How many Data Point do you need

How Do I Determine the Number of Data Points I Need?

If you have ever visited the DEXMA pricing page, you probably noticed thatdata points are the name of the energy data game. In fact, our platform DEXMA Energy Manager is currently supporting more than32 million data readingsevery single day! But how do you know the number of data points your next project will require?

A data point is created every time an energy reading is recorded. Adata pointrefers to a single string of data sent by any device, meter or sensor in a building or location. Remember, it doesn’t mean counting each device and meter itself! Think about data points like mathematical variables in an algebra equation.

Data points are an essential energy management concept for three main reasons:

  1. They are vital increating a well-defined budgetfor your energy platform
  2. They help build a solid energy monitoring structure and
  3. They are necessary to plan a watertight energy savings strategy

If you still don’t quite get concept of data points, make sure you check out thisIntroduction to Data Pointsbefore jumping to figure out the number of data points you need for your energy project!

Calculating Your Ideal Number of Data Points

It goes without saying that the number of data points always depends on the different variables that need tracking in each individual energy efficiency project. Like snowflakes, every energy project is special and unique when it comes to the requisite number of data points It has therefore been difficult to generalise when people ask us about the average number of data points they needed for a typical project – until now!

Introducing the ultimateData Point Calculator– a free Excel template to help you determine the number of data points you need for your specific energy project or location:

calculate number of data points

Try it out and let us know what you think!

If you decide that you need a more detailed proposal or help with defining other issues that may impact your energy management strategy, you can alwaysbook a free consultationwith one of our energy software specialists.