Infosys Smart City Energy Management Testbed approved by the Industrial Internet Consortium
Rising energy cost is rated by organizations across the world, as one of the highest economic risks. In an energy-starved continent such as Asia, it poses a big risk. This is further compounded by the depletion of fossil fuels, geo-political instabilities, and disruptions in the global supply chain. The ever-increasing population, over-consumption, and poor infrastructure demands more energy, leading to price hike. To minimize this financial impact, organizations are constantly striving to reduce overheads as well as operational costs.
Organizations need to be aware of this fact, and must ensure that they keep their energy costs in control through optimal utilization of energy.
The current technological challenges to manage this energy crisis include lack of instrumentation to collect the energy consumption details, and lack of tools to visualize and analyze the energy consumption pattern. As a result, stakeholders are finding it difficult to carry out any meaningful action to optimize energy consumption and reduce the overall energy costs.
Infosys has come up with a testbed to develop an energy command center that will provide visibility of energy consumption across industrial facilities, large organization setups such as campuses, factories, industrial areas, airports, shopping malls, stadiums, and other energy -guzzling setups. This helps compare, predict, and analyze the energy consumption and performance, and also facilitates IT governance through alerts, notifications, workflows, and ticketing and augmented reality tools.
This testbed will:
- Monitor energy consumption by collecting details of all the elements: buildings, floors, utilities within a setup equipment, homes, offices, infrastructures, data centers, etc.
- Visualize the energy consumption in a hierarchical fashion (drill-down)
- Showcase patterns and trends in an intuitive manner
- Monitor and improve energy efficiency of all the equipment
- Provide energy optimization algorithms (managing peak demands based on tariffs)
- Monitor equipment using augmented reality applications
Some of the benefits delivered are:
- Reduction in energy consumption
- Normalization of overall energy utilization
- Optimization of running equipment resulting in reduction of operating expenses
- Expansion of future operations by providing planning tools
- Improvement in serviceability due to alarms, workflows, and augmented reality applications
Infosys is leading the development of this testbed along with PTC and Schneider Electric.