German “Data as a Service” Enertech company Kaiserwetter has been designated as one of the top 10 companies delivering turnkey asset management solutions in the United States. The Top 10 Asset Management Solution Providers for Utilities in 2019 in the U.S. by the Utilities Tech Outlook magazine reflects the opinions of a distinguished panel of CEOs, CIOs and industry analysts.
Since the Paris Agreement, there has been pressure, not just on the countries that signed, but also on the U.S, after the announcement of their exit from the accord and, therefore, on renewable energy producers to drive efficiency.
In search for that efficiency, Kaiserwetter is a game-changer in the renewable energy business sector has developed its IoT platform called ARISTOTELES, built on the SAP Cloud Platform and using SAP Leonardo IoT capabilities. ARISTOTELES performs Smart Data Analytics and Predictive Analytics & Machine Learning for renewable energy assets and portfolios on a global scale.
The IoT platform aggregates technical, meteorological and financial data. As such, ARISTOTELES is transforming unstructured data into structured data, which is the basis for running analytics performed by the implemented algorithms. These digital features allow Kaiserwetter to maximize the performance of renewable power generation, as well as returns on investment while minimizing investment risks. This all leads to transparency, which is essential for all stakeholders such as power generation companies, investors and banks.
In the pursuit of achieving the objectives of the Paris Agreement, there is a clear common goal within the energy sector, which is to attract more private capital.
“Kaiserwetter plays a key role in combating climate change by driving investment in the renewable energy sector to help reduce climate change effects,” says Hanno Schoklitsch, CEO and founder of Kaiserwetter. “Our IoT platform ARISTOTELES provides the highest transparency and gives investors, as well banks, the insights they are looking for to minimize investment risks.”