Welcome!

@BigDataExpo Authors: Elizabeth White, Carmen Gonzalez, Roger Strukhoff, Liz McMillan, Scott Millis

News Feed Item

AutoGrid Expands Energy Data Platform With New Applications for Utilities, Retail Electricity Providers and Large Electricity Users

Energy Industry's First Big Data Analytics and Predictive Control Platform Now Open for Third Party Application Developers

REDWOOD SHORES, CA -- (Marketwired) -- 01/27/14 -- AutoGrid Systems, a leader in Big Data analytics and cloud computing solutions for the energy industry, unveiled multiple new applications under a major strategic initiative at DistribuTECH that will expand the scope, reach and versatility of its Energy Data Platform (EDP).

With this announcement, AutoGrid will open its groundbreaking Big Data analytics and predictive control platform to partners and third party application developers. By leveraging EDP's scale, security and cloud-based architecture, developers will be able to dramatically reduce the time-to-market and cost of developing and deploying new applications and services to optimize the energy supply chain.

Some of the early application partners and projects for EDP include:

  • NTT DATA. NTT DATA and AutoGrid have jointly developed Energy Cost Optimizer (ECO), an application that allows large commercial and industrial users to manage peak power consumption and reduce demand charges by analyzing current consumption, usage patterns, production runs and other data streams. ECO addresses demand charges, which can account for 30 percent or more of the utility bill of a commercial or industrial facility.
  • AppOrchid. AppOrchid and AutoGrid are developing intelligent enterprise apps for tablets, phones and other form factors to convey critical insights like real-time wind or solar generation, consumption and demand response resources in a visually compelling and actionable way.
  • Big Data Energy Services. BDES and AutoGrid have developed applications that provide dynamic forecasts of power consumption to utilities, electricity retailers and others so they can reduce peak power purchases, which can cost $5,000 per megawatt-hour during hot summer days in Texas. The applications are specifically targeted towards retail electricity providers in highly competitive deregulated retail markets to help them manage the cost and risk of operations, increase the total life time value of customers and reduce customer churn.

"AutoGrid brings incredible horsepower in software development and analytics, while NTT DATA contributes broad expertise in best-in-class systems integration. Energy Cost Optimizer represents the next generation in facility energy management," said Yayoi Fujita, Executive Manager of Business Planning Office, Public Division 1 Public Sector of NTT DATA.

"Energy is the ultimate just-in-time industry," said Krishna Kumar, CEO of AppOrchid. "Enterprise apps that can manage petabytes of data and deliver it to customers and producers in a way that lets them take action will potentially change the way businesses think about power."

Big Data analytics and cloud-based applications that can harness the vast amounts of data being generated by intelligent devices will play an instrumental role in solving the urgent need for improving utility operations. Smart Grid is already generating more than 70 percent of all data at many utilities. By 2020, smart meters will be generating more than 8,200 petabytes of data a year. The coming wave of Internet of Things (IoT) devices will create tremendous new opportunities for energy users and utilities to more productively use energy and lower costs.

Based on open standards such as OpenADR 2.0 b, Smart Energy Profile 2.0 and an extensive library of interfaces to existing AMI systems, behind-the-meter devices, building management systems, grid sensors and weather services, EDP is able to bring data together from more than 100 different types of devices and applications on the market today and process it in real-time. EDP's highly scalable and secure architecture analyzes the complex interrelationships within the energy supply chain using petabytes of structured and unstructured data coming from millions of sensors generating hundreds of billions of data points per day. The forecasts generated by EDP create a comprehensive portrait of grid activity that let generators, utilities, energy service providers and electricity users to manage power distribution and consumption in a precise, secure manner.

AutoGrid's Demand Response Optimization and Management System (DROMS), a demand response management application based on EDP, costs 90 percent less to implement than conventional demand response management systems, supports the entire spectrum of behavioral and automated demand response programs in a unified manner, and yields up to 30 percent more power per demand response event by utilizing EDP's advanced forecasting and customer analytics capabilities. The company's breakthrough technology enjoys significant momentum in the marketplace with several significant customer wins:

  • City of Palo Alto Utilities implemented a demand response program for commercial customers using DROMS in under 30 days where ordinary demand response systems would have taken months. The program saves an average of 1.2 megawatts per event.
  • Austin Energy created a "Bring Your Own Technology" demand response program with DROMS that linked into thermostats consumers bought at retail. The system has cut HVAC loads by up to 33 percent in subject homes. Electric vehicle drivers also can link into the program so drivers can make money by delaying charging.
  • Silver Spring Networks, a leader in smart grid technologies, is utilizing EDP within their UtilityIQ Demand Optimizer product.
  • Oklahoma Gas and Electric employs EDP in one of the world's largest two-way communicating thermostat-based residential demand response programs reaching more than 70,000 customers.
  • Schneider Electric, a global specialist in energy management, is using EDP and DROMS to provide demand response functionality within the Wiser home management system.

"Applications built for EDP will give utilities and industrial users unprecedented insight into their operations, but, just as importantly, they will give them the power to take action," said Amit Narayan, CEO and founder of AutoGrid. "We are going to see a dramatic proliferation of predictive analytics technology for automating industrial processes and managing complex system with software and analytics across a variety of industries. EDP allows our customers and partners to take advantage of this industrial Internet revolution sweeping their industries."

About AutoGrid Systems
AutoGrid is dedicated to bringing the power of Big Data, predictive analytics and Internet scale computational techniques to the production and consumption of electricity. Serving utilities of all sizes, grid operators, electricity retailers, ESCO services companies, and end-users, AutoGrid develops and markets services that both help lower costs and improve reliability of the electricity supply chain. For more information, visit www.auto-grid.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@BigDataExpo Stories
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
SaaS companies can greatly expand revenue potential by pushing beyond their own borders. The challenge is how to do this without degrading service quality. In his session at 18th Cloud Expo, Adam Rogers, Managing Director at Anexia, discussed how IaaS providers with a global presence and both virtual and dedicated infrastructure can help companies expand their service footprint with low “go-to-market” costs.
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...