The XBRL-CET working group meeting in Washington DC will demonstrate a compelling business case that meets those requirements. 

The pilot projects that are the focus of the working sessions will demonstrate how two standardized data sets, the Company Profile and IECRE 61724, can be utilized by multiple stakeholders for multiple types of projects of varying sizes and shapes. 


The efficiency gains will apply to all stakeholders big and small, public or private.

Charlie Isaacs
CTO for The Internet of Things
Salesforce​

Washington DC

April 30 to May 4, 2017

Famous business quotes....

The customer will never accept an ATM, people want personal interaction with the teller.

The customer will never give up paper checks, people like something they can hold onto.

Paper surety bonds will never go away, people want all the all the manual validations like the power of attorney, jurat, notary seal, corporate seal and wet signatures.

Multiple industry data interoperability is impossible, there are too many stakeholders with too many competing interests, with too many industry specific legacy systems to coordinate.

The solution for data interoperability is for some entity to provide it as a paid service.

Opening Agenda Topics


The DATA Act

  • Update on May 2017 reporting deadline
  • Beyond Corporate Financials - Using government financial reporting standards for private B2B data exchange



​The Federal Buttons

             Blue Button      - Medical Data Sets
             Green Button   - Energy Consumption Data Sets
             Orange Button - Energy Production Data Sets






Improving Solar Bankability – The Orange Button

  • Update on the Orange Button
  • SGIP PAP25 Haromonizing Data - How the ability to monitor construction and operational performance of solar facility can impact the cost and terms for capital, and improve risk management for utilities.
  • XBRL/FIBO for Orange Button data exchange




Solar for public agencies and on military bases







Innovation 

  • The role of data standards in innovation
  • Innovation at the largest company and the smallest Fintech.
  • The role and opportunity of the Fintech company.



Pilot Projects


Improving access to surety credit for small and emerging companies to promote diversity and inclusion.

  • How the prototype Salesforce shareware XBRL/FIBO Company Profile can remove barriers, reduce costs and improve information.
  • Small Business Administration Surety Bond Program
  • Surety program for veteran owned solar installation companies


Performance Measurement, Big Data and Data Analytics - Solar System/Energy Storage

  • How the prototype Salesforce shareware XBRL/FIBO IECRE Solar System (61724)/Energy Storage (62933) administration and data analytics application can reduce the cost of capital on solar projects
  • How the IECRE 61724/62933  can be utilized by Utilities, Developers, O&M Providers, Surety and Insurance markets to implement risk management polices and procedures. 
  • The relationship between Solar System and Energy Storage Data Sets




On Bill Financing to promote solar to utility customers

  • How the federal program can be utilized to make it easier for utility customers to invest in solar.
  • Status of solar installations being acceptable under On Bill Financing











Access to low cost clean energy for depressed neighborhoods

  • How streamlined processes and effective use of finance capital can help neighborhoods and the individuals that live in the community.


Public Agency Compliance with the DATA Act for Transportation Projects.

  • How common data standards throughout the supply chain of a transportation project can help the public agency utilize the same data for administering the contract for compliance with the DATA Act.
  • Lammers Road 




Model for International Adoption of XBRL/FIBO for countries that are building Smart Grids.

  • How XBRL/FIBO and the IECRE, as international standards, can be employed by any country to obtain data transparency, build resilient secure infrastructure, enable risk management capabilities, attract local and international financing all while promoting local companies.
  • How the XBRL-CET working group can provide technical assistance to work towards improving corporate governance in government energy institutions and aim to create favorable and stable business enabling conditions for energy independence. Proper mission and vision guidelines, standardization of policies, procedures, information technology systems, performance improvement incentives, budget and cost management and chart of accounts will enable these government institutions to perform their respective duties competently, transparently and eliminate unnecessary government interferences.


     William (Bill) Bryan
     President - Energy Group

     ValueBridge International


Closing Agenda Topics


Electronic Bonding

  • How to transition to electronic bonding
  • Case Study between obligee based proprietary based system and adoption of industry standard platforms.
  • ​The inefficiency of multiple proprietary oblige systems
  • How public agencies and private entities can transition to industry standard electronic bonds. 











The Balance Between Data Interoperability, IoT and Cyber Risk

  • How to manage secure data exchange and Cyer Risk



Saving the earth - From Climate Change to Asteroids

  • ​PowerMeter to B612




Mr. Alfred R. Berkeley 
Former Acting Chairman of the President's National Infrastructure Advisory Council

Former Chairman of XBRL US


Former Director of XBRL International

William (Bill) Bryan
President Energy Group

ValueBridge International

Standards that enable data interoperability are made possible thanks to the leadership and legislation from the federal government, work by trade associations on behalf of their membership and many individual contributions from private industry, but data standards that are the foundation of data interoperability are only useful if they are widely adopted and implemented.


There are many standards, but most are industry specific and limited to a specific audience with adoption isolated and in a silo.

Establishing data standards is the easy part, getting wide adoption is the hard part.

Any standard is only as good as its adoption, and without adoption will fade away.

To get wide adoption of any standard the business case for all stakeholders must be compelling and easy.

To be compelling the data standard must serve multiple industries, serve multiple business cases, widely adopted with guaranteed compatibility between disparate stakeholders, have no intellectual property, proprietary systems or trademark constraints, solve common information needs, and most importantly…free.

XBRL-CET  

Making the Compelling Case For

Data Interoperability

Construction of Energy and Transportation 

K. Dixon Wright

Senior Vice President

Wells Fargo Insurance Servcies