Utilismart signs MOU with First Derivatives PLC - The marriage will revolutionize how utilities use their Big Data to make decisions.
Ontario, Canada (PRWEB) January 19, 2016 -- Two made-in-Ontario Solutions are coming together at EDIST, the premier Canadian Utility exhibition where the leaders in the Utility Market congregate to learn and share information about the next generation of innovation and technologies.
Utilismart's leading edge utility solutions, coupled with proven and scalable First Derivatives Technologies for Big Data, will not only enhance the needs of today's utilities but will also ensure the big data needs of tomorrow are achieved. The utility industry has only begun to feel the growth in device data in terms of Big Data’s three V’s: Velocity, Variety and Volume. The Kx for Sensors platform from First Derivatives is a perfect marriage for delivering function, performance, and value to our utility customers in Ontario and across North America… and now globally through this alliance.
Utilismart has taken a huge step toward advancing grid analytics for utilities, and the ability for our customers to future proof their investment in their assets is protected through this partnership. They are enabling the future by coupling Utilismart’s data analytics platform with a proven technology that will be able to consume data from current utility devices and sensors, as well as being ready for the impending growth in this area. The rapid growth of the Internet of Things, with a special focus on grid edge technologies, will further change the face of utilities. With Kx for Sensors driving the Utilismart Online Data Solutions, customers will have a unified and holistic data source that will adapt with their needs and transform their data into decisions in real time.
John Avdoulos, President, Utilismart, commented: “Utilities are changing, and the utilities of the future will look dramatically different from those of today. As more sensors and devices are deployed, and as utilities are transformed, the marriage of Utilismart's Online Data Solution and the First Derivatives Kx for Sensors analytics platform will revolutionize how utilities use their data.
"Our value is driven by the belief that utilities should not have to worry about getting data from point A to point B; instead, they should focus on making actionable decisions based on quality data and analytics. That is our Value: we enable data to become decisions. Kx allows for bigger data from more sources to be consumed—in an even timelier and faster manner.”
Brian Conlon, Chief Executive Officer of FD, commented: “We are delighted to partner with Utilismart and look forward to delivering innovative solutions to its existing and new utility customers. This is a landmark agreement for FD in further propagating the Kx technology. It further evidences our belief that our technology is ideally suited for sensor data analysis and will provide reference clients across the Internet of Things, electricity, water, and gas industries.”
Gary F Moody, Utilismart, http://www.utilismartcorp.com, +1 2489967305, [email protected]
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