by Steven Mauss, CEO and President at Knowledge Relay, Inc.

In 2025, power generation plants will face increasing pressure to optimize performance, reduce costs, and ensure regulatory compliance, as “the U.S. is set to break its electricity usage records, fueled by the power demands of AI technology and data centers.”

To meet this demand, effective data management and metrics are essential but too many plants lack the time, experience, or staff for it.  By outsourcing data integration, dashboards, reporting and analytics to Knowledge Relay, your plant can unlock the full potential of your data and gain a competitive edge.

Why Outsource?
By tapping our 40 years of industry best practices across ETL and data integration, dashboard development, reporting and analytics, power generation plants can unlock competitive market advantages, such as:

  • A Focus on Core Competencies:  With the critical skills and talent deficit impacting the U.S. Energy Sector, outsourcing specialized data management tasks allows lean in-house teams to concentrate on their core energy production competencies—engineering, online operations, offline operations, and maintenance.  By delegating nuanced, time-consuming data tasks to solution-as-a-service provides like Knowledge Relay, plant operators can allocate precious resources more effectively to strategic initiatives and energy production.
  • Tapping Industry Expertise:  Experienced providers bring a deep understanding of power plant operations, regulatory requirements, and industry best practices.  Because they serve multiple power generation clients, their technical teams are focused on bringing the latest advancements in data analytics, visualization, and reporting tools.

    For internal IT teams, there are many reasons why they should augment their IT processes with outsourced specialists.  For example, third-party IT expertise is often essential for energy companies moving from Oracle Primavera P6 to SAP PPM.  By incorporating real-time what-if analysis, power plant forecasts gain increased accuracy by accounting for market fluctuations, resource allocations, and project developments.  And by bringing together data from all your sources—including third-party systems for scheduling, cost tracking, and risk assessment tools—unified data dashboards can identify trends and potential risks early on.

  • Accelerating Time-to-Value:  By leveraging pre-built dashboards, automating ETL and data scheduling, and deploying industry-specific data models, critical data insights can be generated in a fraction of the time.  Such insights help plant managers to improve production, shorten planned outages, identify safety issues, and improve regulatory compliance.
  • Greater Scalability and Flexibility:  Outsourced providers, such as Knowledge Relay, can readily scale their data services to accommodate fluctuations in plant workload or changing business requirements—ensuring greater return on investment (ROI) and managing costs to meet plant budgets.  Knowledge Relay’s Solution-as-a-Service brings an agile approach that can also quickly respond to emerging data or IT trends (such as AI analysis) and employ new technologies tailored to your plant operations.
  • Lowering Costs:  By investing in outsourced expertise, plant operations can actually lower the costs associated with hiring, training, and maintaining in-house teams.  For example, Knowledge Relay’s unique “separation of layers” for power companies—aggregating diverse data sources, separating data processes from display mechanisms, then automating the entire process—reduces processing bottlenecks, speeds data jobs, and improves data reporting so teams can make better and faster decisions.  With this accelerated time-to-value, scalability, and flexibility, plant executives can achieve measurable ROI from outsourced efforts, all while positioning themselves for the future as AI becomes more mainstream.

Five Keys to Successful Outsourcing
To maximize the benefits of outsourcing, power generation plants should consider these five important factors:

  1. Defining Clear Objectives and KPIs:  By defining the desired goals and outcomes up front—such as improved operational efficiency, reduced downtime, or enhanced decision-making—power companies and their outsourced providers can develop measurable metrics to track progress and evaluate the success of the outsourcing effort.  Such success inevitably includes demonstrable ROI.
  2. Ensuring a Robust Data Governance Framework:  Industry best-practices for data security and privacy ensure compliance with industry regulations and data protection standards; while establishing clear protocols for data access, sharing, and ownership protects intellectual property and builds competitive advantages in data operations and analysis.
  3. Constant Communication and Collaboration:  When leveraging outsourced data providers, power companies must foster open and transparent communication between the in-house team and the outsourced experts.  Regular meetings to discuss project status, address concerns, and align priorities are critical to keeping in-house teams focused on core competencies, knowing the outsourced providers are delivering measurable value.
  4. Tenacious Vendor Selection and Evaluation:  Power companies should carefully evaluate potential providers based on their experience, expertise, track record, and alignment with your organization’s goals.  Defining specific service levels, response times, and performance metrics immediately ensures outsourced providers are working in lock-step with power generation goals.
  5. Ongoing Monitoring and Optimization:  Both power companies and their outsourced providers should continuously monitor performance against agreed-upon KPIs.  Regular reviews and real-world adjustments to objectives and KPIs ensure the outsourced relationship delivers the expected value and ultimate ROI.

By strategically outsourcing data integration, dashboards, reporting and analytics to industry experts like Knowledge Relay, power generation plants can unlock significant value.

Leveraging third-party best practices enables your team to focus on core competencies, accelerate time-to-value, improve data quality, and achieve cost savings.  By carefully considering the five key factors outlined above, power companies can successfully implement outsourced data services that drive sustainable plant performance improvements.

Learn More About Knowledge Relay

We've helped large-scale enterprises accelerate effective decision making through systems integration, data migration, and reporting.

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