May, 2024 - Business News Week

business

Eaton’s Mobile Tech Day Showcases Cutting-Edge Solutions in Bangalore and other cities across Karnataka

Bangalore, INDIA – Intelligent power management company Eaton showcased its Mobile Tech Day 2024 in Karnataka earlier this month. The roadshow aimed to exhibit Eaton’s state-of-the-art solutions in electrical, mobility, and aerospace technologies that are set to revolutionize industries. The 40-foot advanced trailer traveled the length and breadth of India, connecting Eaton’s industry experts with customers face-to-face. The trailer was stationed across Hosur, Bangalore, and Hospet in Karnataka.

This exciting journey began in April 2023, with a grand flag-off ceremony in Haryana. This unique initiative has already made its mark—covering 13 states and extending its reach to over 77 cities.

Commenting on Eaton’s portfolio of Electrical solutions, Syed Sajjadh Ali, Managing Director, Electrical Sector, India, Eaton, said, “At Eaton, we recognize the enormous potential that India holds and are eager to explore opportunities to collaborate in the country’s infrastructure and commercial growth. As a leader in electrical products, systems, and services for power quality, distribution, control, and wiring, our electrical business offers technology-driven solutions that address the critical needs of diverse markets such as industrial, utility, commercial, residential, and information technology. This Mobile Tech Day campaign brings an exciting opportunity for Eaton to showcase our industry-leading technology solutions and product offerings to customers and end-users in the region.”

Commenting on Eaton‘s Mobility portfolio, Shailendra Shukla, Managing Director, Mobility Group, India, Eaton, said, “Eaton’s power management & eMobility solutions position us as an ideal partner for leading players and vehicle OEMs in India’s focused segments, enabling their growth and success. We are also the preferred choice for the aftermarket space, and we partner closely with our distributors, resellers, and users for our aftermarket products and solutions. Eaton‘s portfolio includes innovative products and alternative fuel solutions aimed at minimizing carbon footprint and creating a sustainable future. We take pride in the fact that we engineer to meet the specific needs of each segment with industry best practices. By doing so, we help our customers manage power more safely, reliably, and efficiently. Our eMobility business provides a robust portfolio of solutions by combining elements from our Mobility and Electrical businesses.”

The Tech Day highlighted Eaton’s innovative products spanning business sectors – Electrical, Mobility, and Aerospace. Within the exhibit, Eaton’s electrical division boasted diverse solutions tailored to meet individual customer needs. The electrical solutions included a comprehensive suite of medium voltage switchgear solutions. The products from Eaton’s electrical business, caters to a wide range of applications, offering both standardized and customized options to meet specific customer needs. The key solutions featured include medium voltage switchgear: Xiria, RVAC, Low voltage switchgear: ACB, MCB, MCCB, RCD, Fusegear: Bussmann range of HV/LV/EV fuses, Power Quality: 9PX and DXRT (1-ph online UPS), 93PR (3-ph UPS), EV Chargers: 22kW AC charger, and Software Solutions: Brightlayer.

In the mobility technology space, Eaton showcased Clutch Assemblies, Transmission: 9-speed and 4-speed (compatible with EVs), Traction control: MLD NoSpin Differential, and Air management: engine valves and valve actuation.

In Eaton’s aerospace solutions, the highlighted are complete aircraft electrical power solutions: circular and rectangular connectors, back-shells, signal and power contacts, fiber optic solutions, cable assemblies and conduits, power conversion, and hold down and release actuators.

news

Sharda University Researchers Announce Success of Nutraceutical Medication HARAS for Lung Protection for Smokers

May 30, 2024 by Gayathri Pariti 0 Comments #Dr. Mithilesh Mishra, #Dr. Vijay Kanuru, #Lung Protection, #Nanoved Research Foundation, #New Delhi, #Nutraceutical Medication HARAS, #Sharda University, #Sharda University Researchers

New Delhi, May 30, 2024 – Sharda University, in collaboration with Nanoved Research Foundation, has announced successful clinical trials of HARAS, a nanotechnology-based nutraceutical designed to protect smokers’ lungs by significantly reducing carbon monoxide (CO) levels. This breakthrough formulation utilizes curcumin, a compound derived from turmeric, and offers a promising preventive measure against smoking-related diseases. The announcement coincides with World No Tobacco Day, underscoring the urgent need for effective interventions in smoking cessation and lung health protection.

