WHAT’S NEW?
Focusing on overnight consumption and comparing Q1 of 2020 with Q1 2022 the savings are clear, showing an annualised reduction of 6.3% or £123,500pa in electricity spend, equal to 131 tonnes of CO2e.
Having proven the positive impact of EMMA AI on savings and emissions, the EMMA platform has now been rolled out to all stores nationwide and expected savings should increase to around £200,000pa with a Return on Expenditure (savings over licence fees) in the hundreds of percentage points and with payback within a year. N.B. EMMA AI has no capital cost as it replaces invasive hardware with its AI engine, needing no additional infrastructure in most cases.
Conclusion What was learnt:
• Betfred had a mass of valuable data but no effective means to turn that into wealth creating activity. EMMA AI solved that.
• The size and shape of the estate; 1,400 locations many
of them quite small meant that it was uneconomic to optimise performance using traditional means. Only an AI solution could work in this environment.
• Throwing technology at people and telling them to get on with it doesn’t work. They need to be properly introduced to the opportunity, this creates and helped to absorb it into their daily work practises.
• A board level champion is a necessity.
Fred Done, Owner of Betfred said: “When I heard about EMMA AI, I honestly thought it was another gimmick, but the team at Optimal Monitoring have proved to be honest and easy to work with, delivering on their promise to make us great savings. You have got to love a product that does that.”
• Only an AI solution that requires no capex for infrastructure and no army of analysts (the AI engine does that) can deliver these sorts of results.
• Initial instructions from management to ‘switch off’ delivered positive impact but continuous, exception-led, communication is needed to maintain this in the long term.
• Only an AI solution can join the dots in an estate of so many small units to find the common threads of similar occurrences in different places and repetitive anomalies that otherwise go under the radar but when seen collectively are significant.
• It would never have been viable to achieve this level of saving with staff led analysis and communication.
• Use of AI technology delivers a very high return on investment, with low operational impact enabling energy management to become continuous and mainstream.
Call: 01494 435 106 Email:
info@optimalmonitoring.com
www.optimalmonitoring.com
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