November 10th 2017
Freestyle’s technology at the Summit of IoT
By Freestyle Technology
The state of Australia’s national electricity grid has received plenty of coverage in the media of late. This provided a timely backdrop to the IoT for Utilities Summit in Sydney last week.
The IoT for Utilities Summit, held October 30 and 31 in Sydney, brought together CIOs, CDOs, energy leaders and experts from across the industry spectrum to discuss the challenges and opportunities for leveraging emerging IoT technologies, across gas, water and energy utilities.
Freestyle Technology was able to demonstrate, to over 170 summit attendees, its patented distributed intelligence capabilities and share its experience of working with utilities across Asia, including municipal government bodies and utility authorities in South Korea and Taiwan. Delegates were able to see live operations of gas, water and electric devices operating across multiple communication networks on one interoperable system. Highlighted use cases included:
1. New revenue for utilities with prepaid services
2. Public safety use cases in time-critical gas overpressure or fire hazard contexts
3. Interoperability across any network and any device
4. Sub-second Distributed Energy Resource Automation at Scale
The summit provided plenty of insights into the technical, business and regulatory dimensions of IoT and its large scale application to infrastructure projects and utilities. Many speakers addressed the disruptive potential of the technology and the current impediments to its wider adoption.
Freestyle’s contribution focused on how it’s patented platform works across all utilities, devices and networks to help save lives, time and money. Through the use of distributed / edge-to-cloud IoT, Freestyle’s platform provides operators with richer, faster features to monitor and control systems.
For electricity grids, it enables safe and continuous demand response for any distributed energy resource (DER) – as demonstrated by the Mooroolbark Mini Grid trial conducted in partnership with AusNet. It leads to lower bills, grid stability and reliability, supply assurance for consumers and utilities, and 10-50% improvement in renewables utilisation.
For water utilities, it mitigates leaks, theft, non-revenue water and bill shock. As demonstrated in Korea, usage insights allow the utility to provide timely help to the community. Our experience in Korea, where we have predominantly dealt with rural municipal authorities, demonstrated the flow-on effects of improved water efficiency to industries like agriculture.
For gas utilities, this literally saves lives – by keeping gas pressure in check. Freestyle systems deployed in Taiwan have precluded dangerous incidents. That our technology can make people’s lives safer is a source of great pride for our business and employees.
Freestyle CEO Mohan Jesudason said, “Our unique enterprise solutions are now showcased in multiple markets including Japan, China, Taiwan, South Korea and Australia. Our total contracts are $300m and expected to double in the next 12 months, putting Australian IoT Technology firmly on the world map.
Freestyle would like to advance the adoption of IoT across all utilities to help save lives, time and money. As such, Freestyle was pleased to take part in the summit as Gold Sponsor.
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