Denodo Redoubles Focus on Energy and Utilities
22 Mayo 2024 - 6:00AM
Business Wire
Enables energy and utility companies to
confidently embrace modern data and analytics capabilities
Denodo, a leader in data management, announced that the company
is expanding its efforts to provide energy and utility companies
with the necessary data management capabilities to gain advanced
capabilities and meet new renewable energy requirements, all while
remaining in compliance with increasingly stringent regulatory
demands.
Facing numerous challenges, including generating, managing, and
consuming new, decarbonized and increasingly digitized sources of
energy; maintaining resilience and sustainability in a time of
change; developing new technologies such as virtual power plants
(VPPs) based on intelligent operations; all while managing a rising
number of environmental, social, and governance (ESG) and
sustainability initiatives; energy and utility companies need to be
able to manage data so that it helps to overcome these challenges,
rather than adding to them.
The Denodo Platform facilitates this by providing real-time
access to data across myriad distributed energy resources, while
enabling the establishment of a unified semantic layer over all
data sources, to deliver data when it is needed, in the language
required by each data consumer. This provides energy and utility
companies with the foundation to overcome myriad known and unknown
challenges. The Denodo Platform enables such capabilities as
continuous monitoring and control, and makes it possible for VPP
operators to make fast, informed decisions in response to changes
in energy demand, pricing, and environmental conditions. By
enabling such capabilities, the Denodo Platform provides energy and
utility companies with a reliable foundation for innovation.
Denodo has a strong heritage in providing impactful data
management solutions to energy and utility companies, such as VTTI,
a Netherlands-based energy storage and developer of critical energy
infrastructure; BHP, a global resources company headquartered in
Melbourne, Australia; Engie Mexico, an energy company that is
committed to bringing energy to the people of Mexico; and Suez, a
French multinational corporation with operations in water,
electricity, natural gas supply, and waste management.
Hans Geurts, chief information officer for VTTI, says, “As a
rapidly growing organization in an uncertain geopolitical
environment, laying a strong data foundation was critical for us to
become data-driven. The Denodo Platform has helped us in
simplifying and standardizing our data infrastructure, while
boosting our business resilience.” The Denodo Platform acts as
VTTI’s single source of truth for enterprise resource planning
(ERP) data. The company leverages it to synthesize, combine, and
analyze operational insights to improve ways of working and address
inefficiencies in the operational micro-steps at the company’s
terminals. It also helps VTTI to visualize and understand product
trade flows through the terminals and various modes of transport,
helping VTTI’s commercial teams to better serve customers.
Joshua Fletcher, superintendent HSE, Reporting at BHP, made
similar statements about the effect that the Denodo Platform had on
the company’s business. “The Denodo Platform helps us to reduce the
overall size of the data sets that need to be moved over the
network. It helped us to create a logical data fabric that makes
our data assets reusable and can be consumed by users spread across
the globe.”
Luis Guadarrama, senior manager, Data Analytics and Innovation
at Engie Mexico, says, “The Denodo Platform delivers data quickly
and easily, which helps us to deliver value to the business and
democratize data access. Our business users might not understand
the technical part, but they do understand that there’s something
called ‘the Denodo Platform’ that helps them to connect to data in
an easier way, to make better decisions.” Engie Mexico leveraged
the Denodo Platform to enable a variety of strategic initiatives,
including web services that help hundreds of thousands of customers
to balance their use of natural gas, chatbots that assist in
problem resolution, and machine learning (ML) algorithms that
analyze the behavior patterns of business-to-consumer gas
customers.
Denodo believes that VPPs are the power plants of the future.
VPPs can run energy in the cloud, and they can supply renewable
energy on-demand, through innovative web-based interfaces that can
remotely link and manage homes with solar and battery storage.
Additionally, VPPs can feed power back to the grid during peak
times, to relieve the load and keep the network stable.
Denodo also believes that data-driven, intelligent operations is
a critical capability that can greatly assist utility CIOs in
designing fit-for-the-future assets that bridge physical and
digital phenomena. The Denodo Platform facilitates the development
of intelligent operations and VPPs through diverse capabilities,
including distributed energy resource management, predictive
analytics for maintenance, and optimization of energy assets.
“Advanced data management technology will be essential in
enabling new capabilities that oil and gas companies need to
thrive, both now and beyond the energy transition,” said Paul
Moxon, SVP Data Architecture and Chief Evangelist at Denodo. “Power
plants of the future will operate in an eco-centric, distributed
manner, enabling the data-driven, intelligent VPPs of the future.
The Denodo Platform, with its ability to provide real-time data
access to increasingly diverse data sources, will underpin success
by providing energy and utility business users with access to data
at the speed of business.”
For more information:
- Denodo in Energy & Utilities
- Seeking a Data-Driven Transformation: Challenges and
Opportunities in the Energy and Utilities Industry
- Case Study: Total SE
- Webinar: Suez
About Denodo
Denodo is a leader in data management. The award-winning Denodo
Platform is the leading logical data management platform for
delivering data in the language of business, at the speed of
business, for all data-related initiatives across the organization.
Realizing more than 400% ROI and millions of dollars in benefits,
Denodo’s customers across enterprises in 30+ industries all over
the world have received payback in less than six months. For more
information, visit denodo.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240522149387/en/
Media Contact: pr@denodo.com