowing power companies to simply and securely create industrial data communities, CONNECT is reshaping the way data is shared, managed, and harnessed in the power industry.

What is CONNECT data services

CONNECT data services is a cloud-native SaaS solution that serves as the foundation of a connected data ecosystem. This bidirectional data-sharing solution brings together business partners, service providers, analytics providers, and customers, fostering real-time collaboration and enabling key stakeholders to weigh in directly from the interface. Not only does CONNECT data services eradicate reliance on slow, manual data-sharing methods, it replaces them with a purpose-built, secure avenue that is capable of handling the complexities of industrial data.

Users can visualize shared data directly within CONNECT data services using the trending feature, transfer it into Power BI through the native Power BI connector, or share it via REST APIs with custom applications, artificial intelligence (AI) or machine learning (ML) platforms, or third-party analytics tools like Grafana.

The benefits of CONNECT platform services are limitless. For example, equipment manufacturers can now closely monitor product performance, enabling them to proactively identify potential failures and use predictive maintenance to drastically reduce equipment downtime. Analytics companies can gain streamlined access to aggregated data, leading to faster model development, accelerated time-to-value, and much more.

How can data sharing with CONNECT benefit the power industry?

CONNECT is designed to enable power organizations to seamlessly bridge data silos and collaborate more effectively with their broader ecosystem by sharing complex industrial data simply and securely in real-time and at scale. Power companies can easily connect with trusted business partners in a common data environment and maintain granular control over the data they share with each business partner, no matter where the operations data is stored.

Data owners create and oversee a secure, multitenant data repository where authorized participants can access data streams and contribute their own insights. In addition, data can be consumed by non-expert users, ML algorithms, and business intelligence tools, eliminating the complexities of data wrangling and extracting maximum value from operations data without complex development or integration.

The synergy among power companies and their business partners within a connected ecosystem is fostering more efficient operations, reducing equipment downtime, optimizing for profitability, and increasing customer satisfaction with better reporting and increased transparency.

Communities data sharing within the power ecosystem of partners

Are you ready to create a connected data community?

Creating a secure, connected data community is closer than you think—and it can give you the insights you need to transform your power operation. CONNECT data services supports a seamless transition to the cloud, allowing trusted stakeholders to access select data without requiring development assistance. Natively built for the cloud, it is the data management layer within CONNECT. It aggregates, contextualizes and facilitates secure sharing of loT edge and plant operations data from OT to IT, enabling remote monitoring, analysis, and advanced analytics at scale.

Are you ready to step into a connected, efficient, and data-driven future? Talk to one of our experts to learn what CONNECT can do for your power organization.