AutoGrid -- Through Participation in SAP(R) Co-Innovation Lab -- to Integrate Enterprise Software Systems With Automated Demand Response and Other Power Management Technologies

Tue Jan 29, 2013 7:00am EST

* Reuters is not responsible for the content in this press release.

  PALO ALTO, CA, Jan 29 (Marketwire) -- 
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. 

    About AutoGrid
 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. 

    SAP and all SAP logos are trademarks or registered trademarks of SAP AG
in Germany and in several other countries.
 All other product and service
names mentioned are the trademarks of their respective companies. 

    

Michael Kanellos
Michael@eastwick.com
415-820-4176 

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