Cigarette smoking remains a leading cause of lung cancer and other chronic diseases, with statistics showing it accounts for 90% of lung cancer cases in men and 70-80% in women. Smokers are 15 to 30 times more likely to develop lung cancer or succumb to it compared to non-smokers. In light of this, Dr. Vijay Kanuru, Founder of Nanoved Research Foundation, have developed HARAS—a curcumin-based nutraceutical that boasts enhanced bioavailability through innovative nanotechnology.

Clinical trials, conducted by Sharda University’s esteemed researchers including Dr. Deepak Bhargava, Dr. Vidya Devi Chandvarkar, and Dr. Mithilesh Mishra, involved 25 healthy smoker volunteers who were administered 10 ml of HARAS juice daily for 30 days. CO levels were meticulously monitored using a breath analyzer at the beginning, mid-point, and conclusion of the trial. Results revealed a statistically significant reduction in CO levels by the 30th day (P<0.001), underscoring HARAS’s effectiveness in detoxifying smokers’ lungs. The clinical study findings are published in peer reviewed journals International Journal of Chemical and Biochemical Sciences and Journal of Oral and Maxillofacial Pathology.

Dr. Deepak Bhargava, Professor and Head of the Department of Oral Pathology and Microbiology at Sharda University, emphasized the clinical importance of these findings: “Our clinical studies demonstrate that HARAS provides substantial lung protection for smokers by significantly reducing carbon monoxide levels. This nutraceutical stands as a crucial tool in combating the adverse health effects of smoking.”

Dr. Mithilesh Mishra, Associate Professor at Sharda University, noted the clinical benefits: “In our extended study with 100 smoker patients, HARAS showed no side effects while significantly reducing CO levels, confirming its safety and efficacy.”

Dr. Vijay Kanuru, the innovator behind HARAS and a Cambridge-educated nanoscientist, elaborated on the breakthrough: “By utilizing liposomal nanotechnology, we have vastly improved the bioavailability of curcumin, allowing even small doses to offer significant health benefits. HARAS is not only beneficial for smokers but also provides protection against conditions induced by air pollution, such as fatigue, inflammation, and cardiovascular issues.”

Dr. Pradyut Waghray a leading pulmonologist at Apollo Hospitals Hyderabad, added: “HARAS’s capacity to mitigate cigarette smoke-induced pulmonary inflammation and oxidative stress marks it as a vital preventive measure for millions of smokers.”

HARAS operates by leveraging curcumin’s potent antioxidant and anti-inflammatory properties. Curcumin effectively reduces inflammatory signals and oxidative stress caused by cigarette smoke, thereby protecting lung tissues. The proprietary nanoformulation ensures that curcumin is efficiently absorbed by the body, maximizing its therapeutic effects.

The development and successful validation of HARAS signify a major advancement in preventive healthcare. By significantly reducing CO levels in smokers, HARAS can help mitigate the risks of lung cancer and other smoking-related diseases. This nutraceutical offers a non-invasive, safe, and effective approach to improving lung health and reducing healthcare burdens. HARAS is particularly beneficial for marginalized populations, providing an accessible solution to combat the detrimental health effects of smoking and air pollution. Announcing these findings on World No Tobacco Day underscores the urgent need for innovative solutions to address global tobacco-related health challenges.

health

Both vaping and smoking are harmful to health

May 30, 2024 by Gayathri Pariti 0 Comments #COPD, #Dr. Srikrishna Raghavendra Boddu, #health, #Kamineni Hospitals, #Smoking, #The Burning issue, #The Modern Menace, #Volatile organic compounds

Dr. Srikrishna Raghavendra Boddu,Consultant Physician, Kamineni Hospitals, LB Nagar

The two prevalent habits in our society: vaping and smoking have long-term ill-effect on the health of individuals and are pertinent on the eve of the World No Tobacco Day, May 31st, 2024. The habit of vaping in young generations has become a luxury among both men and women without understanding the consequences or long-term effects. People asking for a smoke deaddiction are seeing vaping as a better alternative rather than seeing a specialist. Both practices, vaping and smoking when scrutinized under scientific studies, have shed light on their detrimental health effects.

