Cisco Systems, Inc. (CSCO – Analyst Report) recently completed the buyout of Jasper Technologies Inc. for $1.4 billion in cash to expand further into the Internet of Things (IoT) space.Jasper is currently the leading player in the IoT space on the basis of the number of enterprises and service providers it serves globally.The Santa Clara-based start-up has an automated system for managing and monitoring IoT devices (connected cars, homes and medical devices, among others) through the cloud. As a result, enterprises and cloud-based service providers can use the system to launch services and track customers’ usage through IoT devices.
Energy consumption management programs are in high demand, according to a study by Cogent Reports, a division of Market Strategies International; however, capturing this demand is proving to be a challenge for most of the nation’s utilities. The few utilities that have achieved high levels of awareness and usage are not only meeting customer needs, they are benefitting from associated lifts in customer satisfaction and trust, the study notes.
Customer-sited energy storage is evolving into a market reality in California. The core Green Charge business is providing smart energy storage for the CAISO market, which allows commercial-industrial utility customers to lower peak demand usage and peak demand charges that drive up electricity bills. Storing electricity during its least expensive periods and releasing it during higher priced peak periods allows Green Charge to both reduce customer volumetric charges and reduce their highest 15-minute period usage. That in turn lowers their peak demand charge.
Semtech, a leading supplier of analog and mixed-signal semiconductors, today announced its LoRa® RF technology will be integrated in a large low-power, wide-area network deployed by French mobile network operator Bouygues Telecom, in partnership with leading communications company Sagemcom. The network, based on Semtech’s open LoRaWAN™ standard, will enable commercial service providers to take full advantage of the Internet of Things (IoT) movement to offer smarter, more efficient solutions for urban planning, infrastructure management, utility usage and more.
For the second year in a row, Silver Spring Networks has been named as the Frost & Sullivan New Zealand Smart Grid Solutions Company of the Year. Silver Spring’s IPv6 critical infrastructure networking platform was recognized for helping energy retailers, distribution companies and Metering Services Providers (MSP) in New Zealand’s disaggregated market to provide more reliable coverage in varying topographies, give urban and rural customers up-to-date, two-way information on their usage for better energy management and cost efficiencies, and offer program flexibility to expand to additional smart grid, smart city, and other critical infrastructure applications in the future.
As smart technology is implemented, utilities will have more control over energy use when they’re close to hitting peak demand. ComEd has been using their vast smart grid network to help reduce usage during high temperatures.
On a hot summer day last week — July 31 — ComEd announced they would be calling an “Energy Savings Day” — to help reduce use during a time when an increased demand for electricity throughout the Midwest region is anticipated.
One of the primary benefits of Internet of Things (IoT) devices is their ability to collect data that will ultimately help increase efficiency and mitigate problems before they occur.
Now, power companies have begun to take advantage of smart meters, in particular, in order to directly connect with their customers and find out information about their power use. From there, the power company can allocate energy efficiently through a connected smart grid and encourage customers to monitor and reduce their own usage.
The ‘smart home’ concept has been around for a while, but in practice remains fragmented and needs to be consolidated, says a top retailer.
“Smart homes service providers are beginning to gain traction and more players will be entering the market,” said Nilesh Khalkho, CEO of Sharaf DG. The concept revolves around eco-friendly solutions, which not only include minimal usage of energy and monitoring of appliances for optimum use but also provide security, comfort and convenience.
The story of home automation is really just beginning today.
For years and years, the prevailing question in the automation industry has centered around finding the feature that will enable penetration into homes. For decades, technologies such as wireless were available, products tested in small market areas, and companies invested in a future automated home infrastructure. But nothing seemed to catch. Consumers did not adopt products, and did not even seem to care about the new usage models enabled by these innovative technologies and products.
In a quest to bring home automation to the masses, Quirky+GE unveiled seven competitively priced Web-connected devices, all of which were dreamed up by outside inventors and voted through to development by crowdsourced “influencers.” The iOS-controlled Aros Smart Window air conditioner is another Quirky device born from this idea-to-manufacturing scheme.
Taking aim at advanced HVAC units like Google’s Nest learning thermostat, the Norm is boldly advertised on Quirky’s website as the “death of a thermostat.” Controlled by the Wink app, Norm is a wall-mounted box that performs many of the same automation duties as the Nest Learning Thermostat, including scheduling, geofenced activation and usage tracking, but at a significant cost savings.