Welcome!

@BigDataExpo Authors: Elizabeth White, Tom Kelly, Pat Romanski, Charlotte Spencer-Smith, Peter Silva

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
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
With microservices, SOA and distributed architectures becoming more popular, it is becoming increasingly harder to keep track of where time is spent in a distributed application when trying to diagnose performance problems. Distributed tracing systems attempt to address this problem by following application requests across service boundaries, persisting metadata along the way that provide context for fine-grained performance monitoring.
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on how much data there is, in his session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for HGST, will show how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources. See how HGST has used these solutions to gain more value out of the information we have – and capitalize o...
Data-as-a-Service is the complete package for the transformation of raw data into meaningful data assets and the delivery of those data assets. In her session at 18th Cloud Expo, Lakshmi Randall, an industry expert, analyst and strategist, will address: What is DaaS (Data-as-a-Service)? Challenges addressed by DaaS Vendors that are enabling DaaS Architecture options for DaaS
Eighty percent of a data scientist’s time is spent gathering and cleaning up data, and 80% of all data is unstructured and almost never analyzed. Cognitive computing, in combination with Big Data, is changing the equation by creating data reservoirs and using natural language processing to enable analysis of unstructured data sources. This is impacting every aspect of the analytics profession from how data is mined (and by whom) to how it is delivered. This is not some futuristic vision: it's ha...
The IoT's basic concept of collecting data from as many sources possible to drive better decision making, create process innovation and realize additional revenue has been in use at large enterprises with deep pockets for decades. So what has changed? In his session at @ThingsExpo, Prasanna Sivaramakrishnan, Solutions Architect at Red Hat, discussed the impact commodity hardware, ubiquitous connectivity, and innovations in open source software are having on the connected universe of people, thi...