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| [December 14, 2012] |
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Bosch Software Innovations' Visual Rules Selected by Green Charge Networks to Help U.S. Utilities Manage Grid Efficiency and Reliability
CHICAGO & NEW YORK --(Business Wire)--
Bosch Software Innovations today announced that Visual Rules is used for
an energy management solution to provide utilities with real-time status
updates, decision aids and recommended options for load relief. The
business rules product has been integrated into Green Charge Networks'
GridSynergy™, which helps meet the growing demand for electricity in the
United States by increasing the utility's asset utilization and reducing
their capital expenditures.
Due to the growing population and economic growth as well as the
increased presence of electric vehicles, grid reliability and efficiency
are key concerns for utilities. In order to modernize the nation's
electric grid, smart meters are being rolled out nationwide and
internationally providing utilities with vast amounts of data.
"Utilities are inundated with data from smart meters, distributed
photovoltaic systems, and other network-enabled devices, in addition to
historical usage data," says Vic Shao, Chief Technology Officer at Green
Charge Networks. "The real challenge is how to put the data to work to
create actionable intelligence in real time."
Being a central part of the energy management application, Visual Rules
was primarily chosen for its unique graphical approach and its
scalability and high-volume speed performance capabilities. "Visual
Rules' intuitive user interface and runtime scalability made it our
leading choice for the complex and data-rich Smart-Grid environment in
which we specialize," says Shao. As part of a project on the New York
City grid, rule sets, managed with Visual Rules, process massive amounts
of real-time data and provide available options for strategically
relieving peak loads for grid operators. In addition, the rules engine
serves as the back ed, which processes utility asset data to flag
certain contingency conditions, and to suggest mitigation actions.
About Green Charge Networks
GCN, a leader in smart grid and energy storage technologies, develops
and operates intelligent systems to accommodate local demand for
electricity under existing generation and storage capacity restraints.
Working with utility companies as well as public and private sector
organizations, GCN is equipping the nation with advanced technologies to
reduce energy spending and achieve increased efficiency. Green Charge
Networks technology uses existing grid infrastructure and enables value
adds such as electric vehicle (EV) charging.
Bosch Software Innovations GmbH, the software and systems house of
the Bosch Group, globally designs, develops and operates innovative
software and system solutions for the Internet of Things and Services.
In this environment, we focus specifically in the areas of connected
mobility, connected energy and facility management, connected industry
and enterprises, and connected healthcare. With our core products,
"Visual Rules Suite" for Business Rules Management and the "inubit
Suite" for Business Process Management, we comprehensively support our
customers and partners in developing and implementing new markets and
business opportunities in the Internet of Things by linking functions
and processes, services and devices. Bosch Software Innovations provides
individual, customized solutions for financial institutions, financial
service providers and industrial companies.
With about 450 employees currently, Bosch Software Innovations is
globally represented with locations in Immenstaad, Waiblingen and
Berlin, Germany; Chicago, Palo Alto (News - Alert), Washington D.C., USA; and Singapore.
More information can be found at www.bosch-si.com
The Bosch Group is a leading global supplier of technology and
services. In the areas of automotive and industrial technology, consumer
goods, and building technology, more than 300,000 associates generated
sales of 51.5 billion euros in fiscal 2011. The Bosch Group comprises
Robert Bosch GmbH and its roughly 350 subsidiaries and regional
companies in some 60 countries. If its sales and service partners are
included, then Bosch is represented in roughly 150 countries. This
worldwide development, manufacturing, and sales network is the
foundation for further growth. Bosch spent some 4.2 billion euros for
research and development in 2011, and applied for over 4,100 patents
worldwide. With all its products and services, Bosch enhances the
quality of life by providing solutions which are both innovative and
beneficial.
Further information is available online at www.bosch.com
and www.bosch-press.com

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