Texture Overview: Chaos to Clarity
#Texture Overview: Chaos to Clarity
Imagine trying to conduct an orchestra where every musician is playing from a different sheet of music, in different time signatures, some are reading notes upside down, and others are improvising entirely. Now imagine that orchestra is responsible for powering entire cities, managing billions in infrastructure, and keeping the lights on for millions of people…
…welcome to the current state of energy data management.
#Let’s Frame the Problem First
Before we dive into what Texture does, let's talk about a litany of costs hiding in plain sight. We have a longer post about these costs here.
In summary, the energy sector is undergoing its biggest transformation since the invention of electricity. Solar panels are popping up on roofs everywhere. Electric vehicles are turning every garage into a potential power plant. Smart thermostats are making homes into intelligent energy managers. It's exciting, revolutionary, and... completely chaotic.
#The Expensive Reality
When doing a build vs. buy on data management, people often think about the FTEs, the storage, the API access fees, and the maintenance. This can significantly impact momentum for early stage companies and amount to 10s of millions of dollars for larger utilities.
... but reality is even more expensive:
- Wasted time and money: An equivalent of 20 working days per employee ($10k-$30k per person annually) just to move data around where it can be used. For a team of 100, that's ~$2 million a year paying them to move data you already have to a place where it can be used.
- Fines for bad quality: A retailer we spoke to says they pay millions in fines all as a result of incorrect or late reporting. These fines grow as the occurences increase.
- Unexpected costs of DIY: Outsourcing data management would reduce 30-40% of unexpected IT costs. Poorly maintained APIs, equipment failures, forensics, etc. all add up to hundreds of thousands of dollars for SMBs to hundreds of millions for utilities.
- Cost of latency: 60% of first customer service calls fail to resolve the issue because data is out of date. This results in retention challenges and higher service costs.
- Security is expensive, not having it is more so: Companies are losing an average of $4.1 million annually to data breaches.
This isn't just a technology problem. It's a massive economic drain that's ultimately paid for by all of us through higher energy costs and reduced grid reliability.
#What Makes This Problem So Complex?
Before explaining how Texture solves this, let's break down why this problem is so uniquely challenging. Here are the key assumptions about the energy landscape that shape everything we do:
#The Grid is Becoming More Distributed
- Every solar panel, electric vehicle, and smart device is both a consumer and potential producer of energy.
- This creates exponentially more data points to track and manage, particularly when considering each home's impact on the grid, markets, and consumers around them.
- Traditional centralized systems weren't built for this two-way flow of energy and information. BloombergNEF estimates there will be 100,000+ companies (up from 5,000 just 10 years ago) needing access to data from the grid and behind-the-meter (BTM) assets.
#Data Standards Are Still Evolving
- Unlike banking or telecommunications, the energy sector hasn't settled on universal data standards.
- Every device manufacturer, utility, and software provider speaks their own "language."
- Regulations and requirements vary by region and change frequently.
#Security Cannot Be an Afterthought
- Energy infrastructure is critical national infrastructure.
- Privacy regulations are becoming stricter (GDPR, CCPA, etc.).
- Security breaches can have physical consequences in the energy sector.
#Real-Time Operations Are Non-Negotiable
- Energy can't be stored easily at scale.
- Supply and demand must be balanced instantly.
- Decisions need to be made in milliseconds, not minutes.
#Enter Texture: A Fundamentally Different Approach
Texture isn’t here to further fragment the vertical data industry or the device control problem. Instead, Texture is doing something fundamentally different: we're building the universal translation layer that makes everything else work better together.
When everything is working in sync, it’s not just about downside protection and cost reduction. For some customers, this creates a foundation to become a data-led business. Those companies tend to outlast incumbents that refuse to change.
#Our Core Innovation: The Four Pillars
#1. Unified Data
- Data Harmonization: Transform disparate data formats into a universal language.
- Automated Pipeline Management: Reduce the 20+ days per year per person spent moving data around.
- Intelligent Processing: Handle both batch and streaming data with equal efficiency.
- Comprehensive Coverage: From smart meters to solar inverters, from weather data to energy prices.
#2. Scalable Security
- Built-in Compliance: SOC II buffer for storing, sharing, and reporting data.
- Granular Permissions: Precise controls over who and what can access specific data.
- Encrypted Data Flows: Share data confidently with built-in encryption.
- Audit Trails: Complete visibility into how data is being used and accessed.
#3. Real-Time Intelligence & Control
- Live Monitoring: Move from monthly settlements to real-time visibility.
- Proactive Alerts: Catch issues before they become problems.
- Automated Feedback Loops: Create self-improving systems.
- Consistent Data Streams: Ensure everyone works with the same, up-to-date information.
#4. Universal Access
- Automatic Synchronization: Keep all tools and systems in perfect sync.
- Seamless Sharing: Collaborate effortlessly across teams and partners.
- API-First Design: Easy integration with existing tools and systems.
- Future-Proof Architecture: Ready for the next wave of energy technology.
#Our Partnership Approach
#1. Shared Success Model
- We monetize based on the value of data flows we enable. This means:
- Our success is directly tied to the value we create.
- We're incentivized to continuously improve and optimize.
- We align our pricing with the value the data provides to you
#2. Ecosystem Enhancement
- Support and enhance existing DERMS systems.
- Integrate with current tools and workflows.
- Enable better use of existing investments.
#3. Collaborative Development
- Regular collaboration with utilities, manufacturers, and software providers.
- Open feedback loops with users.
- Continuous adaptation to industry needs.
#Real World Impact
#For Utilities
- Reduce data management costs by 40-60%.
- Eliminate compliance fines from data quality issues.
- Improve customer service response times by 50%.
- Enable new revenue streams from data monetization.
#For Device Manufacturers
- Reduce integration costs by up to 70%.
- Access new markets without custom development.
- Improve device performance through better data feedback.
- Enhance customer satisfaction with better support.
#For Software Providers
- Access standardized, clean data instantly.
- Reduce development time for new features.
- Improve reliability and performance.
- Focus on core value propositions instead of data plumbing.
#For End Customers
- More reliable energy service.
- Better customer support.
- Lower energy costs.
- More control over energy usage.
#Looking to the Future
The energy transition is the biggest challenge and opportunity of our generation. Success requires not just new technologies, but new ways of working together. That's what Texture enables.
#Our Vision
- A More Resilient Grid: Where every device and system works in harmony.
- Efficient Markets: Where energy flows to where it's needed most.
- Sustainable Integration: Where renewable energy is seamlessly incorporated.
- Universal Access: Where innovation is limited only by imagination, not data.
#The Path Forward
We believe the future of energy won't be built by any single company or technology. It will be built through collaboration, shared standards, and platforms that enable everyone to work better together.
Texture isn't trying to be the conductor of the energy orchestra. We're creating the sheet music that lets everyone play together in harmony. Because at the end of the day, the energy transition is too important and too complex for any one company to solve alone.
#Your Next Steps
Whether you're a utility struggling with data management costs, a device manufacturer looking to scale your market presence, or a software provider wanting to focus on your core value proposition, Texture provides a path forward.
We invite you to:
- Explore our platform capabilities.
- Calculate your potential cost savings (find our calculator here).
- Start a conversation about your specific needs.
The future of energy is distributed, data-driven, and collaborative. With Texture, it's also more accessible, secure, and efficient than ever before.
Welcome to the future of energy data management.