Manufacturing processes consume a significant amount of energy, of which approximately 30% is wasted every year and this accounts for a substantial portion of production costs. There can be several factors responsible for this wastage such as outdated equipment, inefficient lighting, leaky air compressors, and inadequately utilized heating/cooling. Energy wastage coupled with fluctuations in demand negatively impacts an organization’s bottom-line and sustainability goals. Can implementing AI in energy management prove effective here? Read how AI-powered Energy Management Services Program helps in improving energy efficiency.