IFS systems have APIs that provide flexibility, ensure GDPR compliant data management, ease the design of services and functionalities, opening up opportunities for innovation.
In fact, the data of the Energy companies are a highly valuable asset ready to produce the extra value by mining such data to extract the relevant infromation necessary to offer new services and busness models. For example, the introduction of the new 2G meters and the spread of IoT allows to collect extremely detailed consumption data that represent important sources of information for the business of the Energy companies.
In addition, IFS also develops value-added services using 3rd party public data (e.g. from TSO portal) or specialized suppliers (Weather Data) making them available to customers through standard APIs both to be used with IFS products and to be shared with 3r party systems, facilitating integration.