Welcome!

@BigDataExpo Authors: Liz McMillan, Scott Allen, William Schmarzo, Elizabeth White, Donald Meyer

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
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, 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.
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected] at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device. SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
SYS-CON Events announced today that BMC Software has been named "Siver 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. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today that EastBanc Technologies 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. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
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...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
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...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. 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 Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some...
SYS-CON Events announced today that MangoApps 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. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.