Is Your APM Future-Ready? How to Scale Renewables Asset Management in the IRA Era
Many of today’s renewable energy owners, operators, and asset managers are struggling to keep up as the industry’s rapid pace of change continues. Whether it’s increasing portfolio size and complexity, data silos, inefficient workflows, or increasing costs — or all of the above — these growing pains aren’t going anywhere.
We’re at a tipping point as an industry. What worked in the past won’t necessarily work in the future. And, if the rate of growth and change will only increase, the question is: Do your tools, teams, and technology have what it takes to stay on top of the growth that’s ahead of us?
The Need for Scale
When we talk with customers and others in the industry about what they need to scale successfully, the answers are consistent. They need tools they can trust to help them stay lean and keep costs down as they scale.
They want data they can trust — available when, where, and how they want it. And they need tools that help them adapt rapidly to changes and that increase team efficiency and effectiveness.
This need is what drove Power Factors to acquire Greenbyte, 3megawatt, and Inaccess over the last few years. And, over the last 18 months, our team of 100+ developers has been hard at work weaving the best of these platforms together to build a next-gen asset management solution for renewables that can stand up to the challenges our customers are facing.
Watch Part 1: The Need for Scale to learn more about how Power Factors helps you keep costs down and scale your operations.
Trust Your Data
A common problem across the renewables industry is that many people find themselves spending the bulk of their time trying to determine if their data is trustworthy — or trying to access the data they need when they need it.
And, when teams are working across time zones and geographies trying to manage increasingly large and diverse portfolios, this time spent data wrangling means less time spent on higher-value activities that drive real-world results.
What the industry needs are advanced tools to take care of the data for them — tools to remove the noise and deliver clean, trustworthy data at scale.
Watch Part 2: Trust Your Data to learn more about how Power Factors delivers data you can depend on.
Adapt to Rapid Change
Organizations trying to stay on top of rapid change and growth need tools that can scale and deliver trustworthy data. But that’s not all. They also need these tools to be configurable so they can be adapted as industry and business conditions shift.
Power Factors understands that most businesses in renewable energy don’t have a team of developers. That’s why we offer out-of-the-box configurations designed by industry experts and informed by our 200+ GW customer base. But we also understand the need for easy customization, enabling you to further configure our solutions with clicks — not code.
Watch Part 3: Adapt to Rapid Change to learn more about how Power Factors balances standardization and customization to give you the best of both worlds.
Interested in learning more about how Power Factors’ solutions deliver the trusted data you need to scale and the configurable tools you need to adapt to rapid change? Get a demo.