NTT DATA and AutoGrid Systems Announce Research and Development (R&D)
Partnership to Bring Cloud and Big Data Technologies to the Energy
Japan's Largest IT Services Company to Use US-Based AutoGrid's
Ultra-Scalable Energy Data Platform (EDP) to Conduct Joint R&D in the
TOKYO and REDWOOD SHORES, CA -- (Marketwired) -- 08/22/13 -- NTT
DATA Corporation, a global IT services leader, and AutoGrid Systems,
Inc. a leader in Big Data Analytics for the electricity and energy
industry, announced a strategic research and development (R&D)
agreement to develop new technologies for the energy sector based on
AutoGrid's Energy Data Platform (EDP)(*1).
The need for managing peak electricity demand is already very high in
the U.S. and Japan, and is expected to be a major worldwide trend in
the coming years. NTT DATA and AutoGrid will utilize big data
techniques to develop a novel cloud-based demand side management
application that will help electricity users save billions of dollars
every year while improving grid reliability.
The alliance combines AutoGrid's expertise in predictive analytics,
Big Data and cloud-based applications and NTT DATA's industry leading
experience in implementing large and complex information systems
across the globe. On successful completion of the proposed R&D
projects, the partnership will leverage NTT DATA's global reach and
AutoGrid's rapidly growing presence with North American Utility and
Energy Services Providers to jointly market and deploy these
applications in the US and the rest of the world. The project will
start in September of 2013.
"Energy management is one of the most dynamic segments in today's
technology industry. Big Data driven applications deployed on the
cloud will give utilities, business users and consumers an
unprecedented ability to precisely monitor, control and predict their
energy needs," said Executive Vice President, Head of Public Sector,
Toshio Iwai. "Through our collaboration with AutoGrid, we hope to
undertake transformative research that can lead to dramatic
improvements in the world's energy productivity."
"We are extremely excited to be working with NTT DATA," said Amit
Narayan, CEO and founder of AutoGrid. "NTT DATA is one of the most
respected global brands and an established world leader in
implementing and deploying enterprise scale information technology
applications. By leveraging NTT DATA's deep expertise in cloud, Big
Data and global software delivery capabilities, this collaboration
will help us towards our mission of enabling access to affordable,
reliable and sustainable energy for the world."
AutoGrid's EDP analyzes multiple streams of structured and
unstructured data originating from smart meters, grid sensors, and
other energy management systems, and combines this data with
physics-based models of the transmission and distribution networks as
well as other sources of information such as weather feeds and
customer demographics to generate comprehensive, accurate forecasts
concerning power consumption and grid conditions. EDP, in effect,
lets both the energy services providers and users of energy to peer
into the future and plan for it: the forecasts serve as the basis for
strategies to dynamically reduce peak consumption and effectively
manage power quality in the presence of intermittent renewable
resources such as solar and wind. By utilizing EDP's Big Data and
Grid Physics engines through cloud-based open APIs, third party
application developers can build highly scalable and innovative
applications at one-tenth of the cost and time required to develop
these applications previously.
About AutoGrid Systems
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
software solutions that help lower costs and improve reliability &
sustainability of the electricity supply chain. AutoGrid DROMS, the
first application built on top of EDP, can cut the cost of
implementing demand response programs by 90 percent while increasing
the "yield" of power from demand response events by up to 30 percent.
DROMS allows utilities to offer more choice and flexibility to their
customers when implementing demand response programs. At the same
time, DROMS ensures that the yields from these programs remain highly
reliable and predictable so utilities can rely on DR for
mission-critical operations. AutoGrid's technology was awarded the
prestigious Department of Energy's Advanced Projects Research
Agency-Energy (ARPA-E) funding in 2012 and has been deployed by City
of Palo Alto Utilities (CPAU), Austin Energy, Sacramento Municipal
Utility District, Oklahoma Gas & Electric, Co-Innovation Labs at SAP,
Lawrence Berkeley National Labs, and several other organizations.For
more, please see our website or contact us.
*EDP and DROMS is trademark for AutoGrid.
About NTT DATA
NTT DATA is your Innovation Partner anywhere around the world, with
operations in more than 35 countries. NTT DATA emphasizes long-term
commitment and combines global reach and local intimacy to provide
premier professional services from consulting, application services,
business process and IT outsourcing to cloud-based solutions. For
more, please see our website.
For more information, please contact:
Corporate Communications & Public Relations
NTT DATA, Inc.
Tel: +1 (312)305-1771
AutoGrid Systems, Inc.
Tel: +1 (415) 820-4176
Products and Services Enquiries:
Public Administration Systems Sector
First Public Administration Systems Division
Business Planning Office
NTT DATA Corporation
AutoGrid Systems, Inc.
Tel: +1 (415) 820-4176
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