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E.ON partners with AI startup to provide energy optimisation solutions

Published 05 March 2018

E.ON has partnered with Sight Machine, a software-startup, based in San Francisco to offer artificial intelligence-based energy optimisation solutions.

Sight Machine has created an Internet of Things enabled digital manufacturing platform, which uses artificial intelligence, machine learning, and advanced analytics to help address critical challenges in quality, productivity and visualization.

Sight Machine's expertise in the field of digital manufacturing is now being integrated with E.ON's expertise in the energy industry to develop unique digital solutions for the European market that will enable the optimization of energy and core manufacturing processes in unison. E.ON is the first energy company with which Sight Machine will cooperate in Europe. Alongside the partnership, E.ON Scouting and Co-Investment has made a venture capital investment into Sight Machine.

E.ON will use the technology to expand its own Optimum Platform. With Optimum, E.ON customers are already able to visualize their energy flows and rapidly identify potential improvements. Through the partnership, manufacturing and energy data are now turned into actionable information; customers will see improvements in operations, leading to increased profitability and reduced CO2 emissions.

Now machine uptime and utilization will be improved through predictive maintenance, while production bottlenecks, quality issues, and energy optimizations will be identified by pulling and analyzing available data from across manufacturing facilities.

E.ON Connecting Energies CEO Bernd Schumacher said: "Sight Machine has outstanding software and references in the industrial sector. Together, we will make our business-to-business customers fit for the competition of the future with brand-new solutions. In addition, we are showing an intelligent and efficient way to achieve CO2 savings in the economy."

Sight Machine CEO and co-founder Jon Sobel said: "In many manufacturing sectors, energy is a critical input and a significant source of cost variability.

"The partnership of E.ON and Sight Machine will give manufacturers an unprecedented ability to evaluate how energy-related decisions will affect their productivity, quality and profitability."

Source: Company Press Release