When devices become Internet-connected, new data-driven services are born, challenging the status quo of the market. To survive and grow in the world of IoT, one needs to break free from vendor-specific data silos and securely interoperate across multiple cloud infrastructure services. With Modulus, protect and build the data-driven business of tomorrow.
In every electron, there’s a bit of opportunity.
Energy systems are becoming more decentralized and complex, and margins for electrons are decreasing. At the same time, grids are allowed to have a very low power loss per customer per year and end customers are becoming prosumers. New privacy regulations also drive the need for complex rights management. Grid data and documentation is often stored in different databases and in different formats.
With Modulus, you can manage users, permissions, policies, and groups across all organizations and partners – government organizations, DSOs, retail organizations, service providers, etc. Modulus allows you to process data from all your IT and OT networks in a single environment to execute your plans with confidence.
To effectively manage their operations, wind farm operators typically interact with a variety of software systems to effectively manage their portfolios. Integrating these diverse systems is a significant interoperability challenge, but the resulting operational insights and performance benefits can be even more significant to their bottom lines.
Solar farm operators generate large volumes of data, but often lack the data processing workflows to properly analyze and transform that data into actionable insights. Over 50% of operators still manually construct spreadsheets for reporting purposes.
Modulus helps renewable energy owners and operators securely manage and distribute their data. Within these organizations, this may include sharing data between teams, business divisions, or key stakeholders. Data may also be shared with trusted partners and third parties such as OEMs, municipalities, regulatory bodies, contractors, or other data-driven service providers.
Securely govern your data while providing interoperability across systems while avoiding getting locked out of your data by vendors and platforms with conflicts of interest.
Modulus provides a solid foundation to future-proof your energy business
Be Independent – Govern Your Data
The Internet transformed consumers’ expectations for their interactions with businesses as well as the way that businesses manage their customer relationships. The currency that facilitates these new kinds of relationships is data – which can be sourced from consumer behavioral data, internal business data, and third-party data sets.
Creating value from this data requires combining, linking, analyzing, and, often, sharing it with internal stakeholders and external business partners. But in an environment data breaches and data leaks, misuse and misappropriation of sensitive data, and consumer privacy regulations have become boardroom concerns, how can sensitive data be protected while allowing the collaboration needed to facilitate value creation?
Ensure that information on or about a consumer is treated with the care and diligence required to make it useful. Understand what makes your customers tick, reach them, and share your insights across your ecosystem.
Modulus makes intelligent marketing and data-driven development possible. In the context of more stringent data regulation like GDPR, Modulus is indispensable to achieve success.
Taming unruly data sets
In today’s world, you need to work with a wide variety of partners. Typical solutions using geospatial data combine your proprietary data with a wide variety of data sources of varying ownership and sensitivity. Modulus gives you that capability to create policies that respect the rights associated with the data while making sure it’s shared with the right stakeholders.
Modulus’ Datahub (link to Datahub) has already integrated a wide number of geospatial and environmental data sources so you don’t have to. You can easily mix and match its data sources with your own proprietary data. It’s multiple data integration features make it easy to gather and access your data whether it’s streaming data from devices to data held in small local databases.
Instead of having to rely on built-in analytics that may not fit your business, Modulus is designed so that you can bring your own preferred analytics algorithms for analyzing driving behavior, system performance, etc., whether they are your own or a partners’. In the latter case, the analytics sandbox makes sure that third party algorithms can only access the data you want them to. The Trusted Traveling Companion can also move data analytics to where the data resides, not the other way around.
By 2020, 53% of all analytics is expected to include some sort of geospatial information.1 With the ever-increasing number of sensors showing up on land, sea, air, and space, the amount of useful geospatial information is growing rapidly. Yet, fighting through the tangle of open and proprietary data sources, incompatible data formats, and a wide variety of APIs is a daunting task for even the most seasoned development team.
With rich data interoperability features and trusted data governance backed by over two decades of experience, Modulus makes it simple to combine your proprietary data with a wide variety of geospatial data. Just as important, it gives you the ability to create fine-grained policy driven ways to share your information with partners, ensuring your ability to increase the usefulness of your data while maintaining control over it.