Vaping (e-Cigarettes): The Modern Menace

Proponents of vaping argue that it is a safer alternative to traditional flavourings and other chemicals. Studies have shown that vaping can cause inflammation and irritation in the lungs, organ damage and addiction. Long-term effects are not fully understood, but there is evidence of potential harm from substances that are used for vaping such as diacetyl, heavy metals and volatile organic compounds (VOCs) delivered to the lung. Today, many people who are resenting to vaping, are defending their choice as to be the safest choice of warding off nicotine without any scientific clues and spoiling their health slowly.

Smoking: The Burning issue

Smoking is a well-established health hazard. Tobacco smoke contains over 6000 chemicals, which are toxic and also carcinogenic. Smoking itself has been well aware as a potential risk factor that can lead to heart disease, stroke, chronic obstructive pulmonary disease (COPD) and various types of cancers. It affects almost all the organs in the body and is classified as the leading cause of preventable death.

Scientific Evidence:

A study published in “Respiratory Research” suggests that while e-cigarettes might be less harmful than conventional cigarettes, they still pose a great danger and their long-term effects are scarcely investigated. Another study funded by the National Institute of Health found that long-term use of e-cigarettes can significantly impair blood vessel function, increasing the risk of cardiovascular disease.

A Diabolic conclusion:

Both vaping and smoking carry long-term disadvantages that can impact the health. While vaping is often marketed as a safer alternative, the lack of long-term studies and the presence of harmful chemicals present significant risks. Smoking with its extensive research, continues to be a major health threat.

business

Companies boosting productivity across industries

May 30, 2024 by Gayathri Pariti 0 Comments #ACT Fibernet, #ACT stream TV 4K, #Companies boosting productivity across industries, #ERP cloud systems, #Headquartered in Schaan, #Hilti, #ISPs, #NBFC, #OEM’s

With multiple industries blooming in India, a lot of forward-thinking companies are bringing in enhancements and making lives easier. These brands are helping ease processes, build value, save time and lives, enhance efficiency and induce productivity. Through their offerings, increased customer satisfaction and experience are also witnessed and the potential is brought to the forefront. Here, we delve into these brands, that are setting new benchmarks:

1. Hilti – Headquartered in Schaan, Liechtenstein, and with facilities in 120 countries, Hilti is committed to making construction better through technology, power tools, software, and services. Its direct sales approach enables deep customer connections to understand their needs for productivity, safety and sustainability. In India, it has been a journey of over 25 years. Operating nationwide, Hilti India boasts an advanced manufacturing facility for high-quality concrete cutting diamond inserts and a global product development team driving innovation in mobile apps, internet technologies, and data analytics for construction industry. Hilti has been certified seven times as a Great Place to Work and also distinguished as a leading workplace for women in construction and infrastructure.

2. ACT Fibernet – ACT Fibernet is one of India’s largest wired ISPs, headquartered in Bengaluru, with operations in 25 cities and serving 2.2 million customers. Known for its cutting-edge technology and high-speed broadband connectivity, the company made waves in 2019 with the launch of its consumer product, ACT stream TV 4K. ACT Fibernet pioneered 1 Giga-speed connectivity in India, first in Hyderabad in 2017, followed by Bengaluru and Chennai in 2011.

3. TreadBinary – TreadBinary provides expertise in Research and Development process and help with designing robust data management systems. TreadBinary’s expertise is crucial for startups aiming to track their progress and manage their finances effectively. Additionally, to track governance tasks such as accounting, and project management, ensuring that operations run smoothly and funding is utilised efficiently to prevent premature exhaustion. They leverage advanced technologies like ERP cloud systems, artificial intelligence, and machine learning to enhance service delivery and improve outcomes. By integrating these technologies, TreadBinary can support sustainable growth and operational success for startups, ensuring they remain competitive and innovative in their respective fields.

