TEL AVIV, Israel, August 21, 2018 /PRNewswire/ --
mPrest
Brings Mission-Critical IoE Technology to European
Utility Market for Smarter, Greener Energy
mPrest, the mission-critical monitoring, control and big data
analytics software leader for the industrial IoT market, announced
today the expansion of their global footprint into the European
utility market. mPrest will kick off their European expansion at
the 2018 CIGRE Paris Conference, Booth #350 at August 27-31.
(Logo:
http://mma.prnewswire.com/media/546428/mPrest_Logo.jpg )
At CIGRE, mPrest will be showcasing their production proven,
Grid Modernization System of Systems applications and demonstrate
their latest smart energy software products including the
Distributed Energy Resource Management System (mDERMS), Asset
Health Management, URD Cable Fleet Maintenance Optimization, and
Critical Event Management.
"The European utility market is a forward-thinking, fast-growing
market with savvy consumers who demand smarter, greener energy,"
said Ron Halpern, Chief Commercial
Officer at mPrest. "Europe has
always been quick to adopt alternative energy resources and
integrate advanced technologies to future-proof the utility
industry, and mPrest is looking forward to playing a part in the
European market's transformation, as we already are in other global
markets. Our production proven System of System and Grid
Modernization applications, many of which we will be showcasing
at CIGRE Paris, are the next generation of IoE (internet of
energy) applications for utilities."
mPrest will be showcasing their revolutionary IIoT solutions at
CIGRE, including:
- mDERMS, for distributed energy management, revolutionizes the
way distribution power utilities manage their evolving power
grids.
- Volt/VAr Control - As renewable DERs become more widely
deployed, this creates stability and reliability issues for the
distribution system operators. mPrest will be demonstrating its
voltage management capabilities which complement our DER energy
management product.
- Asset Health Management, provides real-time monitoring,
analytics, and accurate predictive maintenance for critical
assets.
- URD Cable Fleet Maintenance Optimization, reduces costs and
improves the URD cables fleet reliability using big data analytics
and AI-driven algorithms.
- Major Event Management, enables utilities to be better prepared
for natural disasters, create optimal de-energization and
restoration plans, and manage the events in real time to accelerate
recovery times and reduce costs.
The global utility industry is facing increasing challenges as
consumers and consumer products become more connected and more
dependent on IoT technology. Beyond the challenges of
integrating new technology into existing infrastructure, utilities
must also adapt to seamlessly integrate renewable energy sources -
such as wind and solar energy - into existing grids. mPrest
provides utilities with a "system of systems" to combine,
analyze and even monetize all of these moving parts.
Launching operations in the European market, mPrest will be
focusing on developing strategic partnerships with key partners and
utilities, and implementing the vision of assisting utilities to
achieve innovative business models while supporting renewable
energy and demand response initiatives.
About mPrest:
mPrest is a global provider of mission-critical monitoring,
control and big data analytics software. Leveraging the power of
the Industrial IoT, mPrest's integrative "system of systems" is a
proven catalyst for digital business transformation. Our innovative
management solutions have been deployed in next-gen applications
for carrier service providers, system integrators, smart cities as
well as IoE (Internet of Energy) applications for power
utilities, defense and HLS. For more information on mPrest,
visit http://www.mprest.com.
mPrest Media Contact:
Brandon Weinstock
Headline Media
brandon@headline.media
+1 914-336-4878