ONZO, the world leader in energy data analytics, has today announced it is working with innovative Dutch-based home services company Bundles, to help them leverage high resolution data from home appliances to allow them to offer new payment models and personalized value adding services to their customers.
Bundles offers innovative new propositions to users of consumer appliances such as washing machines. At the heart of their strategy is the provision of tailored customer support to maximize the appliance value and minimise the cost and especially effort of use. This support is enabled by insights derived from the high resolution data which is gathered from those appliances.
Bundles have selected ONZO to work with them to analyse that data and identify the actionable insights which will bring value to Bundles’ customers. ONZO’s Data Insight Consultants will be helping Bundles to understand the appliance use based on its energy use. The work will make use of ONZO’s market leading Utility Customer Insight Platform (UCIP).
Speaking of the work, ONZO’s CIO Will Siddall said: “Bundles is developing some exciting new propositions for consumers. We are excited about working with them, and at the same time showing the applicability of ONZO solutions to the European utility and smart home markets”.
“As a start-up one needs focus and speed” said Marcel Peters, CEO and Founder of Bundles, “that’s why I’m pleased with the entrepreneurial spirit and experience of ONZO to accelerate the validation of my business opportunity”
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 www.onzo.com
Bundles is an Amsterdam based start-up offering sustainable household appliances in a pay-per-use model. With a capability in remote asset management and customer engagement (both supported by data-analytics) the household appliance value is maximized. Paying for clean laundry is the new paradigm instead of paying for the ownership of a machine. Only then can the total cost of use and the impact on the environment can be managed properly.
For more information visit www.bundles.nl
ONZO, the global leader in big data and analytics for utilities, is pleased to announce the appointment of Will Siddall as Chief Information & Insight Officer. Will Siddall is widely known within the utilities industry as an expert in competitive strategies, advanced analytics, and markets and regulatory change. He joins ONZO from IBM Global Business Services, where he worked for ten years, latterly as Advanced Analytics Leader for the utilities industry.
Will has helped utility clients use analytics to address numerous challenges and opportunities in areas including customer contact and billing, customer insights, smart metering, energy and carbon trading, and demand forecasting. He has worked for utilities around the world, including most of the major energy suppliers in theUKandIreland, as well as clients in electricity generation, distribution, and trading, for water and upstream oil companies, and for utility regulators and Government.
“We are very pleased to have Will join the team”, said Joel Hagan, CEO and founder of ONZO. “Will brings a stature and depth of practical knowledge of the industry – expertise that will be key in helping utilities realise the value of ONZO’s data insight.”
ONZO’s Energy Data Analytics Solution to Leverage Silver Spring Networks’ Next-Generation Data Fabric
London – 28th January 2014
ONZO, the world leader in energy data analytics, has announced it is partnering with Silver Spring Networks (NYSE: SSNI) to leverage high-resolution data from Silver Spring’s industry-leading networking platform to provide greater insights to utility customers.
ONZO is working with Silver Spring and its new SilverLink™ Sensor Network to bring utilities and their customers a new level of insight into how energy is being used. This will encourage reduction of energy usage as well as peak shifting. ONZO has already achieved an 8% reduction of energy usage and a further 5% shift of energy usage off the peak. This has been achieved through information provision alone in a long-term large-scale UK deployment of analytics.
Leveraging high-resolution consumption data from Silver Spring’s SilverLink Sensor Network, ONZO is able to disaggregate data into appliance use categories that give customers actionable information. By working together and applying ONZO’s load disaggregation algorithms, ONZO and Silver Spring have elevated energy efficiency from a largely academic subject to a robust solution which can be deployed at scale.
As a member of the Silver Spring Global Partner Program, the ONZO solution will be fully supported and tested and available on a turnkey basis from Silver Spring. ONZO’s solution raises the bar for consumer energy efficiency, extending the opportunity for new rate-payer funded efficiency programs, which have the added benefit of integrated audit capabilities to justify their efficacy. At a time when consumers see energy costs rising, this is an important feature to improve consumer’s perception of energy suppliers.
ONZO’s suite of algorithms will provide further insight to existing data; enabling better customer segmentation, improved customer services, and new tariff design. Users of the SilverLink Sensor Network will have easy access to this capability via Silver Spring’s new App Store.
“Silver Spring Networks is the leading networking platform for connected utilities and delivers unrivalled capacity for data return”, said Joel Hagan, CEO of ONZO. “We are excited about partnering with them to turn that data into valuable insight which can help both utilities and their individual customers.”
“Our clients are looking for world-class analytics solutions to help turn the vast quantities of data from their networks into actionable insights,” said Eric Dresselhuys, Executive Vice President of Development, Silver Spring Networks. “As Silver Spring continues to redefine the capabilities of what a distributed network can deliver, ONZO is a natural partner to help us unlock even more value for our utility customers. We are proud to add ONZO’s global capabilities to our industry-leading partner portfolio.”