Business Energy Council Intela Business Activity Summary - - PowerPoint PPT Presentation

business energy council intela business activity summary
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Business Energy Council Intela Business Activity Summary - - PowerPoint PPT Presentation

Business Energy Council Intela Business Activity Summary Professional Services Products Machine learning & AI solutions - Intelligent Data Management AI strategy advice www.farrago.ai - PhD & Masters Data Scientists - Machine vision


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Business Energy Council

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Intela Business Activity Summary

AI Advisory

  • Data science and AI education
  • AI readiness analysis
  • Business deep dive analysis
  • Use case discovery
  • Data strategy
  • Business case analysis

Proof of Concept

  • Collate & understand requirements
  • Data analysis & acquisition
  • Algorithmic design
  • Produce API/Dashboards (MVP)
  • Testing and refinement
  • Training and improvement

Production Scalability

  • Testing on large data sets
  • Architecture performance
  • Security and resilience

Algorithm license

Annual license based on combination of volume, use, model iterations and maintenance requirements.

We exist because there is a global shortage of data science, the backbone of artificial intelligence.

Professional Services

Machine learning & AI solutions AI strategy advice

  • PhD & Masters Data Scientists
  • Only dedicated M/L AI firm
  • Research & IP development
  • Co-founders of City.AI

Products

  • Intelligent Data Management
  • Machine vision analytics
  • Unstructured data intelligence
www.farrago.ai
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Data Science = framework + tools + context/value Machine Learning = a tool of data science Artificial Intelligence = an output of machine learning

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AI = Electricity

We believe artificial intelligence will revolutionise business as electricity did for industry. Intela are AI power generators.

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AI & Data

Data Volume

  • Historical records
  • Multiple databases
  • Analytics (web, app)
  • IoT
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AI & Data

Data Volume

  • Historical records
  • Multiple databases
  • Analytics (web, app)
  • IoT

Data Complexity

  • Individual algorithms per user/customers
  • Multiple data sources and topics
  • Dynamic real-time
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AI & Data

Data Volume

  • Historical records
  • Multiple databases
  • Analytics (web, app)
  • IoT

Data Velocity

  • Transactions
  • Devices & sensors
  • # of users

Data Complexity

  • Individual algorithms per user/customers
  • Multiple data sources and topics
  • Dynamic real-time
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AI & Data

Data Volume

  • Historical records
  • Multiple databases
  • Analytics (web, app)
  • IoT

Task Scale

  • Hours of video
  • TB of images
  • Text processing/search

Data Velocity

  • Transactions
  • Devices & sensors
  • # of users

Data Complexity

  • Individual algorithms per user/customers
  • Multiple data sources and topics
  • Dynamic real-time
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INSIGHTS

  • Network anomalies
  • Churn/acquisition
  • Asset status

CORE AI USE CASES FOR THE ENERGY SECTOR

IOT

  • Self healing grid
  • Smart homes
  • Real-time intel

PREDICTIONS

  • Outage/disruption
  • Demand profiles
  • Equipment life

OPTIMISATION

  • Reserve resources
  • Transactive Grid
  • Workflow / tasks

NEXT BEST ACTION

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What are already proven applications of AI in Energy?

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  • Grid Optimisation

Alpiq generates 20 percent of Swiss electricity Value Proposition Balance load and smooth out demand peaks through AI Deliverable Controls electrical equipment such as heat pumps, boilers, electric car charging stations and batteries autonomously and in a decentralised way.

  • Cost optimisation for building owners
  • Balanced grid
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  • Grid Optimisation
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  • Grid Optimisation

Transactive grid powered by AI + electricity retailer Value Proposition Provide pricing signals to consumers to stimulate/reward behaviour change Enable community and peer-2-peer energy sharing Deliverable 10% reduction in electricity costs to consumers (<CAC) Reduction in grid peak load

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  • Maintenance Optimisation

Operates more than 100 wind farms in 19 US states and Canada Value Proposition Reduce maintenance costs Deliverable Maintenance crew scheduling, routing, automated work orders

  • considers weather and traffic to optimize operation and maintenance activities
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“Improving predictive tools is a big focus for us this year, and the team has really delivered so far with the new pattern recognition and learning applications. We’re already getting great insights from the data by using these tools. Now, our challenge is to prioritize and deploy it to the types of equipment that will bring the biggest value”

– Marty Domenech, Senior Director of NextEra Analytics and Engineering Valuation

  • Maintenance Optimisation
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  • Maintenance Optimisation

??????

