Credit Counsel Inc Helps Clients Get Back to Business

Credit Counsel Inc.

MIAMI, FLORIDA, UNITED STATES, January 21, 2019 / — Having accounts in collections can slow your business to a halt. Credit Counsel Inc helps clients get back to what’s most important, focusing on growing their business.

At Credit Counsel Inc, we constantly get feedback from frustrated clients about how exhausting it can be to try and collect on an unpaid debt. That’s part of the reason we launched Credit Counsel Inc.

Our ultimate goal at Credit Counsel Inc is to help businesses and brands successfully collect on an unpaid debt and to get back to running their businesses. By creating a holistic approach to credit card collections, coupled with innovative technology and collection efforts, Credit Counsel Inc has created a complete ecosystem that works in favor of every client from start to finish.

We hear from small business owners daily about how helpless they feel trying to get customers to pay on time and to even collect on an unpaid debt. That’s where Credit Counsel Inc comes in, providing a proactive approach to making collections a top priority, giving each client a dedicated account specialist who will walk you through the debt collection process every single step of the way.

This also takes the burden off of your accounting, management and various other departments from making needless calls, exhausting resources, and getting burnt out on trying to collect an unpaid debt.

Credit Counsel Inc provides a thorough and comprehensive strategy that is specifically designed with your company in mind to maximize how much we are able to collect for your business, helping you return to what’s most important.

At Credit Counsel Inc we also remind businesses just how important it is to have a proactive approach to debt collection. We hear from so many clients that waited far too long to collect on an unpaid debt, and it makes the process more difficult, more time consuming, and ultimately more challenging to actually receive a payment.

At Credit Counsel Inc, we encourage all of our clients to streamline your invoicing process to make it clear and simple to receive payments on time, and it’s also crucial that your accounting department sends out invoices with enough time in advance so that the payee can make a payment on time and to the right department eliminating any potential pitfalls and errors that can occur along the way.

By providing a holistic approach to debt collection, Credit Counsel Inc has been able to help thousands of clients across the globe.

To learn more about Credit Counsel Inc, and to connect with them today, click here.

Bryan Powers
Web Presence, LLC
email us here

Source: EIN Presswire

FXDD Distinguishes Itself from the Competition Through User Resources and a Highly-Capable Customer Service Team

NEW YORK , NEW YORK, UNITED STATES, January 21, 2019 / — FXDD, a pioneering global leader in online financial trading, provides highly sophisticated tools and resources through it various trading platforms. Apart from access to six markets, over 60 forex pairs to trade in, and useful trading insight, FXDD distinguishes itself with quality award winning customer service and support in over 10 different languages.

Trading in international markets can be complicating and either require years of experience before developing trading savviness, or else require the help of professionals who have done most of the heavy lifting already. That’s essentially what FXDD has accomplished through their online user friendly trading platforms. through the FXDD trading systems, clients can swap back and forth between a range of trading types and tap into sophisticated, regularly-updated market research courtesy of the developing team.

FXDD is headed by the world-renowned Joseph Botkier, an industry leader and a revolutionary in international finance. As a global leader in trade, Mr. Botkier identifies market opportunities and discovers optimal ways of leveraging trends and predictions. “Providing fair and user friendly trading environments for our clients is our top priority throughout the last 15 years” says Mr. Botkier. he added “ we always strive to provide fair execution and deep liquidity to our clients, couple that with top notch financial education and technical analysis therefore providing our clients with the perfect trading environment to help them achieve their financial goals with FXDD”.

His expertise and passion for international trade extends to the dedicated service team that FXDD Trading users can access 24/5 via phone, email and live chat. Quality customer service is an invaluable asset for novice traders and experts alike, as the team can unravel technical difficulties or complex data without requiring users to ever exit the software. The FXDD customer service team is highly-experienced in international trade and capable of answering complex questions and meeting customer needs quickly and thoroughly in various languages including but limited to English, Japanese, Chinese, Arabic, Spanish, Italian, Russian and many more.

