This change towards decentralization, decarbonization and digitalization is challenging the existing utility business model and creating the next generation energy market that’s centered around empowered customers and delivered by non-utility entities. These solutions are also aggregated and correlated to develop community and city level services, fast tracking sustainability goals. Utilities need to move quickly to claim their space and develop new revenue channel through this new market space.

While the current state offers a number of services and solutions targeted towards this space, these are equipment centric and purpose built, creating a non-integrated, siloed experience for consumers and misses out on the broader business opportunities that cross leverage across various segments and provide holistic value for the consumer and utility. An integrated energy platform is the need of the hour.

About Wipro Cognitive Energy Intelligence (CEI):
Wipro Cognitive Energy Intelligence (CEI), built on the Microsoft Cloud, is an energy platform for utilities that unifies data from many “behind-the-meter” products. This platform gives customers a holistic view of energy consumption, and utility companies a valuable tool (and source of revenue) that empowers customers to improve efficiency and reduce energy costs.

CEI unifies data from customers’ behind-the-meter sources through a gateway device that transmits real-time IoT data and energy production and usage onto the energy platform on Microsoft cloud to optimize consumption. CEI can operate independently and remotely to provide the most efficient combination of energy sources for both the utility company and the customers. Using Cognitive Energy Intelligence, your organization can:

• Leverage AI and machine learning to intelligently decide when to generate, store, consume, and monetize energy for end consumers
  
• Offer customer-centric data-driven services like energy management, optimization, advisory and direct control over energy equipment
  
• Allow consumers to be aggregated and participate in demand management, virtual power plants, and similar services
  
• Can enable community level services like peer to peer trading and carbon reduction
  
• Provide 24/7 monitoring and alerts via cloud-based device management