“Data Analytics is the key to freeing consumers from the tyranny of an uncorroborated bill as the only interaction they have with their energy supplier”.
London, UK (PRWEB) February 20, 2013
Onzo announced today that Joel Hagan, CEO of Onzo Ltd., will be participating as a speaker at Parks Associates’ Smart Energy Summit: Engaging the Consumer, February 25-27 in San Antonio, Texas. Joel will participate in the session on Big Data and Analytics: Monetizing Data on Wednesday 27th February at 1.00pm in the Sheraton Gunter Hotel.
The Smart Energy Summit examines the expanding market for energy solutions and home controls and its impact on utilities, service providers, retailers, manufacturers, and consumers. Parks Associates research shows the energy management market, especially through connected solutions, is drawing renewed interest from younger consumers, with 90% of U.S. consumers 18-34 willing to pay for a smart thermostat or smart water-tank controls to save 20% on their energy costs.
“Data Analytics is the key to freeing consumers from the tyranny of an uncorroborated bill as the only interaction they have with their energy usage”, says Joel Hagan, CEO of Onzo. “Our advanced algorithms open up a new world of insight that gives users information to help them make their homes and lifestyle more efficient.”
"Parks Associates research shows a growing number of U.S. households have energy management capabilities," said Stuart Sikes, president, Parks Associates. "We look forward to addressing these opportunities at this year’s conference and analyzing new market developments, including
- consumer attitudes toward energy management, including awareness, preferences, price points, service bundles, and perceived value,
- strategies to integrate energy services and unique value propositions, and
- the use of data analytics, big data, and cloud-based products and services to enhance services.
Smart Energy Summit hosts more than 200 executives representing utilities, telecom and security companies, retailers, and OEMs presenting on the state of the market and the emerging consumer and business opportunities.
For information about the Smart Energy Summit, contact sales(at)parksassociates(dot)com or call 972-490-1113 or visit http://www.smartenergysummit2013.com.
Onzo is a global leader in big data and analytics for utilities. Onzo delivers valuable insight from the analysis of energy use and other data, transforming customer relationships, improving energy efficiency, shifting peak demand, offering new energy services and reducing operational costs.
Onzo’s unique approach combines utility sector experience with an advanced capability in data analytics to create smart solutions for consumer and supplier. Onzo’s algorithms are capable of handling different data resolutions from monthly to one-second reads, and can process trillions of data readings, extracting valuable insights, including the identification of individual appliances from whole house data.
For more information please visit http://www.onzo.com
Contact: Nick Hunn +44 7768 890 148 nick(dot)hunn(at)onzo(dot)com
About Smart Energy Summit
Smart Energy Summit: Engaging the Consumer examines the expanding market for energy solutions and home controls and its impact on utilities, service providers, retailers, manufacturers, and consumers.
At this annual conference, Parks Associates analysts, media, and industry leaders evaluate new partnerships, strategies for consumer engagement, and deployment plans for energy and management solutions in the connected home.
The summit agenda features executives representing utilities, telecom and security companies, retailers, and OEMs presenting on the state of the market and the emerging consumer and business opportunities.
The fourth-annual Smart Energy Summit will take place February 25-27, 2013, at the Sheraton Gunter Hotel in San Antonio, Texas. http://www.smartenergysummit2013.com