International trading, regardless of the various available markets, can be a complicated process, and many traders may not have the know-how to make the wisest investment decisions on their own. That’s where the FXDD team steps in to supply information on market trends, statistics on forex markets, comprehensive analysis of global currencies, and other assets that help clients make educated investments.

Traders success isn’t just dependent on intel and access to foreign currencies and markets. Sometimes technology––though it was designed to enhance the process––can act out or perform unexpectedly, which market data and foreign market research can’t fix. For such circumstances, the FXDD customer service team also acts as technical support to help users through difficulties with the software. FXDD users can contact company representatives by email or opt in for a callback option if they prefer, but the platform also offers clients speedy responses through a Live Chat feature.

As a leading trading platform in complex international markets, FXDD gives clients a lot of power and capability through their robust online trading software. Their broad offerings and their market- and tech-savvy customer service highly distinguish FXDD from other less-capable platforms.

Bryan Powers
Web Presence, LLC
email us here

Source: EIN Presswire

Perks Group is the Country’s Leading Affinity Program with National Discounts for Millions of Members



NEW YORK , NEW YORK, UNITED STATES, January 21, 2019 / — Perks Group provides it members unparalleled discounts on services and products across the country. Thanks to a range of unique benefits (namely regularly updated savings and easily-accessible discounts), Perks Group is considered by many to be the country’s leading affinity program.

Perks Group began in 1988 when the affinity program started offering their employer-sponsored savings program to companies with more than 1,000 employees. Today, they have grown to become one of the largest affinity programs in the country and offer millions of members discounts on necessary and luxury items alike.

Through the Perks Group app, appropriately named PerksConnect, members gain access to thousands of brand-name items available in the national discount network. The program saves its users thousands of dollars on everyday purchases including deals on gas, traveling expenses, groceries, local dining, shopping, attractions and more. The Perks Group brings together consumers, merchants, daily deal networks, manufacturers, and distributors into one easy-to-use and convenient program that benefits everyone involved.

From more exclusive beginnings, Perks Group today has been implemented into over 1,000 major corporations, colleges, & alumni associations across America. Because of this, the group has been able to continually improve their discounts and enlist in new partnerships with top organizations.

Member Advantages of the Perks Group Program

Regularly Updated Savings –– In certain affinity programs, members may have to rely on ongoing deals that can take days or weeks to refresh. Perks Group is different, offering PerksConnect users regularly updated savings depending on their location. Lists of savings are updated on occasion through the app so users can access a variety of discounts to fit their individual needs.

Growing Number of Providers –– Perks Group continues to attract new members with updates to their savings network thanks to new companies signing up regularly. When a business or company joins, they are promoted across the network so that current members can get acquainted with their offerings and connected with new deals. Because Perks Group continues to grow and take on new clients, the available savings program expands every day.

Easily-Accessible Discounts –– In 2011, Perks Group began offering mobile discounts through the PerksConnect app to make accessing savings as easy as opening a smartphone. But the group also allows members to use savings through several other methods: members can use an 800-number with a value code, download and print coupons, or use instant savings when making purchases online through a provided link.

National Coverage –– The affinity programs’ merchant network extends from coast to coast, providing a long list of available savings. And when members travel, their PerksConnect app keeps track of local deals no matter where in the country they travel to.

Perks Group helps businesses show employee appreciation by giving members access to a far-extending discount program and, in turn, encourage retention. Today, over 200,000 business locations throughout the U.S. honor perks discounts, making it a leader in national savings programs.

Bryan Powers
Web Presence, LLC
email us here

Source: EIN Presswire

Hidden Costs That First-Time Home Buyers Should Be Aware Of With Kerri Nettles

Kerri Nettles

Buying your first home is an extremely exciting time, but according to Kerri Nettles you should always consider that there might be some hidden expenses.

OCEAN SPRINGS, MISSISSIPPI, UNITED STATES, January 21, 2019 / — The first thing most couples want to do when the encounter the house of their dreams is to sign the mandate without a second thought, especially if the price tag associated with it is extremely generous. However, according to Kerri Nettles, a real estate agent with years of experience under her belt, there are a number of costs which first-time buyers often fail to take into account when going ahead with the purchase of a house. Some of these are direct and some indirect, but the important thing is that they add up. We’ll take a look at some of them below.

