To analyse the current market scenario and develop a framework for energy analytics service offerings for Wipro EcoEnergy
Student name: Mr Pulkit Khanna
Guide: Dr Kaushik Ranjan Bandyopadhyay
Year of completion: 2011
Host Organisation: Wipro EcoEnergy
Supervisor (Host Organisation): Mr Saju A. Josheph
Abstract: Wipro EcoEnergy (WEE) is a cleantech business of Wipro Ltd that provides intelligent,
sustainable alternatives for energy generation, distribution and consumption. It helps
customers reduce their energy footprint, recover higher energy efficiencies from energy
deployment and replace conventional with renewable energy sources and through
analytical transformation of energy data into sustainable solutions.
Energy Management Services refers to services and systems in an organization to achieve
energy efficiency through well laid out procedures and methods, and to ensure continual
improvement in energy management and efficiency.
There are various companies is what is called the Energy Management Services market.
These maybe categorized under the following heads, namely, building equipment
manufacturers, Pure play companies, IT & IT service companies and others. The report
analyses the competitive space, the various business models adopted within the Energy
Management Industry and presents a framework for WEE.
The total gamut of energy analytical services can be broken down broadly under two
heads:
1. Energy Cost saving Mechanisms
2. Revenue Generating Mechanisms
Under the Energy Cost saving mechanisms, specialized services such as:
• Energy Management & monitoring
• Remote Asset Management
• Peak Load Management
• Billing Reconciliation
• Predictive Maintenance
Under the Revenue Generating Mechanisms, the following specialized services are
included:
• Demand Response
• Energy Procurement
• Cap & Trade
Wipro has created capabilities for Energy Management & monitoring, as well as for
remote asset management, while capabilities for the remaining services need to be
created.
A framework has been developed and is indicative of the path to incorporate energy
analytics into WEE‘s core offerings to increase the total percentage savings and thus
earnings from a particular project.