As the world continues to evolve technologically, the Internet of Things (IoT) has become a game-changer in various sectors, including energy management. One of the most significant advancements in this field is the application of IoT in shutdowns, which has revolutionized energy management and efficiency. A key player in this transformation is FAT FINGER, a digital workflow procedure builder that empowers front-line teams to do their work correctly every time.
Understanding the Role of IoT in Energy Management
IoT is a network of interconnected devices that collect and exchange data, enabling them to interact and coordinate with each other. In the context of energy management, IoT devices can monitor energy consumption, identify inefficiencies, and suggest improvements. This technology is particularly useful during shutdowns, where energy management is crucial.
How FAT FINGER Enhances Energy Management in Shutdowns
FAT FINGER’s digital workflow procedure builder allows teams to create checklists, workflows, and digital procedures that unlock operational excellence. Its features include a drag & drop workflow builder, mobile & desktop workflows, dashboards, integrations, augmented reality, IoT device connectivity, and artificial intelligence coaching.
- Safety: FAT FINGER’s safety solutions include Take 5 Safety, near miss reporting, JSA/JHA, risk assessment, incident reporting, and journey report.
- Operations: In operations, FAT FINGER offers material inspection, quality control, shift handover, facility inspection/production rounds, line changeover, and field ticket.
- Maintenance: For maintenance, FAT FINGER provides a work order checklist, truck inspection checks, mobile asset inspection, shutdown/turnaround form, preventive maintenance inspection, and predictive maintenance.
Case Study: IoT and Energy Efficiency in Shutdowns
A case study that illustrates the effectiveness of IoT in energy management during shutdowns involves a large manufacturing company. The company used IoT devices to monitor energy consumption during a planned shutdown. The data collected helped identify areas of inefficiency and implement improvements, resulting in significant energy and cost savings.
Statistics Supporting the Use of IoT in Energy Management
According to a report by MarketsandMarkets, the global IoT in energy market size is expected to grow from USD 20.2 billion in 2020 to USD 35.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. This growth is driven by the need for operational efficiency, predictive maintenance, and asset management, all of which are key benefits of IoT in energy management.
Conclusion
IoT has revolutionized energy management, particularly during shutdowns, by providing real-time data that helps identify inefficiencies and implement improvements. FAT FINGER’s digital workflow procedure builder is a powerful tool in this transformation, enabling teams to create workflows and procedures that enhance operational efficiency. With the global IoT in energy market projected to grow significantly in the coming years, the adoption of IoT in energy management is set to increase.
Ready to unlock operational excellence with FAT FINGER? Sign up today or request a demo to see how FAT FINGER can transform your energy management practices.