Maintenance Costs

Like every other asset in life, houses can deteriorate over time, and require constant maintenance in order to ensure their longevity. And according to Kerri Nettles, owners should be planning on putting aside about one to two percent of the value of the house per year in order to cover the maintenance. This includes home cleaning, gutter clearing, gardening, pressure washing and miscellaneous maintenance such as repainting walls.

Property Taxes

“Property taxes vary from state to state,” Kerri Nettles says. “But one thing is for certain – they’re costly and they’re constant.” They also vary wildly depending on, other than the state, the city the property is in, the type of house it is, as well as ordinance. It’s important to double check that you’re paying the correct taxes. If you believe that you’re paying too much – and this does happen sometimes – there are lawyers who can help you recoup your losses.

Closing Costs

The number you see on the advertisement is rarely going to be the number that gets deducted from your bank account when you sign the final agreement on the house. In fact, there is a laundry lists of costs that goes hand in hand with finalizing a mortgage. These include: Mortgage taxes, lender application fees, attorney’s fees, title insurance and recording fees. In general this could cost as much as two to five percent of the value of the entire property, so it’s worth taking them into account before you decide if you want to buy the house or not.

Web Presence LLC
+1 9413758866
email us here

Source: EIN Presswire

VegaWallet's New Application Make Bitcoin and Cryptocurrency Easy For Everyone

This new application provides a simple to use interface with easy to read data.

This new application provides a simple to use interface with easy to read data.

VegaWallet hopes the release of their new wallet application makes cryptocurrency transactions easier for a new generation of users.

VegaWallet (Crex24:VGW)

Simplicity is key! If you want to continue to promote the growth of this special technology then you need to implement an easier way for the every day person to use it!”

— Jacob Ballou : Co-Founder of VegaWallet

VALLETTA, MALTA, January 21, 2019 / — The popularity of cryptocurrencies, like Bitcoin, continuously grows throughout today's world. The increasing use of this technology for financial transactions such as cross border remittance or peer to peer purchases also continues to increase. New software and technology are introduced daily to attract niche customers but many platforms continue to forget about one thing, the new generation of users.

In order to accommodate this new generation of users, VegaWallet has promised to implement a complete cryptocurrency platform. Their platform promises to make things simpler for people new to using blockchain based payment methods. The first phase of their roadmap is coming to an end with the release of their secure digital asset wallet. While most wallets tend to focus on one specific asset, VegaWallet launches with support for five. These include the ever popular Bitcoin, and other popular cryptocurrencies such as Ethereum, Litecoin, Dash, and their very own VegaWallet Token. Most platforms sacrifice several features to promote other specific needs. VegaWallet does not sacrifice security, usability, or overall performance and is truly in a league of its own.

VegaWallet is a complete cryptocurrency platform with their secure mobile wallet acting as one small part of the encompassing user experience. The VegaWallet experience is designed for both beginners and veterans. The easy to use interface and options have made it simpler than ever to start your journey into cryptocurrency. The application provides users with a dashboard introducing the simplest to read price data on the market, followed by an immaculately designed wallet interface for asset storage. They have promised to continually provide updates to the new application including but not limited to: more features, improved user functions, and even options like in-app trading, and one-time use credit card number capabilities.

VegaWallet is an ambitious start-up registered in Malta with plans to introduce simple platforms to other niches of the cryptocurrency as well. Their digital asset and utility token exchange launch shortly followed by their bread and butter projects, the full point of sale and "VegaPay" update to their application. They have promised their point of sale will make it just as easy to accept cryptocurrency while running your business as it currently is to accept credit cards. The system will be "backward" compatible with credit card and cash functions as well. It will also include features like inventory management, employee management, and payroll services to truly help replace outdated systems used by so many local businesses around the world. Giving these businesses features like this for next to nothing is the main selling point in the future interest of this platform and could possibly help lead to an overall market revolution.