Unlock your medical data
Modulus’ feature set gives healthcare organizations the ability to securely manage and collaborate using data while complying with multiple regulatory regimes and maintaining the security and privacy of the data.
By 2022, the worldwide personalized medicine market is expected to reach nearly $2.8 trillion (1). Using patient data to help drive tailored medical regimens is at the core of this market. Yet, medical data is uniquely sensitive and subject to multiple regulations. Expecting medical professionals to also be data security and privacy professionals is not a realistic option.
Modulus helps solves these issues for all of the various stakeholders who handle healthcare related data. Modulus gives organizations the secure governance, flexible workflow, and scalability needed to meet the challenges of data security and privacy, while realizing the potential of the next generation of data-driven medical procedures.
(1) Statista, Grand View Research
Enhance your business with data security and control
As smart devices become more mainstream, consumers are increasingly wary of their information being shared with manufacturers and service providers. Connected door locks, thermostats, security cameras, and other smart home devices all generate data that is both useful for new innovative services as well as extremely sensitive.
With Modulus, you can create smart home ecosystems that provide governed access to your customers’ data, ensuring their sensitive information is both secure and only viewable by authorized parties. Build smart home services that meet applicable privacy regulations and give your customers the confidence that their data is handled appropriately.
Put Your Data in the Driver’s Seat
By 2020, estimates are that nearly 2.3 billion connected devices will be found in cars and trucks worldwide (1). The wealth of data transmitted by these devices will be the raw material for the products and services defining mobility in the 21st century. Can you handle this tsunami of sensitive data safely while addressing all the new services you need to create?
Modulus gives you the security and built-in policy graph-based data governance functionality you need to make this happen. Combined with the flexibility of a modular design that can handle the wide variety of data you will need to work with, Modulus gives you the confidence to tackle the data-driven automotive future.
(1) ABI Research, October 2017
Connected car data will drive a wide variety of products, services, and business models, from predictive maintenance to targeted advertising to autonomy. Modulus can be deployed either in your cloud or in public clouds to give you the secure data governance features needed to free up your data so it can be even more useful.
Maintaining trust in the data flow
Using connected device data means that insurance companies need to work with multiple partners such as electrical utilities, telecommunications companies, smart home and industrial device OEMs in ways they have never done before. The Modulus trusted data rights management platform gives insurance service application developers multiple security and data governance features as well as data integration capabilities to work with these partners so they can focus on other tasks.
Insurance is an industry whose very lifeblood has been data for quite some time. In the 21st century, the ubiquity of connected devices and sensors and their data streams are driving massive opportunities for new services and business models for the insurance industry. Whether it’s using smart home data for services that avoid home insurance claims or smart farm operational data to finely hone crop and livestock insurance premiums, insurance firms face one major hurdle: gaining the trust of their customers to handle sensitive data.
The Modulus trusted data rights management platform provides multiple data governance features for ensuring privacy and security. It is uniquely suited to give insurance companies the capability to develop new services and applications that give confidence to all the stakeholders involved to share data for their mutual benefit.
Allowing data to fly
Aerospace firms have to grapple with integrating and making sense of a wide variety of data types from open environmental data all the way to schedules for maintenance personnel and parts delivery. Modulus features multiple data integration and governance technologies to make this happen in a secure, controlled manner.
Aerospace is an industry uniquely tied to the very beginnings of “big data” applications used in the design of cutting edge vehicle frame and propulsion technologies. Today, whether it’s feeding real time aircraft operation data to digital twins in the cloud to systems predictive maintenance to monetization of customer and sensor data while respecting privacy, the aerospace industry is facing a new set of digital challenges and opportunities in the 21st century.
The Modulus trusted data rights management platform brings the secure data governance, flexible architecture, and data integration features that aerospace companies need to create applications that can collaborate and compete in today’s data-driven marketplace. With Modulus, aerospace companies can maintain security and control over their data, while taking advantage of a neutral third-party platform that their suppliers don’t control.