C3 AI Customer Con Edison Recognized in IDC Best in Future of Intelligence North America Awards
March 09 2022 - 9:00AM
Business Wire
C3 AI (NYSE:AI), the Enterprise AI software company, has
announced that Con Edison’s work with C3 AI was recognized in IDC’s
inaugural IDC Future Enterprise Best in Future of Intelligence
North America Awards. Con Edison, which serves the greater New York
City area, worked with C3 AI to customize and deploy AI
applications that decreased energy generation, operating costs, and
overall CO2 emissions. Con Edison was named in the Ability to
Synthesize Information category for how it scales AI with an
enterprise data and analytics platform.
“We are thrilled that IDC is recognizing the exceptional
progress Con Edison is making to deliver rapid innovation and
results by deploying enterprise AI applications,” said C3 AI CEO
Thomas M. Siebel. “Most importantly, through the insights produced
by the C3 AI platform, Con Edison provides customers more
information, more choice, more control, and more convenience in
managing their use of energy.”
When Con Edison started installing smart meters, or advanced
metering infrastructure (AMI), in 2017, they needed a solution to
manage the massive incoming data from readings taken every five to
15 minutes. Con Edison and C3 AI began by establishing a unified,
federated image of all relevant data to serve as a foundation for
the development of next-generation applications using the C3 AI
Suite.
Working with C3 AI, Con Edison currently integrates AMI data
from 27 enterprise source systems, creating 800 billion new rows of
data per year (or 2.2 billion a day), across a total of 4.7 million
electric meters installed at Con Edison and Orange and Rockland
Utilities to create a 20 TB enterprise data analytics platform,
growing at 1–2 TBs per year. By improving field productivity, and
in monitoring, prioritizing, and resolving meter and network health
issues across one of the most essential and complex electrical
distribution grids in the world, Con Edison’s enterprise data
analytics platform realizes an estimated $48.4 million per year in
operational benefit.
Over a four-year period, Con Edison and C3 AI worked together to
design, develop, deploy, and operate eight applications addressing
over 30 total use cases on the C3 AI Suite. In 2021, Con Edison
also deployed several enterprise AI applications, including one
that uses C3 AI Ex Machina, a no-code application.
The IDC Best in Future of Intelligence North America Awards
acknowledge those organizations that have proven themselves as
being leaders in enterprise intelligence. These organizations
defined and implemented a strategy to grow enterprise intelligence
by investing in their people, processes, and the technology
required and as a result have seen measurable improvements in
business outcomes.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI
delivers a family of fully integrated products including the C3 AI
Suite, an end-to-end platform for developing, deploying, and
operating enterprise AI applications and C3 AI Applications, a
portfolio of industry-specific SaaS enterprise AI applications that
enable the digital transformation of organizations globally.
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C3 AI Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations IR@C3.ai
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