AutoGrid System is based in Silicon Valley, more precisely, in Redwood City, California. The American startup organizes the vast and growing amount of energy data produced from an increasingly networked and automated grid. With deployments of smart meters, distributed generation, and other grid sensing technologies reaching critical mass, the electricity supply chain now has to deal with greater data volumes than ever before. And AutoGrid is here to work on this problem, improving the production and consumption of electricity.
Amit Narayan, founder and CEO of the startup, explains to us a bit more about how the company connects big data and the energy industry. He also talks about their experience at CODE_n during CeBIT.
Amit Narayan, founder and CEO of AutoGrid System
How does AutoGrid use big data, predictive analytics, and cloud computing to optimize the electrical grid?
Autogrid organizes the world’s energy data using Internet-scale, secure cloud computing to process the petabytes of information produced in an increasingly networked and automated grid. AutoGrid employs big data analytics to generate real-time predictions and implement programs for electricity generators, providers, grid operators, and their customers to optimize the use of assets across the grid and manage costs through a comprehensive Energy Data Platform (EDP)™
Apps built upon EDP™ are powered by forecasting and optimization engines, managing functions such as:
- End-to-end Demand Response with our Demand Response Optimization & Management System (DROMS)
- Home Energy Management through our customer portal, which Schneider is white-labeling as their Wiser product
- Peak Charge Management for facilities with Energy Cost Optimizer (ECO), an app co-developed with NTT DATA
Who can use AutoGrid’s platform and how?
Anyone along the electricity value chain can use AutoGrid’s platform and apps, including utility companies, power retailers, ESCOs, facilities, and customers. Apps on the Electricity Data Platform (EDP) are Web-based. Users can subscribe via a Software as a Service (SaaS) model. Additionally, resellers can license the technology. Silver Spring Networks is reselling our DROMS app as their own product, as “Demand Optimizer” within their Utility IQ suite.