4. Revfin – Revfin, an innovative digital lending platform, is spearheading a transformation in sustainable mobility while actively promoting financial inclusion in India by offering convenient and accessible financing solutions. Revfin employs cutting-edge techniques such as Biometrics, Psychometrics, and Gamification to issue loans based on non-traditional data sources through its own NBFC. With a robust digital infrastructure and IoT-enabled monitoring capabilities, Revfin stands out in vehicle tracking, empowering drivers to optimise their earnings. Since its establishment in 2018, Revfin has been at the forefront of revolutionizing sustainable mobility, initially focusing on financing E3Ws and later expanding its scope to encompass various electric vehicles, including 2Ws, 4Ws, batteries, and charging stations. Sustainable mobility, ecosystem development, financial inclusion, and women’s empowerment form the core principles of Revfin, evidenced by its financing of approximately 50,000 vehicles across all categories and by partnerships with over 50 OEMs.

As they bring in innovations, these companies are upgrading their industries and setting examples.

business

Aditya Group of Institutions hosts International Research Conference

May 30, 2024 by Gayathri Pariti 0 Comments #Aditya Group of Institutions, #Aditya Institute of Management, #AIMSR, #Dr. Sunita Srivastava, #International Research Conference., #Mr. Yatin Shah, #Mumbai, #The 12th International Research Conference 2024

Mumbai, 30th May 2024: The 12th International Research Conference 2024 organized by Aditya Institute of Management Studies and Research – Mumbai (AIMSR) and Aditya School of Business Management (ASBM), on “Shaping Future Leaders to Navigate Disruptions,” concluded successfully marking a significant milestone in the global discourse on leadership in times of uncertainty.

AGI Image 2

Inaugurated by Dr. Sunita Srivastava, Dean of Management and Director at AIMSR, the conference attracted many renowned attendees including researchers, policymakers and practitioners who engaged in lively discussions and presentations, addressing a wide range of topics on leadership and innovation. Ms. Bhavana Shah, the Deputy CEO of NK Proteins, Malaysia, delivered an energetic and insightful speech on the need for future leaders to convert their talent into strengths and sharpen their communication skills.

Mr. Yatin Shah, AIMSR alumnus and Head of Marketing and Brand Communications at Vahura, enlightened us on the difference between finite and infinite possibilities and the importance of existential flexibility. Ms. Sulekha Chandra added her insights by sharing takeaways from her book “Leadership Excellence,” launched in the presence of the Honourable Vice President of India. The discussions were followed by the launch of the Compendium, a compilation of select abstracts from across the country and abroad.

The panel discussion, moderated by Dr Sunita Srivastava, featured esteemed speakers like Dr. Dinesh Kumar Shrivastava, Professor at IIM Mumbai; Dr. Neil Sequeira, COO of Thane Cancer Hospital; and Mr. Shreyas Bhargave, Director of Technology at Capgemini. They delved into the topic “Adapting Leadership Styles to Disruptions.”

Research paper presentations were conducted in four parallel tracks, both online and offline. Mr. Vivian Lobo, Director of Academix Consultants, Brisbane, concluded the conference by discussing the qualities of great leaders and the valedictory ceremony honoured the six best research papers with awards. The conference drew participation from over 130 researchers, including corporate professionals, faculty, and students. Dr. A.S. Suresh Iyer, Director of ASBM, proposed the vote of thanks, expressing gratitude to all attendees present both online and offline for their generous support. Special mention to teams AIMSR and ASBM for orchestrating such an informative and impressive conference.

business

Swiss Pac India elevates Digital Printing capabilities with HP Indigo 25K

May 30, 2024 by Gayathri Pariti 0 Comments #A Appadurai, #HP, #HP Indigo & PageWide Web Press, #HP Indigo 25K, #HP Indigo 25K Digital, #Innovation, #New Delhi, #Prashant Vachhani, #Swiss Pac India, #Swiss Pac India elevates Digital Printing

New Delhi, May 30, 2024 – As part of its dedication to pioneering packaging solutions, Swiss Pac India has recently integrated the cutting-edge HP Indigo 25K Digital Press into its operations in Gujarat. This strategic installation equips Swiss Pac with the capability to swiftly meet the evolving demands of the market, particularly catering to the needs of small and medium-sized businesses (SMBs). With the HP Indigo 25K, Swiss Pac is poised to deliver vibrant packaging solutions across various sectors, ranging from colorful coffee and tea pouches to sophisticated beauty product packaging, stylish pet food packs, and eco-conscious health food bags.

