Future Group implemented IBM Green Store platform & Reduced Carbon Footprint Driving 10% reduction in Energy Costs.

You are the CFO of your company and you drive the agenda of cost-cutting at any cost in your organisation. You scout for ways that can help streamline revenues and save a lot of monies for your organisation.

Of course, right technology decisions could be your saviour. Here’s a case where, India's largest retailer Future Group was looking for an enterprise solution to streamline new stores opening processes and renovation of stores. They wanted to Optimize Store Opening Schedule and Improve Cash flow by avoiding cost overrun issues during project execution. They were looking at digitizing the entire Project Execution process and improvising operational efficiencies for future store rollouts.

And, when the group reached out to IBM, with IoT and AI based solution, the group was able to reduce 10% of the energy cost.

IBM Services’ "Green Store" platform, built on IBM TRIRIGA Building Insights solution, monitors the real-time electricity consumption and facilitates centralized energy management and automated alert systems by leveraging IoT, Big Data and Analytics. The flexible and scalable SaaS based solution adapts to new consumption, weather and occupancy patterns to provide insights into key data points on Energy Usage and Wastage – offering predictions to future conditions leading to optimization of energy consumption and reduction in energy cost.

Join The Economic Times Lie Webinar, powered by IBM, and hear from Future Group and IBM on how IoT and AI based solution helped drive 10% reduction in energy cost.