The benefits of DaaS with KBC

DaaS acts as a broker between data generators and data recipients.

Because it is delivered as a cloud service, it means that the parties can simply connect existing data infrastructure (data loggers, smart devices, SCADA, historians, etc.) to the DaaS hub to send and/or receive data - no party typically has to install or maintain special equipment. A web-based portal is also available for visualization, reporting and notifications.

Because DaaS operates at arm’s length to each party, some of the benefits enjoyed are:

• No additional IT support burden
• Expandable and scalable
• Conforms with each parties’ existing standards
• Cost effective, secure and reliable
• Avoids anti-trust issues (when the parties are also competitors)

With WellShare, oil and gas producers can manage the performance of their assets even though operated by a 3rd party or joint venture partner. With WebTechnician, chemical companies manufacturing products sold on the basis of their performance can track the performance through their customer’s operations in real-time. With PowerShare, renewable energy generators can monitor assets operated by different contractors as a single fleet, by financial portfolio or by technology set. Other similar services serve the needs of vendor-managed inventory (WebVMI) and pipeline nominations (MeterShare).