Press
Onzo on track to record a trillion meter readings by end of 2011
Onzo, the world’s leading expert in energy analytics, is on track to record and process over one trillion (1,000 billion) energy readings by the end of 2011, helping utilities to gain unprecedented insight into how their customers are using electricity in their home and how this can be used to increase customer satisfaction and operational efficiencies.
The important milestone will be reached thanks to Onzo’s state-of-the-art server architecture - known as Cortex – which has already logged over 300 billion meter readings from the commercial deployment of its award-winning smart energy kit.
Onzo’s technology can go further than many other energy monitoring solutions by identifying which appliances consumers are using in their home and which of them are using the most amount of electricity, helping households to better understand and manage their energy consumption.
Nick Hunn, Onzo’s Chief Technology Officer, said: “Onzo has always realised that data is key to transforming the energy industry and changing customer behaviour.
“By applying intelligence to massive amounts of high resolution data we can extract information on how customers use energy, even down to identifying individual appliances. That gives us a knowledgebase of information regarding energy usage that we can combine with smart metering data to give previously undreamt of levels of insight. It allows utilities to provide new levels of customer engagement, transforming themselves into far more agile, customer-centric businesses.”
Key features of the Cortex technology are its affordability and that the technology is designed to sit alongside current servers to provide a level of data analysis that was previously beyond the reach of non-specialist organisations.
Joel Hagan, CEO of Onzo, said: “Utilities and energy retailers have yet to appreciate the changes that this level of ’Big Data’ will bring to their operations. It’s a message that retailers learnt a decade ago, when they began to capture and mine customer information. With our ability to process high resolution energy data, we can bring those same evolutionary changes and benefits to the energy industry.”
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