Business today is changing rapidly. They way we conducted business ten years ago looks and sounds completely outdated compared to how we conduct business today. In today's business everything is virtual, we now have virtual office spaces, outsourced CFO's and virtual assistance. In the same way sales professionals can now close sales without the need to travel across the country.
William Edwards Deming once said, "Management is not playing games; management is prediction". This quote, describes perfectly, a vital aspect in the goal to manage your energy consumption and, by managing it, reduce it. The ability to understand your energy consumption, and then be able to predict future usage, is absolutely necessary, if you wish to reach your goals.
Measurement and Verification (M&V) is the term used to identify the process of understanding the savings achieved by an Energy Conservation Measure (ECM). There are many facets to a proper M&V, and I would like to take you through some of them and illustrate how Vitality Energy can help with your M&V.
Step IV: Create a Proper Baseline
Did you know that Vitality can give you real-time energy information at your fingertips on any internet enabled device? Check out a quick demonstration of how Vitality handles Real-Time energy data in action!