IT/OT Convergence Gets New Dimension for the Energy Transition: ESG

Author Sticky

Tracy Swartzendruber

Vice President, Marketing, Power and Energy Resources Software

GE Vernova’s Software Business

Tracy has more than 20 years’ experience bringing high-value products and services to market within a multitude of business-to-business verticals – using both traditional and digital marketing strategies. She’s passionate about connecting industry with solutions that benefit the bottom line and support a healthier planet. She holds a journalism degree and MBA from Western Michigan University.

Aug 14, 2024
3 minutes

The convergence of Information Technology (IT) and Operational Technology (OT) has been a significant trend for enhancing efficiency, reliability, and decision-making for some time now. However, a new dynamic is emerging as Environmental, Social, and Governance (ESG) considerations make their way into this convergence as the energy industry seeks to achieve both operational excellence and net-zero goals. A prime example of this convergence is the deployment of carbon emissions management software, which supports ESG practices and relies on an IT/OT foundation.

Understanding IT/OT Convergence

Traditionally, IT and OT operated in silos. IT focused on business and administrative operations, data processing, and communication technologies closer to the board room, while OT managed the physical processes and industrial control systems closer to the field or plant floor. The convergence of these domains in recent years allows for seamless data flow, improved analytics, and enhanced control over industrial operations.

This integration facilitates better predictive maintenance, real-time monitoring, and data-driven decision-making. GE Vernova’s Asset Performance Management (APM) is a prime example of software that thrives on the convergence of IT and OT. The result? Increased insights that power operational efficiency and reduced downtime that’s relied upon by hundreds of industrials globally.

As noted previously, the landscape is shifting. ESG factors, particularly carbon emissions management, have become a critical component of this technological synergy. As such, they’re driving yet additional innovation.

The Role of ESG in IT/OT Convergence

ESG principles are increasingly shaping business strategies as some investors, regulators, employees and consumers press for greater transparency and accountability in environmental practices. For industrial companies, this means embedding ESG metrics into core operations, with a significant focus on reducing carbon footprints.

Carbon emissions management is a new software category at the forefront of this integration. By leveraging the combined capabilities of IT and OT, this new software can provide comprehensive monitoring, reporting, and reduction strategies for carbon emissions.

Carbon Emissions Management Software: CERius™

GE Vernova’s own carbon emissions management software, CERius, exemplifies how IT/OT convergence can drive ESG goals. This software collects data from various sources, including operations, energy consumption, and supply chain activities; and leverages artificial intelligences to analyze it. Here’s how it makes a difference:
  1. Real-Time Monitoring and Reporting

    • Sensors and IoT devices integrated with OT systems capture near real-time data on emissions. This data is transmitted to the software for analysis, providing ESG insights, such as emission levels.

    • Dashboards and analytics tools offer visibility into carbon footprints across teams, enabling companies to track progress against ESG targets and facilitate a one-team approach.
  2. Predictive Analytics and Optimization

    • Machine learning algorithms analyze historical and near real-time data to predict future emission trends. This predictive capability allows companies to implement proactive measures to reduce emissions.

    • Optimization tools help in identifying inefficiencies and suggest improvements in processes, energy usage, and resource allocation.
  3. Compliance and Reporting

    • The software helps with regulatory compliance by automating data collection and reporting. This reduces the administrative burden and reduces the risk of non-compliance.

    • It provides detailed reports that can be used to communicate sustainability efforts to stakeholders, enhancing transparency and credibility.
  4. Sustainable Decision-Making

    • By integrating ESG metrics with operational data, companies can make informed decisions that balance operational efficiency with environmental responsibility.

    • Scenario analysis tools allow businesses to assess the impact of different strategies on their carbon footprint and overall sustainability performance.

The Future of IT/OT and ESG Integration

As ESG goals further work their way into business KPIs, the integration of IT, OT, and ESG is set to become the norm. Companies that embrace this convergence will not only enhance their operational capabilities, but also contribute towards a sustainable future.

Carbon emissions management software showcases how this integration can lead to improved efficiency, regulatory compliance, and insights that can lead to reduced environmental impact. Moving forward, businesses that leverage these technologies will be better positioned to meet the demands of a net-zero future.

Author Section

Author

Tracy Swartzendruber

Vice President, Marketing, Power and Energy Resources Software
GE Vernova’s Software Business

Tracy has more than 20 years’ experience bringing high-value products and services to market within a multitude of business-to-business verticals – using both traditional and digital marketing strategies. She’s passionate about connecting industry with solutions that benefit the bottom line and support a healthier planet. She holds a journalism degree and MBA from Western Michigan University.