Senet and Vutiliti: IoT systems for smart utilities
Amongst the companies choosing to invest are Chevron, Exelon’s subsidiary Constellation Technology Ventures and University Ventures Fund.
Designed to be a holistic energy management solution, Vutiliti’s IoT-based system is capable of reducing costs, GHG (greenhouse gas) emissions and operational safety hazards. Currently applicable for a variety of commercial applications, including solar power, the company is clearly demonstrating the value of data to the modern energy sector.
“We see a large information gap between what’s happening with utility usage and what’s possible with real-time data-driven insights,” said Steve Ellis, CEO and Founder.
“We are leveraging and refining IoT to transform that data into actionable information that benefits our customers’ bottom-line and sustainability performance. This technology will also enable faster development of energy-efficient innovations.
“We are excited to work with leading global investors who share our vision to always pursue the data that matters, the data that sparks change.”
Advancing smart meter infrastructure
An expert in cloud-based technology, the company has spent the past two years developing LoRaWAN networks for water metering projects that affect millions of households countrywide.
As the demand for water increases due to population growth, increased urbanisation, industrial/agricultural use and even the COVID-19 pandemic, Senet is pioneering digital solutions to try and resolve this issue.
Bruce Chatterley, CEO, commented that the company’s innovations would help businesses and communities in equal measure, allowing both to save costs and explore new services through enhanced data-based technology.
“Our Network-as-Service offering and other flexible network deployment models enable meter manufacturers and AMI solution providers to facilitate the modernisation of the water delivery infrastructure.”
“Through a combination of advanced metering technology and cloud-based network management solutions [...] utilities can focus on their core business and recognize the full value of AMI without the operational burden of building and maintaining the system infrastructure.”
Intelliwave SiteSense boosts APTIM material tracking
“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.
We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.
Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate.
With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.
There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.
Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture.
It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.
Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.
On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.
As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.
A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.