Tata Consultancy Services' IoT and cognitive intelligence solution helps organisations become energy efficient, reduce greenhouse gas emissions, and meet financial and sustainability goals
Mumbai: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, has launched TCS Clever Energy™, an enterprise-level energy and emission management system that helps commercial and industrial organisations be more sustainable, ensure energy and cost efficiency, decrease carbon emissions, and reach their carbon neutral goals.
In the new normal, energy usage patterns are unpredictable, and the size and complexity of enterprise operations pose a challenge in understanding the energy footprint as well as opportunities for conservation. TCS’s innovative new solution addresses this challenge and helps organisations become more purpose-driven and greener enterprises.
Powered by Internet of Things (IoT), artificial intelligence (AI) and cloud, the TCS Clever Energy solution has a strong data acquisition capability to connect heterogeneous operations technology and information technology systems across the enterprise. Additionally, an in-built digital twin setup and AI/ML-based data models with augmented intelligence provide an integrated energy view, helping organisations take informed decisions through predictive analytics, become more energy efficient, and meet their financial and sustainability goals. This solution recently won the 2020 IoT Global Award for its unique proposition.
“Progressive enterprises are harnessing the power of IoT, data and analytics to reach their carbon-neutral goals without significant new investments,” said Regu Ayyaswamy, global head, Internet of Things and Engineering and Industrial Services, TCS. “TCS Clever Energy is a holistic solution that uses data science-based asset energy twins and prediction and forecasting models leveraging in-built AI/ML algorithms to provide actionable insights on energy demand and consumption, carbon emissions and asset energy performance.”
An early adopter of the TCS Clever Energy solution is the Landmark Group, headquartered in Dubai. Rajesh Garg, group chief finance officer, Landmark Group, said, “Firstly, congratulations to TCS on winning the 2020 IoT Global Awards. The TCS Clever Energy leverages the power of cognitive technologies like IoT, Edge and artificial intelligence to improve energy efficiency and reduce carbon footprint. We have implemented this solution across our retail stores, warehouses, offices and malls and have started realising the energy savings. This step goes a long way in meeting our group’s sustainability targets and expanding our clean energy goals, which in turn helps us become more cost-competitive and innovative as a business.”
“Accurate and reliable energy data with analytics can transform business processes down to the device level with energy savings, lower operating expenses and smaller carbon footprint,” said Ralph Rio, vice president, ARC Advisory Group. “TCS Clever Energy™ solution provides a comprehensive solution for industrial companies by leveraging its strong data acquisition capability and AI/ML based data modeling to optimise usage of water, air, gas, electricity and steam (WAGES)."
