The iEcoNet is a digital platform with a focus on creating intelligent ecosystems and hyper-network capabilities for our customers and users.
The iEcoNet is built upon four imperatives that create the unique value proposition for our customers: hybrid platform, network orchestrating, everything-as-a-service and single view. These four imperatives also make the platform scalable, sticky, subscription-based and viral in nature.
A hybrid platform is defined as a platform that enables innovation, transactions and integrates systems into one system.
Many believe the holy grail to data is the single view experience. Single view of the right data for the right person, at the right time for the right decision. The iEcoNet makes this desired outcome a possibility.
As for the business imperatives that often drive core revitalization efforts, the pace of technological innovation continues to accelerate, offering ripe opportunities to rewire the way companies work, engage their customers and business partners, and compete. Can legacy core systems support these innovations and the strategies they drive? And are core assets sufficiently flexible and scalable to meet the business needs going forward?
Everything a service (XaaS) envisions business capabilities, products, and processes not as discreet vertical offerings operating individually in silos, but, rather, as a collection of horizontal services that can be accessed and leveraged across organizational boundaries.
Networks have big advantages as described by the authors of The Network Imperative: “Connecting things creates great power. A link, a channel, a highway—all act as permanent conduits over which many things can flow. Networks, pathways between many nodes, have always been important to the economy.”
The iEcoNet architecture leverages this very important imperative and includes these key elements: customer-centric, convergent architecture, and networking people, assets, and IoT.
THE DIGITAL TWIN
A digital twin is a virtual model of a process, product, production asset or service.
“What is new today is the method by which you can facilitate a digital twin strategy based on advanced technologies like IoT, cognitive services and cloud computing to form the basis to develop and deploy dynamic applications and services that cater to enterprise and customer needs. Most recently, data and advanced analytics have enabled digital twin technology to do more than simply mirror key processes within physical assets. Now a digital twin strategy can use machine learning to predict outcomes based on historical data and algorithms specific to parts, systems, subassemblies and assemblies that further consider lifecycle states from as-designed to as-manufactured to as-maintained. Today, predictive analytics and advanced visualization allow us to explore or identify new opportunities and business models.”
The iEcoNet provides the key components of a digital twin when mapped correctly and integrated provide the following digital twin capabilities:
Data from assets, infrastructure, and IoT related to external data such as blueprints
Business logic or reasoning
Key measurements (KPIs)
Contextual data such as occupant behavior and required workflows
WHAT CAN YOU DO WITH iECONET?
It is estimated that retrofitting existing buildings with more efficient assets and building envelope components can reduce costs by up to 40%. The consistent challenge building owners and utilities face is ACCURATE INSIGHTS that are driven by ACCURATE DATA.
Leveraging the digital twin capabilities of the iEcoNet, building operators are empowered with data that comes from previously disconnected assets and systems. GIP bring this data together in a single view for new insights, optimized workflows, and monitored IoT and processes.
By optimizing systems and connecting people, owners and operators can use digital twins to reduce costs, avoid future costs, increase occupancy rates, and improve overall asset value.
iEcoNet applications are built on an open architecture that offers rapid deployment of digital experiences, accessibility through mobile, and agility for creating new business practices that capture the digital economy and the Internet of Things.