Prashant Vachhani, Managing Director, Swiss Pac (2)

Prashant Vachhani, Managing Director, Swiss Pac said, “Swiss Pac has always been at the forefront of innovation, from being the first to market with India’s largest stock range of ready-made pouches to now the addition of the HP Indigo to our repertoire. It is a testament to our unwavering commitment to providing our customers in India and beyond with the best-in-class solutions. This investment allows us to offer small to medium-sized artisanal businesses the opportunity to elevate their brand presence through highly customized packaging that truly reflects their unique identity.

He further added “We understand the challenges faced by small to medium-sized businesses in today’s competitive market, and our goal is to empower them with the tools they need to succeed. With the HP Indigo, we are opening a world of possibilities for businesses in India to unleash their creativity and make a meaningful impact with their packaging”.

Speaking on the new installation, A Appadurai, Country Manager, HP Indigo & PageWide Web Press, HP India market said, ” We are proud to partner with Swiss Pac on the cutting-edge technology that will revolutionize the flexible packaging industry. Like HP, Innovation and Quality has been the DNA of Swiss pac. The HP Indigo 25K at Swiss Pac will be boon to the brand owners in India by eliminating the MoQ’s, significantly reducing the turnaround times and producing the packaging with least carbon footprint compared to any printing technology that exist. This is going be a game changer for the flexible packaging industry”.

Tailored to meet the growing demand for shorter print runs and faster time-to-market, this cutting-edge digital press ensures Swiss Pac’s customers enjoy personalized experiences. With increased efficiency and capability to handle larger label runs, the HP 25K empowers small and medium-sized businesses to compete directly with industry giants.

HP Indigo 25K digital press uses HP Indigo LEP and One-Shot Color Technologies to deliver gravure-matching color quality. With patented Indigo Spot Master technology, the brands can reach the perfect color registration in minutes and maintain consistent color output with the highest quality. With the widest color gamut and a comprehensive white portfolio, Swiss Pac can also ensure precise spot colors matching up to 97% of PANTONE® colors and deliver tailored solutions that stand out on the shelf.

With sustainability at its core, the HP Indigo 25K Digital Press offers reduced production waste and enables the creation of compostable and recyclable pouches. By integrating printing, lamination, and pouch-making technologies, HP provides the most sustainable and efficient method for producing on-demand flexible packaging.

news

Nashville Fried Chicken Makes Its Grand Entrance in Hyderabad

May 30, 2024 by Gayathri Pariti 0 Comments #Grand Entrance in Hyderabad, #Hyderabad, #Massive Restaurants Pvt Ltd, #Mr.Zorawar Kalra, #Nashville Fried Chicken, #Slyce Pizza

Hyderabad 30th May, 2024 – : Imagine the perfect fried chicken: crispy, succulent, and utterly irresistible. After captivating taste buds in Bangalore & Mumbai, the delightful crunch of Nashville Fried Chicken arrives in Hyderabad. Crafted by the culinary visionaries at Massive Restaurants Pvt Ltd, the geniuses behind Louis Burger and Slyce Pizza, Zorawar Kalra presents a fried chicken experience like no other. Get ready for a zesty, tangy, and savory adventure that will redefine your fried chicken cravings.

NFC -4

Nashville Fried Chicken is at the forefront of a fried chicken revolution, setting itself apart with a truly innovative approach. Unlike other brands, they let their fried chicken take the spotlight as the star of the show. What makes their Fried chicken experience different?

– 18 hour Marination to achieve that perfect blend of spices and flavor in every bite

– In House Gourmet Sauces, to elevate fried chicken eating experience, like Comeback Sauce, Secret Sauce, Honey Mustard Sauce and the Hot n Spicy Sauce,

– Special Soft Glazed Buns which are meticulously proofed overnight to achieve unmatched level of lightness and fluffiness that can only be compared to the ethereal softness of clouds.