For now, we can see a glimpse of what this new and thriving business can deliver to the market, especially in times when most people lack full understanding. Several partnerships have formed with prominent companies across the States and throughout the globe in order to advance their mission of real-world applications. You can download the VegaWallet Application on the App Store or Google Play. The company even provides a thorough walkthrough on their blog for new users in order to successfully set up their account and understand what they are looking at. If you would like to learn more please visit

-Written by an external source. VegaWallet is dually registered in Delaware as VegaWallet LLC.

Jacob Ballou
+1 484-347-7610
email us here
Visit us on social media:

Source: EIN Presswire

17 year old is CEO & Founder of Synbook and other international companies

Noah Ruehli, CEO & Founder

Synbook on the App Store

Synbook on the Play Store

NEW YORK, NEW YORK, USA, January 21, 2019 / — Starting a new business that serves millions of people around the globe is a difficult task at any age, however, at the age of 17, it sounds almost impossible. There are some exceptions to this, youngsters who are full of ideas & energy are creating a new world & setting new rules. Millionaire by 21 & retirement by 25 is the new life goal. One such example is Noah Ruehli, a 17-year-old boy living in Switzerland, originally from South Africa who has created a mobile app platform called Synbook that will connect people in their real life by connecting each other over a map.

The 'Synbook' smartphone app is available on both Android & iPhone. Noah conceived & refined the concept so that people can get directly in touch with people who are interested to meet each other. The demand & application of such a platform is limitless. The app has been designed & developed with rigorous research & development process over one year. It is focussed on the younger generation that devotes a lot of time on social networking apps. The entire experience of finding & connecting with people in real life just for friends or for business with the skills you are looking for is transitioned from a boring liking site to a social networking app with Synbook.

Noah had the realization that people interacting on social networking sites can do a lot more than just liking & commenting on each other's pictures. He has a vision of the world where person's will be able to connect with each other anywhere in the world and people will meet each other again in real life. Synbook aims to transform the social networking experience from a distraction productive engagement for the users.

Other team members involved in the project were 'Evan Luthra' and 'Bastian Yotta'. Evan took care of the technical aspects of development as CTO & Bastian consulted about the marketing strategy. Noah was prominently overseeing the entire design & development process as he has acquired a lot of knowledge about IT development through self-learning & interacting with tech-entrepreneurs. He did not have a formal school education & was faced with debt issues during childhood. In his opinion, the problems he faced during childhood brought him the determination to succeed in life & he started working since the age of 12. Over the last 5 years, Noah has gotten rid of his debt, started many entrepreneurial ventures & created multiple jobs. He wants to provide youngsters with better opportunities to realize their dreams & get guidance from others with experience through Synbook.

Synbook headquarters are located in Zurich Switzerland. The team behind Synbook is confident of the success of the project & Noah is leading the marketing & advertising campaigns to introduce the app to the world. The vision of Synbook is to use technology to create a transformative change in our society by mutual cooperation & talent recognition.

At the moment the app is only available in Switzerland. It will be available international in a few weeks.

Synbook Support
+1 310-554-7424
email us here

Source: EIN Presswire

Psychedelic Therapy: A New Paradigm for Mental Health with Professor David Nutt and Launch of Mind Medicine Australia.

MELBOURNE, VICTORIA, AUSTRALIA, January 21, 2019 / — In this unique public event you will hear of the role of psychedelic medicines in the future of mental health treatment and our understanding of consciousness itself.

This is a rare chance to hear from esteemed Professor David Nutt of Imperial College London and be present for the official launch of Mind Medicine Australia.


Keynote Presentation.

Professor Nutt will deliver Psychedelic Therapy: A New Paradigm for Mental Health

Renowned researcher and author, Professor David Nutt is Head of Neuropsychopharmacology at Imperial College London. Under the auspices of Professor Nutt, the Psychedelic Research Group at Imperial College is one of the world’s foremost psychedelic research laboratories, publishing landmark research on psychedelic therapies and neuroimaging studies of the psychedelic state.

Professor Nutt has held leadership positions in UK and European academic, scientific and clinical organisations, including presidencies of the European Brain Council, the British Neuroscience Association, the British Association of Psychopharmacology, the European College of Neuropsychopharmacology, and was previously Chair of the UK Advisory Council on the Misuse of Drugs.


