smart grid innovation

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SMART GRID INNOVATION

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SMART GRID INNOVATION. Overview. What is a smart Grid? About Adura Definition of an E- Buisiness Is Adura an E-Business? Adura’s Project to become a successfull E-Business? E-Business opportunities? Equipment required Identify threats and harms SWOT Analysis - PowerPoint PPT Presentation

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Page 1: SMART GRID INNOVATION

SMART GRID INNOVATION

Page 2: SMART GRID INNOVATION

Overview1. What is a smart Grid?2. About Adura3. Definition of an E-Buisiness4. Is Adura an E-Business?5. Adura’s Project to become a successfull E-Business?6. E-Business opportunities?7. Equipment required8. Identify threats and harms9. SWOT Analysis10. Conclusion: Recommended solution and justification

Page 3: SMART GRID INNOVATION

What is a Smart Grid?Strategy for transforming the power grid with advanced communications, automated controls, and other forms of information technology. This incorporates such things as:› Intelligent communications networks› Digital sensors and controls for remote monitoring and operation› Tools for grid planning, design and operation to simulate, plan and

automate complex transmission and distribution operations› Better ways to connect next-generation equipment such as advanced

storage, improved transformers, and superconducting wires› Advanced meters to collect usage data electronically and automatically› Load management/demand response technologies that help reduce

peaks in electric demand and thereby reduce the need for standby power plants

› Smart devices ranging from motors to HVAC systems (heating, ventilating, and air conditioning) to home appliances with embedded intelligence which will empower end-users to actively participate in this process.

Page 4: SMART GRID INNOVATION

About AduraAdura Technologies™ is a clean energy technology company that applies low-power wireless mesh networking technology to building automation. Their mission is to provide cost effective lighting solutions for retrofit of commercial buildings so that building owners, tenants, and facility managers can implement energy efficiency and load curtailment strategies reducing their operating cost and their carbon footprint. The core wireless technology was developed at the University of California, Berkeley Center for the Built Environment by Charlie Huizenga, one of Adura's founders. Adura subsequently developed an IP portfolio based on uses and improvements to the core technology.

Page 5: SMART GRID INNOVATION

Definition of E-BusinessAn E-business is every type of business transaction in which the participants prepare or transact business or conduct their trade in goods or services electronically

(Definition of e-commerce in E-competent Australia, ANTA, May 2000)

Page 6: SMART GRID INNOVATION

Is Adura an E-Business?

The Company Adura has promoted them selves on the internet to enable a larger customer reach to the other states in america. The website does not contain any form of prices or online transaction system. Access to products and services must be provided by emailing or calling the sales department which will result in a sales consultant providing a package.

Because of the current setup of the Adura website it is not an e-business.

Page 7: SMART GRID INNOVATION

Adura’s Project to become a successful E-Business?

Project 1 (website) Transform the website to become an e-

business. Project 2 (Company Product) To prove Adura’s products is the real

deal!!Use their agreed customers company office environment as a fine example of an office setup to promote their product.

Page 8: SMART GRID INNOVATION

E-Business opportunities for Adura?

Global market› Company reputation› Dominate Global competitors and

inventions Faster transaction sales Adura to cut back on staff Higher profits

Page 9: SMART GRID INNOVATION

Equipment requiredProject 1 (Website) Implement PayPal’s Website Payments Standard (WPS) LINK Costs? LINK

Project 2 (Company Product)Implementing an Adura LightPoint System will consist of the following elements:

Light controller

Sensor interface

Wall control interface

Gateway

Software

Benefits of WPS Well known You can accept credit or debit cards. You only need a basic understanding of HTML. Can even use WPS to collect subscriptions or donations online Quick way to transform your website into an online store for products and

services. You do not need a merchant credit facility. Start accepting payments right away! Your customers do NOT need a PayPal account in order to pay you.

Page 10: SMART GRID INNOVATION

Threats And HarmsIdentified

Threats and harmsQuantified

Threats and harms

Estimated risk

Failure of internet access Low LowFailure of IT Hardware Medium MediumHijacked web presence Medium MediumLoss of personnel Medium MediumPower Failure Low LowLoss of Established Clientele Low LowLoss of Business Reputation and Integrity

Low Low

Company rival competition Medium MediumShipping Medium Medium

Page 11: SMART GRID INNOVATION

SWOT AnalysisStrengths Remote control predict lamp or ballast failures Owners can reconfigure their lighting network as building

occupancy and use changes, without the need for costly rewiring. Zones and areas of control can easily be reconfigured with software rather than adding additional wires. There are no costly runs of conduit and wire, essentially reducing the cost of reconfiguration to zero.

Can produce reports on consumption and selected use of power. Easy to install enables you to cut lighting energy costs from 40% to as much as

70%  or more Wireless adapters can connect to either a light grid or individual

lights to allow control. Can produce either brighter/darker lighting depending on the

room and its needs.

Weakness Might not provide enough energy efficiency to

achieve cost savings. Office might not be large enough to benefit from

this technology Might not support all voltage types Regular maintenance to website Shipping costs can turn away customers from

other regions around the world.

Opportunities Company reputation Global market Faster transaction sales Adura to cut back on staff Higher profits

Threats Company reputation Rival competitions Voids equipment warranty Hardware Failure

Page 12: SMART GRID INNOVATION

CONCLUSIONRecommended solution and justificationRecommended solution: To install the Smart Grid solutions systemjustification: To effectively produce light in bright/dark

areas in the company and cut electrical costs.

Expand customer scope Increase Companies product and service

reputation. Improve Adura’s company operations

Page 13: SMART GRID INNOVATION

Questions?