Ecolibrium Energy Introduces ‘SmartSense 2.0’ for IoT Based Solutions for Industries and Buildings
Ecolibrium Energy, a market leader in Energy Analytics announced the launch of the latest version of its advanced Energy Analytics platform – SmartSense.
This new version called ‘SmartSense 2.0’brings about a revolutionary change, where advanced IoT and machine learning analytics will now help Industries and Buildings become smarter and more energy efficient.
Nearly 44% of the power in India is consumed by Energy guzzling Industries and commercial buildings. SmartSense 2.0 will help these large consumers not only perform real time monitoring of their energy consumption using a wireless and cloud hosted platform, but will also help convert data into automated recommendations for performing predictive maintenance on large power-hungry equipment such as Motors, Industrial Air Conditioning systems and Transformers.
SmartSense 2.0 has the capabilityto automatically scan the entire energy usage across enterprisesand convert business data (power, production, etc.) into intelligence for identifying energy leakages and predicting failure of critical equipment 10-15 days before it occurs, thus preventing breakdowns. This helps businessesreduce their energy and maintenance costs by up to 15%.
This advanced version of SmartSense also includes industry specific customized dashboards using a new widget maker, and an easy algorithm builder for equipment manufacturers and businesses to easily adopt IoT and Energy Analytics for their operations.
Speaking about the launch of SmartSense 2.0, Harit Soni, Director at Ecolibrium Energy said,“With the launch of this new platform, we want to set a benchmark in the Energy Analytics industry. This launch will not only mark a shift from energy monitoring to energy intelligence, but will also lay the ground for Industry 4.0. SmartSense2.0 will play a key role in helping Indian Industries and Buildings become smarter and more energy efficient. This launch is also the start of our journey to implement our advanced ‘Made-in-India’ technology across the globe.”
Ecolibrium Energy currently services more than 500 multinational clients in India across various sectors such as Engineering, Pharmaceuticals, FMCG and Utilities. Clients include industry leaders such as Pepsico, Godrej, and Delhi Metro. All existing SmartSense users would now be transitioned to the new Energy Analytics platform.
The launch was also combined with the announcement of new partners and customers. Some of the leading corporates who have started adopting the new platform include commercial vehicle manufacturer, Ashok Leyland, and Real Estate major, Embassy Group.
Shailendra Nath, General Manager – Embassy Services Pvt. Ltd. Said, “Embassy group has always been at the forefront of adopting new technology and developing Industry best practices. SmartSense 2.0 pilot is implemented in Embassy Tech village – an 8 million sq.ft park attracting 19,000 knowledge workers in the heart of Bangalore’s IT corridor. Predictive insights provided by SmartSense 2.0 are timely and useful. We are happy to have started using Energy Intelligence powered by SmartSense, and are excited to adopt and explore more such opportunities in the future.”
The new launch is also backed by partners such as German enterprise software leader – SAP, where SmartSense 2.0 and SAP software will see a seamless integration under a co-innovation program on SAP Cloud platform. Some of Industry OEM’s who have joined the platform include Rhino Machines – a recognized leader in the foundry industry.
Manish Kothari, Managing Director at Rhino Machines said, “SmartSense2.0 with Energy Analytics and Production Data Acquisition is one of the only platforms which can acquire data from machines, create performance indices, provide analytics, alerts and bring Energy & Data Intelligence to a Smart Foundry. We are very excited with the prospects of impact on Operational Efficiency and Cost Reduction, using Predictive Maintenance, and seamless connect with SAP along with other Resource Planning Systems.”