Launch of Mind Medicine Australia.

You will also hear from the following about the establishment of Mind Medicine Australia and the forthcoming opportunities of psychedelic science in Australia.

Melissa Warner – Executive Officer of Mind Medicine Australia
Peter Hunt AO – Chair of Mind Medicine Australia
Dr Martin Williams – Scientific Officer of Mind Medicine Australia and President of Psychedelic Research in Science and Medicine (PRISM)

Please join us for our launch event, an evening of hope and lateral thinking, and a rare chance to hear from Professor David Nutt.


For more information on Mind Medicine Australia please visit


Wednesday, February 13th 2019

Doors open: 5:30 PM
Lecture commences: 6 PM

Carrillo Gantner Theatre
Asia Sidney Myer Building
The University Of Melbourne

Melissa Warner
Mind Medicine Australia
+61 415645469
email us here
Visit us on social media:

Source: EIN Presswire

Arecont Vision Costar Adds Sales and Technical Resources in Eastern US and Canada Regions

Arecont Vision Costar

Arecont Vision Costar – A Costar Technologies, Inc. Company

Arecont Vision Costar Matt Bernfeld

Matt Bernfeld, new Mid-Atlantic Sales Manager, AV Costar

Arecont Vision Costar Mark Wincinski

Mark Wincinski, field application engineer, AV Costar

New Regional Sales Manager and Field Application Engineer Now Onboard Arecont Vision Costar's US / Canada Eastern Areas as Company Growth Continues

Costar Technologies, Inc. (OTCMKTS:CSTI)

As a new company with a very large product family of industry-leading megapixel cameras, video recorders, & cloud-enabled VMS & web services, we have much to offer our customers”

— Matt Bernfeld, Regional Sales Manager, Mid-Atlantic Region

LOS ANGELES, CALIFORNIA, USA, January 21, 2019 / — Arecont Vision Costar, LLC, the leader in network-based video surveillance solutions, announces the addition of sales and technical resources with two new hires. Matt Bernfeld has been appointed as the Regional Sales Manager for the US Mid-Atlantic Region. Mark Wicinski has joined the company as a Field Application Engineer for the US East and Canada regions.

“We are committed to providing outstanding pre- and post-sales support to our customers and partners across the country, and we are focused on bringing onboard new field team members who can help deliver both,” stated Kyle Parker, Vice President, Americas Sales. “With the additions of Matt and Mark within the Eastern area, I believe those buying and selling our Total Video Solution products will notice an immediate improvement in our support and assistance.”

Matt Bernfeld joins Arecont Vision Costar with a strong background in sales and government. Most recently Mr. Bernfeld held a sales assignment at Vidsys, Inc. and previously with memoryBlue. He earlier served as a legislative assistant with Capitol Hill Consulting Group, and as a public affairs staff member with the US Department of Defense. Based out of the Washington D.C. metro area, Mr. Bernfeld is a graduate of George Mason University, with a bachelor’s degree in Government and International Politics.

“I’m excited to have Matt onboard to increase our sales coverage of the Mid-Atlantic region,” stated John Bujarski, Senior Sales Director, Eastern US and Canada. “He will work with our partners in the area to bring the new Arecont Vision Costar and our Total Video Solution to new and existing customers.”

“As a new company with a very large product family of industry-leading megapixel cameras, video recorders, and cloud-enabled VMS and web services, we have much to offer our customers that they can greatly benefit from,” said Mr. Bernfeld. “I look forward to assisting our partners to across the Mid-Atlantic region in bring Arecont Vision Costar to new and existing customers.”

Mark Wicinski is Arecont Vision Costar’s newest Field Application Engineer and brings a wealth of technical skills and experience in video, IT, and related disciplines. Prior to joining the company, Mr. Wicinski’s career included technical assignments with Aimetis, 3VR, and DVTel in both individual contributor and management roles. He has earned numerous certifications for surveillance cameras as well as Cisco CCNP, Microsoft MCSE, and Comptia A+ ratings.

