SmartSense 2.0
Ecolibrium Energy to make industries, buildings ‘smarter’ using IoT and machine learning
Ecolibrium
Energy, a market leader in energy analytics, on Thursday, announced the launch
of “SmartSense 2.0” platform that seeks to make industries and buildings
smarter using Internet of Things (IoT) and machine learning.
The
firm, which recently got funding of $2.6 million (₹16.54
crore) from Infuse Ventues and JLL, launched this latest version of its
advanced energy analytics platform that, it says, brings about a “revolutionary
change” where advanced IoT and machine learning analytics will also help
industries and buildings become more energy efficient. Nearly 44% of electricity
in India is consumed by energy-guzzling industries and commercial buildings.
Real-time
monitoring
SmartSense
2.0 will help these large consumers not only perform real-time monitoring of
their energy consumption using a wireless and cloud-hosted platform, but also
help convert data into automated recommendations for performing predictive
maintenance on large power-hungry equipment such as motors, industrial air
conditioning systems and transformers.
SmartSense
2.0 can automatically scan the entire energy usage across enterprises and
convert business data (power, production, etc.) into intelligence for
identifying energy leakages and predicting failure of critical equipment 10-15
days before it occurs, thus preventing breakdowns. This helps businesses reduce
their energy and maintenance costs by up to 15%, said Harit Soni, Director, in
a statement here.
This
advanced version of SmartSense also includes industry-specific customized
dashboards using a new widget maker, and an easy algorithm builder for
equipment manufacturers and businesses to adopt IoT and energy analytics for
their operations. He said this will not only mark a shift from energy
monitoring to energy intelligence, but will also lay the ground for industry
4.0. “This launch is also the start of our journey to implement our advanced
‘Made-in-India’ technology across the globe.”
IndiaPepsico,
Godrej, and Delhi Metro. All existing SmartSense users would now be
transitioned to the new energy analytics platform. Some of the leading
corporates to have started adopting the new platform included Ashok Leyland,
and the Embassy Group.
Recently,
Ecolibrium’s platform SmartSense won the International Ashden award for
sustainability.
Source | Business Line | 4 August
2017
Regards
Pralhad
Jadhav
Senior Manager @
Knowledge Repository
Khaitan
& Co
Upcoming Lecture | ACTREC - BOSLA Annual lecture series (125th birth anniversary of father of library
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