Automatic data collection, purposeful analysis and alert on deviations to appropriate people is a key to sustained energy cost savings.
Sam Hoff, president of Patti Engineering. suggests to start collecting data only after one has identified the problem. See IIoT project success: First identify the problem, then begin collecting data. I think he meant to say "problem area", because if you know what the problem is - you do not need more data, you need [...]
Various terms are used in relation to collecting and processing of energy consumption data. Some of the more common terms are submetering, energy management information system, monitoring and targeting (M&T), measurement and verification (M&V). Although these terms relate to overlapping activities, they are not equivalent in content, cost and, most importantly, in value for business. [...]