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  • IoT/Predictions for Operations

Electricity generation capacity of 10,577MW, India's largest integrated power company Value Proposition Monitor the health and performance of critical assets fleet-wide in real time Deliverable Early warning of equipment problems, days weeks or months before failure Dynamic insights and deep-dive diagnostics for equipment behavior changes

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“…an effective tool in the predictive diagnostics space for detecting functional deviations and impending failures at an early stage for initiating suitable prioritized maintenance actions for enhanced reliability of critical power plant equipment.

– Praveen Chorghade, Chief - Core Technology and Diagnostics, Tata Power

  • IoT/Predictions for Operations
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AI saved more than $4.1 million by triggering early warning when a steam turbine had begun to malfunction. A total of 384 finds during three years has helped Duke avoid $31.5 million in repair costs since deploying AI.

  • IoT/Predictions for Operations
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  • Insights
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  • Insights + Chatbots
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  • Insights + Chatbots
  • Chat – Allows customers to receive answers to their questions quickly and easily. Reduced cost to serve.
  • Energy Efficiency – Provides individualized recommendations for energy savings
  • Demand Management – Optimizes the energy use of connected devices in the home and makes it easier to

participate in demand management events.

  • Bill Pay – Alerts customers to new bills and sends them to the bill-pay site
  • Outage Alerts – Provides timely outage notifications and updates on service restoration timing and completion.
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How and where to start?

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Intela ‘AI E4’ Strategy Framework

AWARE INITIATED EMBRACED ENABLED EVERYTHING EVERYWHERE YOUR ORGANISATION'S OPTIMAL AI ADOPTION STRATEGY

YOU ARE HERE? NEED TO BE HERE? WANT TO BE HERE?

How and where to start

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Phase 1: AI Readiness Analysis Phase 4 – Implementation Planning Phase 3 – Business Case Development Phase 2: Business Analysis

Recommended

CHANGE TECHNOLOGY PROCESSES PEOPLE CULTURE RESOURCES

POWERFUL INSIGHTS & OUTPUTS FOR EVERY LEVEL

How and where to start

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DATA OBJECTIVE MODEL SERVE USER

How get useful

  • utput during

time horizon? How to scale the model to be production ready? How update model to reflect reality? What is available? Data telemetry How to collect as much as possible

POV/C

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2018 Energy & Utility Predictions Artificial Intelligence and robotics will start to restore consumer faith in utilities Three-quarters of utilities that have implemented AI and already see a 10% improvement in sales 73% believe that AI and RPA will change their customer experience 65% feel that it will not just improve customer experience but also reduce churn.

1000 global utility companies surveyed

70% of smart meter users found the automation of appliances appealing

Smart Energy GB report survey of 3,000

How and where to start: Objective = Reduce Churn

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Micro Segmentation

Basic segmentation Location Energy consumption Property size Lifetime value

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Micro Segmentation

Micro segmentation Early riser Weekend warrior Party animal Home business

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95%

churn prediction accuracy

Client insights

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INSIGHTS

  • Network anomalies
  • Churn/acquisition
  • Asset status

CORE AI USE CASES FOR THE ENERGY SECTOR

IOT

  • Self healing grid
  • Smart homes
  • Real-time intel

PREDICTIONS

  • Outage/disruption
  • Demand profiles
  • Equipment life

OPTIMISATION

  • Reserve resources
  • Transactive Grid
  • Workflow / tasks

NEXT BEST ACTION

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AI = Electricity

We believe artificial intelligence will revolutionise business as electricity did for industry. Intela are AI power generators.

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Questions?