– Exceptional packaging, which delivers an amazing at home dining experience

Speaking on the launch Mr.Zorawar Kalra, the founder and Managing Director of Massive Restaurants Pvt Ltd, expressed his excitement about the launch of Nashville Fried Chicken “Having seen the love from our beloved Indian patrons towards Louis Burger we are thrilled to now bring the delightful flavours of Nashville Fried Chicken/NFC to Hyderabad. Our team has worked tirelessly to develop a menu that combines the best of global culinary expertise with the authentic taste of fried chicken. Our goal is to satisfy the cravings of fried chicken enthusiasts by offering a truly exceptional dining experience, from the comfort of their own homes.”

So prepare yourself for an Unmatched Flavor Expedition! Their menu boasts an array of tantalizing options, starting with signature Fried Chicken Bucket offered in three flavours Peri Peri, Chilli Garlic, Chilli Habanero, and Hot n Spicy. Or dive into their wide array of 8 delectable chicken tenders, ranging from succulent glazed options like BBQ, Teriyaki, Chipotle Lime, and Chili Habanero or for those seeking an extra punch, indulge in their Hot n Spicy, Nashville Style, and Cluckin’ Hot Tenders. For Burger aficionados, rejoice! Nashville Style Fried Chicken burger steals the spotlight, complemented by spicy slaw and perfectly dusted with paprika.

A strategic choice to exclusively serve customers through online platforms guarantees the utmost convenience. Now, you can relish their delectable offerings in the cosy confines of your own home, whether it’s a lively house party, a competitive game night, or a leisurely day on the couch. From the kitchen to your doorstep, the special packaging ensures it maintains the crispy goodness throughout the entire delivery process, ensuring a delightful experience from start to finish.

Nashville Fried Chicken promises to send you the crunchiest and juiciest and delectable fried chicken each and every time. Fresh and crunchy mouthwatering fried chicken right at your doorstep. Every bite will be as crispy and delightful as if it just came out of the fryer. Nashville Fried Chicken wants all residents of Hyderabad to say ‘It’s Clucking Good’! Experience the irresistible flavours and distinctive charm of this new fried chicken brand by placing your order online today.

business

6th National Housekeeping Convention & 9th PHA Anniversary to Illuminate Technology-Enabled Housekeeping

May 30, 2024 by Gayathri Pariti 0 Comments #6th National Housekeeping Convention, #9th PHA Anniversary to Illuminate Technology, #Augmented Reality, #Dr. Josyula Shekar, #Housekeeping, #i2i Softwares, #Kamalya Group & Clarks Exotica Convention Resort & Spa, #Machine Learning, #Mr. Balaji M, #Mr. Venkatesh Subramani, #Ms. Indrani Sanyal, #Ms. Jayashree Nagaraj, #Ms. Smita Rathod, #Zyvana Integrated Services Pvt Ltd

Bengaluru, May 30 2024 – The Professional Housekeeping Association (PHA) in collaboration with the Young United Visionary Association held the 6th National Housekeeping Convention & 9th PHA Anniversary on May 25th, 2024 at Clarks Exotica Convention Resort, Bangalore.

Mr. Balaji, Nilisha, Varun

The convention’s central theme revolved around “Technology-enabled Housekeeping,” exploring the pivotal role of Augmented Reality (AR), Virtual Reality (VR), Artificial Intelligence (AI), Machine Learning (ML), Metaverse, and Digitalization in revolutionizing housekeeping operations, administration, and management.

Ms. Jayashree Nagaraj, Founder President & Chairperson of PHA, served as the esteemed Ambassador of the event, underscoring her commitment to advancing the standards and practices within the housekeeping industry.

The convention boasted an impressive lineup of distinguished guests and speakers. Mr. Balaji M, Group CEO of Kamalya Group & Clarks Exotica Convention Resort & Spa, graced the occasion as the Guest of Honor, highlighting the significance of innovation and collaboration in hospitality.

Ms. Smita Rathod, Corporate Executive Housekeeper & Director of Rooms at The Leela Hotel Conventions Residences, delivered the keynote address, and shared insights from her extensive experience in leveraging technology to enhance guest experiences and operational efficiency.

