AutoGrid -- Through Participation in SAP(R) Co-Innovation Lab -- to Integrate
Enterprise Software Systems With Automated Demand Response
and Other Power Management Technologies
PALO ALTO, CA -- (Marketwire) -- 01/29/13 -- AutoGrid Systems, a
leader in Big Data analytics for demand response, energy efficiency,
and software services for empowering utilities and end-users to
control power consumption and costs, today announced its
participation in the SAP(R) Co-Innovation Lab in Palo Alto. Through
this engagement with SAP (NYSE: SAP), AutoGrid plans to expand the
market for automated demand management technologies.
"We are thrilled to participate with SAP in the SAP Co-Innovation
Lab," said Dr. Amit Narayan, founder and CEO of AutoGrid. "Utilities
have looked to SAP for years to help them manage their critical
operations. Through this engagement, we will be able to increase the
number and range of utilities that can adopt automated demand
response as well as once again demonstrate that the cleanest,
cheapest source of energy can be data."
AutoGrid, through its involvement in the SAP Co-Innovation Lab, plans
to demonstrate how utilities and their customers can benefit from a
close integration between their customer management systems and
demand management solutions by providing end-to-end scenarios for
demand-side management. It will also show how utilities will have the
option to acquire solutions so they can implement more advanced,
broad-based, and profitable energy efficiency programs.
Furthermore, AutoGrid will demonstrate how the SAP for Utilities
portfolio of solutions manages business processes for utilities
around the world through integration with AutoGrid's Energy Data
Platform (EDP) and Demand Response Optimization and Management
Service (DROMS) for forecasting and managing power demand. While
attractive as a way to reduce power bills, demand response and demand
management programs can be confusing to implement and manage.
Utilities often offer overlapping efficiency programs. Customers also
often experience a lag between their participation and financial
compensation. By integrating SAP for Utilities with AutoGrid's
platform, utilities can streamline their operations while making
participation in these programs more attractive.
DROMS is a cloud-based demand management service that employs Big
Data analytics, a physics-based model of the grid and information
streams from smart meters and other grid assets to accurately predict
electricity demand. The near-term forecasts permit utilities, grid
operators and large power consumers to securely shift power
consumption to meet financial or operational goals. Requiring no
additional hardware, DROMS, the first application based from the
Energy Data Platform, can cut the cost of demand response systems by
90 percent while increasing the "yield" of power from demand response
events by 30 percent.
SAP for Utilities is a complete suite of enterprise software to
support utilities in their business processes from meter-to-cash,
customer sales and service, demand-side management, integration to
advanced metering infrastructure (AMI), utilities-specific work
management, analytics and more. Over 660 utilities of all sizes and
in all markets are using this solution handling over three billion
invoices every year. Providing already the capability to manage
demand-side management programs as well as the AMI integration to
enable business processes to seamlessly benefit from Smart Meter
capabilities makes the extension of these functions by integrating
into the unique capabilities of the AutoGrid solution a logical
choice to support end-to-end scenarios for demand-side management.
Founded in 2011, 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, please
see our website or contact us.
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service names mentioned are the trademarks of their respective
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