Panoramic Power has released a device-level energy monitoring solution designed to shine a light on operational inefficiencies by providing visibility into energy consumption and mechanical performance.
Panoramic Power offers wireless self-powered sensors that monitor each energy-consuming device within an enterprise, and send energy data from each device to a cloud-based analytics platform, PowerRadar. Lights, registers, HVAC, refrigeration and other assets are tracked, benchmarked and monitored for optimal efficiency.
“A retailer’s energy costs could represent 5.5% of its store’s operating costs, so driving a 15% reduction in energy costs would increase its profit margin by 18.7%,” said Adam Siegel, Senior VP of Research, Innovation and Sustainability at the Retail Industry Leaders Association.
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With an ongoing stream of information pulled from energy use, data collected via the sensors can create a profile of retail equipment’s operational health at both the device and system levels. When behavioral anomalies are detected at the earliest stages — prior to any malfunction or any detrimental effects on production — notifications are sent to the relevant parties, ensuring the opportunity for preventative intervention