“Arecont Vision Costar has a long legacy of megapixel technology leadership, and its newest products are providing to be outstanding in terms of features, designs, and reliability,” stated Mr. Wicinski. “Bringing this technology to our customers and working to ensure that they get the most from our megapixel cameras, video recorders, VMS, and cloud services is going to change how many use, administer, and support their surveillance systems.”

Based in New Jersey, Mr. Wicinski’s territory will provide technical assistance across much of the eastern United States and Canada.

“We are very pleased to be able to bring Mark and his expertise into our Field Application Engineering team in support of our partners and customers,” commented Mr. Parker. “His skills reflect the new Arecont Vision Costar, offering the Total Video Solution to bring so much more to the market to benefit from.”

Visit Arecont Vision Costar online at to learn more, or find sales contacts around the world at

# # #


Arecont Vision Costar, LLC, a Costar Technologies, Inc. company (OTC Markets Group: CSTI), is the leading US-based manufacturer of high-performance IP cameras and video surveillance solutions. We are focused on providing the best customer service, product reliability, and product innovation. We offer the Total Video Solution composed of superior megapixel cameras (MegaIP™ & ConteraIP™), advanced ConteraVMS™, ConteraWS™ (cloud-based web services), and ConteraCMR™ (cloud-managed video recorders) for both local and cloud-based video surveillance.

Most Arecont Vision Costar products are Made in USA. We support integration with leading 3rd party products via ONVIF compliance and go beyond via the Arecont Vision Costar MegaLab™.


You should not place undue reliance on any forward-looking statements contained in this press release. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting forward-looking information, except to the extent required by applicable laws.


Jeff Whitney / VP Marketing / Arecont Vision Costar
Phone: +1.818.937.0477

Jeff N Whitney
Arecont Vision Costar
+1 818-937-0477
email us here
Visit us on social media:

Source: EIN Presswire

Afin Coin will be started trading on Latoken Exchange this 21st of January 2019 at 5:00pm. GMT+7

Join our Trading campaign to win the lucky draw!

MARINA BAY FINANCIAL TOWER2, SINGAPORE, January 21, 2019 / — Asian Fintech PTE LTD, the creators of the Afin Coin have an agreement in place to list on the LATOKEN Exchange starting on 21st of January 2019 at 5:00pm. GMT+7.
Engaging the opening day with Trading competition to win their prizes. As Asian Fintech PTE LTD also offers a range of services for businesses who desire a crypto-ready system, in the Afin Coin Platform. Companies that have already enlisted the platform services through include a popular day spa, and a mid-sized auction firm specializing in auction management. Moreover, the mining management platform is ready for service. Exact details available to the public, on the Afin Coin website.

Join our Trading campaign to win the lucky draw!
Follow instruction

Start now 14th January 2019 – 14th March 2019
Link for deposit
Date of Lucky draw will be announced on "18th March 2019"

Palida Jantratip
Asian Fintech Pte Ltd
+65 6818 6064
email us here
Visit us on social media:

Source: EIN Presswire

Renewable Energy Companies Leaving Millions in Unclaimed Royalty Income on the Table by not Licensing Data

Get paid a royalty for licensing your data

Energy Data Alliance

A cloud-based market intelligence ecosystem for renewable energy


Get paid a royalty for licensing your data

IntelStor Energy Data Services

Data owners who out-license or cross-license their data could collectively see a total royalty income upwards of US$673 million in the US alone.

HOUSTON, TEXAS, UNITED STATES OF AMERICA, January 20, 2019 / — Digital content aggregation and data licensing is a well-established business practice for digitally delivered services in other industries. Just like a Hollywood movie studio develops a new blockbuster and licenses it to movie theaters, television broadcasters, and other online digital media platforms like Netflix, Hulu, Amazon Prime, etc., there is a need for a Netflix of energy data in order to provide companies with a commercial incentive to share their content.

With the advent of digital transformation in renewable energy, this industry has an opportunity in front of it to share more of the data which companies have amassed on asset performance and health monitoring. There are already several digital service platform providers, a plethora of asset owners, as well as data analytics companies who will create more digital content in 2019 than in the rest of the industry’s history combined.

