Bock North America saved over $98,000 annually with Edgecom Energy
Edgecom’s Energy’s pTrack® and dataTrack™ were pivotal in Bock North America’s energy management strategy, offering a cost-effective, easy-to-install solution that provided real-time insights, enabling informed decision-making. The positive impact on energy savings and peak demand reduction underscored the effectiveness of Edgecom’s solution in meeting the specific needs of Bock North America’s manufacturing facilities.
Products Used
- pTrack®
- dataTrack™
Industry
Manufacturing
How We've Helped
GA Savings in the First Year
Peak Demand Factor Reduction
Peak Prediction Accuracy
Challenge
Bock North America, a prominent player in producing office furniture and its components, faced the challenge of reducing electricity consumption and optimizing energy usage across its extensive manufacturing facilities. The company sought a solution to monitor and manage their energy usage effectively and turned to Edgecom Energy’s AI and IoT solutions, pTrack® and dataTrack™.
- Need to reduce electricity consumption and optimize energy usage.
- Monitoring equipment required for 18 injection molding machines producing high-quality office furniture components.
- Desire for real-time data and alarms to ensure adherence to energy usage tolerances
Solution
Bock North America implemented pTrack® and dataTrack™, two of Edgecom Energy’s AI and IoT solutions. pTrack® is a premier solution for coincident peak prediction. Harnessing cutting-edge data science, machine learning, and AI technologies, pTrack® delivers precise forecasts to help facilities stay ahead of provincial energy demands and optimize consumption. Its AI models boast an outstanding 99.1% accuracy in demand and price forecasting for Ontario, showcasing unparalleled reliability.
dataTrack™ is a real-time dashboard for monitoring energy, water, and gas usage. Gain immediate insights to cut costs, minimize machine downtime, and boost production yield. The user-friendly platform presents up-to-the-minute data, empowering managers to make informed decisions. It also detects inefficiencies and proactively addresses machinery issues to prevent costly disruptions.
Results
Implementation and Benefits
- Ease of Installation: The modules were easy to install, requiring minimal effort and time.
- Real-time Monitoring: The system provided real-time data, allowing immediate insights into energy consumption.
- Alarm System: Customizable alarms helped ensure energy usage remained within specified tolerances.
- Granular Level Monitoring: Monitoring at an individual equipment level allowed for targeted adjustments.
- Comprehensive Reporting: The reporting capabilities exceeded expectations, providing valuable insights for upper management.
- Cost-Effective: The investment in Edgecom’s monitoring solution was minimal compared to alternatives.
"The amount of savings we have this year, we're on track for over $100,000 to $120,000 in energy savings this year. Our peak demand factor lowered by over 40% which is amazing."
Brandon Hastie, Industrial Engineer
Solution Provider
At Edgecom Energy, we empower large energy consumers to take control of their energy costs and reduce emissions by harnessing the power of IoT and AI solutions. Our innovative technology helps you optimize energy usage, save money, and contribute to a greener, more sustainable future.
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