Mr. Venkatesh Subramani, Founder & CEO of i2i Softwares, took the stage as the Distinguished Speaker on Digitalization, and shed light on the latest trends and innovations reshaping the housekeeping landscape.

Dr. Josyula Shekar, Director & CEO of Zyvana Integrated Services Pvt Ltd, served as the Lead Speaker, offering invaluable perspectives on integrating technology into housekeeping practices to drive sustainability and profitability.

Ms. Indrani Sanyal, GM Housekeeping at Medica Super Specialty Hospital, Kolkata, took the role of Chief Convener, orchestrating discussions and collaborations among industry professionals.

A key highlight was the presentation of “Immaculate Innovations: Expertise Shared by Housekeeping Titans,” showcasing groundbreaking initiatives and best practices from leading experts in the field. Additionally, attendees benefited from insightful research papers and findings on AI-enabled housekeeping, setting a roadmap for future advancements and industry standards.

The 6th National Housekeeping Convention & 9th PHA Anniversary was a landmark event, uniting industry stakeholders to explore the limitless possibilities of technology in shaping the future of housekeeping.

business

Honeywell Forge AI Solutions Boost Utility Grid Modernization

May 30, 2024 by Gayathri Pariti 0 Comments #Advanced Metering Infrastructure, #Ben Dawson, #Grid Modernization, #Hamed Heyhat, #Honeywell Forge AI Solutions, #Honeywell Forge Performance, #Honeywell Smart Energy and Thermal Solutions, #Mumbai, #SECO Energy, #SparkMeter

Mumbai, May 30, 2024 – Honeywell introduced Honeywell Forge Performance+ for Utilities, a groundbreaking platform designed to help utilities improve their operations and enhance performance of existing utility grid assets and IT investments. The integration of automation software for utilities supports Honeywell’s alignment of its portfolio with the automation and energy transition megatrends.

Honeywell Forge Performance plus for Utilities

The new solution is built on Honeywell Forge, which incorporates artificial intelligence (AI), machine learning, and digital twin capabilities intended to help utilities monitor assets, effectively identify root-cause, and introduce predictive analytics to become more proactive with grid asset management. Forge Performance+ for Utilities also enables automation processes like demand response and distributed energy resource management to increase grid reliability and stability.

“Honeywell Forge Performance+ for Utilities is designed to enhance existing systems, providing greater value to utility companies’ investments and supporting a seamless combination of capabilities from various tools into a single, reliable platform,” said Hamed Heyhat, President of Honeywell Smart Energy and Thermal Solutions (SETS). “Through the power of digitalization, utilities will now have access to more quality data to better serve their customers and assets.”

Most traditional utility distribution grids were designed over a century ago to support highly predictable top-down generation and distribution of energy, water, or gas to consumers, leading to a lack of data or siloed data. Today, utilities face new challenges ranging from interpreting massive amounts of Advanced Metering Infrastructure (AMI) data and grid asset data to managing the accelerating adoption of less predictable Distributed Energy Resources (DERs). These renewable energy sources include solar panels, wind turbines, energy storage systems and electric vehicles.

Honeywell Forge Performance+ for Utilities delivers near real-time insight to help utilities improve grid operation and address variability associated with new energy sources. The solution also provides a “bottom up” forecast of energy demand, available distributed power generating assets and controllable loads designed to provide heightened operational visibility. With this visibility, utilities are able to better balance energy supply and demand which contributes to grid reliability and resiliency.

“The industry needs an innovative solution to help store and digitalize the multiple data streams from complex utility infrastructures around the world,” said Ben Dawson of SECO Energy, a not-for-profit electric cooperative based in Central Florida. “Honeywell Forge Performance+ for Utilities’ ability to receive real-time actionable insights on one connected platform helps utilities better connect with their customers worldwide.”

The innovative platform integrates, organizes, and visualizes data from various sources to accelerate analytics processes and digitalize utility grid data into actionable, real-time business and operational insights. It can run a variety of applications, including those from both Honeywell and third-party partners such as SparkMeter.

Archive: May 30, 2024