Energy Innovation Capital (EIC) is a venture capitalist working alongside other experienced entrepreneurs to develop advanced technology and business models in the energy sector. In the following article, EIC Energy discusses Kelvin Mapping, a revolutionary technology that combines human input with artificial intelligence.
The phrase “carbon emissions” has been tossed around quite often recently, and there’s good reason for it. Striving toward 2030 emissions goals is a large, difficult task. But Kelvin Maps can help.
Kelvin Maps is a first-of-its-kind software that helps companies measure, monitor, and reduce their carbon emissions. It also provides a full-scale look at an enterprise’s supply chain and manufacturing process to determine where changes are needed most. It provides incredible value to companies looking to meet strict emissions goals by the 2030-year goal.
Below, Energy Innovation Capital discusses how Kelvin Maps work, and why it’s so beneficial for large-scale enterprises to use.
What Kelvin Maps Do
Kelvin Maps were designed to help corporations reach global emissions goals. It looks at a company’s manufacturing process, production line, and supply chain to identify issues. It works to optimize the entire process by highlighting which areas of production need attention.
One of Kelvin Maps’ key features is that it will simulate production scenarios in real-time. It allows companies to virtually input new, greener solutions into their production line and receive immediate feedback on the outcome of these supposed changes.
Kelvin Maps uses artificial intelligence (AI) software to pinpoint key areas of the production line that are emitting higher levels of carbon emissions. The interactive software provides detailed information on how industrial production lines perform in order to optimize flow, reduce emissions, and prevent failures.
The Details
Essentially, Kelvin Maps is a monitoring and control system, but smart, adaptable, and interactive. Below are more in-depth details as to what it can do:
- Makes data visual and interactive, making it easy to visualize the entire production line as a whole rather than parts and pieces
- Automatically updates all personnel screens as changes are made for a simplified, unified approach to reducing carbon emissions
- Operational personnel can customize their screens to focus on their area of expertise
- Supplies detailed analytics including OEE (overall equipment effectiveness) and KPI (key performance indicator) calculations
- Supplies real-time collaboration via integrated communication systems such as Slack and Microsoft Teams
- Simulate updated process flows to visualize actual results before implementation
Benefits of Kelvin Maps for Large-Scale Enterprises
There are several reasons why large-scale industrial enterprises need Kelvin Maps. These include cost savings, efficiency, and delivering detailed information companies can’t get otherwise.
Cost Savings
Considering that carbon taxes are expected to increase by as much as 3000% by the year 2029, cost is one of the largest factors influencing many companies’ desires to reduce emissions as fast as possible. Of course, hiring an expert or company to evaluate a large-scale production line is not cheap. Kelvin Maps is a cost-effective solution that delivers a better outcome.
Plus, “going green” is one of the best ways for an enterprise to reduce its production costs long-term. Since Kelvin Maps allows business leaders to view their entire production line at once and identify every possible way they can reduce emissions, they find solutions to problems they didn’t know they had and end up saving money in the process.
Efficiency
Kelvin Maps allow operators and other personnel from every stage of the production line to communicate and collaborate in real-time. This makes it incredibly easy to develop new ideas and implement changes as a team.
Most companies don’t have a team dedicated to finding ways to reduce carbon emissions. There simply isn’t time for an in-depth, large-scale review of a production line this large. Kelvin Maps is the fastest way to get real-time information about the performance of the production line since its AI interactive software produces instant outcome results for all adjustments made in the program.
Detailed Information
When looking at how a production line performs, it is essential that everything from the fabrication of a specific material to the transportation costs of the final product is factored in. A lot of this information is incredibly difficult to obtain and analyze, but the Kelvin Maps software achieves both with ease.
The technology tells operators:
- What the root cause of a bottleneck is, and how to fix it
- What areas of the production line will benefit from automation
- Where in the production line and supply chain the most carbon emissions are coming from
- How efficiently machinery is performing, and what, if anything, is reducing its efficiency
Eliminates Risk
It’s no secret that making large-scale changes to any type of production line is extremely costly. Enterprises that need to meet demanding emissions goals undoubtedly have large budgets for the project, but money is never limitless. The last thing a functioning business needs is to spend large sums of money on implementing changes that don’t deliver the expected results.
Kelvin Maps eliminates financial risks of going green. Every change can be visualized and analyzed virtually before any money is spent on software, hardware, consultants and personnel, equipment, or anything else. Because of Kelvin Maps, enterprises have a clear path to ensuring that their investment will pay off.
