DUBAI, UAE, Jan. 24, 2012 /CNW/ - Pacific Control Systems, the leading
provider of cloud computing services for energy management, today
announced the completion of its strategic acquisition of Infotility, a
pioneer of Grid Agents.
The acquisition brings together two pioneers of using intelligent
software agents, known as 'bots', to control and manage engineering
systems. It will create a unique capability to deliver Smart Grid
services in real time on a unified platform, one that has been long
awaited in the industry.
Pacific Controls is the world's leading provider of remote energy
management solutions for buildings and utilities, based on cloud
computing and M2M technology. The company has developed intelligent
Gbots to control and monitor a wide range of systems and processes in
real time with no human intervention. Infotility is the leading
provider of intelligent agent software for Smart Grids.
"One of our goals at Pacific Controls is to play a significant role in
the growing market for Smart Grid solutions, including managed demand
response services, by enabling large portfolios of smart buildings to
interface seamlessly into the grid," said Dilip Rahulan, Executive
Chairman of Pacific Controls. "With the acquisition of Infotility,
Pacific Controls adds the ability to expand our leadership in managed
energy services and combine the power of Gbots with Infotility's
GridAgents software-as-a-service (SaaS) platform. Combining these
solutions strengthens our pioneering work in using intelligent agents
for energy management and brings us greater depth of experience in
using bots to create Smart Grids."
"Pacific Controls recognized the benefits of Infotility's leadership in
Smart Grid and intelligent grid agent technology," said David A. Cohen,
founder and Chief Executive Officer of Infotility.
He added: "Over the last ten years, we have pioneered the development
and launch of GridAgents, the industry's first Smart Grid software
platform, and applications to support automated demand response and
distributed energy management. We demonstrated the first Multi-Building
Automated Demand Response program in California in 2004. Through the
Pacific Controls acquisition, we are now positioned to reach a global
customer base and can accelerate our ability to offer large-scale
demand response and distributed energy-based smart grid offerings. This
allows us to respond to the sustainability and energy efficiency goals
of commercial and industrial building owners as well as the reliability
goals of utility operators."
Cohen will continue to lead the team as Chief Operations Officer for
Pacific Controls Smart Grid Services globally.
This acquisition opens the way to transform the Smart Grid industry by
creating the 'operating system of the smart grid'. It will enable
services that include next-generation demand response, as well as
making it possible to integrate distributed energy and renewable into
the grid using intelligent grid monitoring and control solutions.
About Pacific Controls
Pacific Controls is a company providing ICT enabled managed services and
converged engineering solutions for buildings and infrastructure
projects globally. PCS has pioneered the technology for Smart Cities in
which buildings and infrastructure are managed centrally to increase
sustainability, leveraging the ICT infrastructure of telecom operators
around the world.
Infotility is the leading provider of intelligent agent software that
enables utilities to dramatically increase the efficiency and
utilization of grid assets. Its GridAgents' software has specific
applications on SmartGrid based energy networks, and is used for
integration of communities of renewable and distributed energy
resources, Microgrid management, intelligent load control and
coordinating smart charging applications, including photovoltaic &
storage, and future assets such as plug-in hybrid cars. http://gridagents.infotility.com
SOURCE Pacific Controls Systems
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