This comes in the form of asset performance reports which analyze SCADA and CMS data, and could even combine other data like end of warranty inspection reports, borescope images for a gearbox, blade leading edge erosion monitoring, bearing lubricant quality and more.

These companies will be generating digital content and data that has both direct value for asset performance management or asset health monitoring, as well as indirect value in terms of competitive and market intelligence, such (i.e. identification of component failures, technology usage inside the wind turbine, component pricing data, etc.).

Proactive asset owners, OEMs, or insurance brokers with reams of asset reliability and performance data who out-license or cross-license their data could collectively see a total royalty income upwards of US$673 million in recognized commercial value for the data they own or control in the United States market alone.

This underscores the need for a data and digital content exchange to facilitate such licensing transactions. Enter the Energy Data Alliance, a group of companies who have agreed to pool data and cross-license it with each other. Comprised of OEMs, asset owners and data analytics providers, this platform creates a standardized process for data rich companies to share data and generate royalty income.

In the past, asset owners, OEMs or independent service providers had no commercial incentive to share their data with other companies. This resulted in most companies stockpiling a significant amount of SCADA, CMS and other data while being highly reluctant to share it for fear of liability exposure on warranty claims.

However, most companies would likely share more of their data if they were offered a royalty for licensing it, instead of just giving it away to a data pool. Nevertheless, most of these content-generating companies will not consider the monetization of this indirect value related to market intelligence as a core business for them.

As with the adoption of digital content aggregation and data licensing in other industries, what is required for this data-as-a-service (DaaS) business model to function in renewable energy is an online marketplace for asset health monitoring and asset performance data.

The companies who have data to share can anonymously list the data fields they have to license, and potentially a small sample of their data. Interested buyers / licensees would evaluate the content and indicate if they were willing to accept the commercial terms related to the license, such as duration, exclusivity, jurisdiction of the license, prohibited uses, etc.

Once the license transaction is agreed upon, and the licensee provides payment, the content owners share their data through their own application programming interface (API) or some other information sharing mechanism. Companies can even offset their cost of in-licensing data which they require to build digital models / twins if they share some of their own data.

Content owners retain all rights, title, and maintain data security / integrity themselves on their own servers until the transfer of a copy of their data. All transferred content can be digitally tagged and the usage can be tracked by using blockchain / digital ledger technology in order to ensure proper use and license term compliance.

Asset owners and other data contributors can retain the right to refuse to license at their discretion by utilizing a rules engine. That means asset owners, OEMs, and component suppliers who contribute data will only license what they want & to whom they want.

This package of information can then be used to identify sales opportunities for aftermarket components, fleetwide servicing issues, or even performance upgrade opportunities which asset owners did not know existed.

Most asset performance and health monitoring data is highly fragmented due to distributed asset ownership of turbine models from a single OEM amongst multiple asset owners and operators. This business model would allow data analytics companies or the services divisions of OEMs to pool data from several asset owners or even the asset owners plus other OEMs in order to get a complete picture.

Content licensing is an enabler for multi-brand services, since OEMs who want to perform service on competitor branded assets will require the SCADA, CMS and other data from the asset owner to build the digital asset profile / twin.

In the emerging field of digital services, companies who generate data and companies who want access to it need to employ a content licensing business model in order to recognize the full value of their products and services.

Content monetization opportunities exist for asset owners, and even insurance companies. They are likely to see commercial benefit from partnerships with analytics companies, asset performance management companies, asset health monitoring companies, and energy trading / balancing companies who are all data thirsty at the moment. The asset performance data can be sold or traded for services or other commercial rights, as companies with data attempt to balance the negotiating field in service agreements with companies that have a strong IP position.

While we may be less mature in renewable energy when it comes to monetizing data, we certainly have significant upside potential that data owners should not let go to waste. Companies can monetize both direct and indirect value from their data.

Philip Totaro
+1 213-465-0080
email us here
Visit us on social media:

Source: EIN Presswire