Tom Siebel Delivers Opening Keynote at 2017 TPG CIO/CTO Summit
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TPG Growth, the $7 billion middle market and growth equity investment platform of TPG, invited C3 IoT CEO Thomas Siebel to deliver the opening keynote address at the 2017 TPG CIO/CTO Summit, held April 27-28 in San Francisco.
Siebel provided his unique perspective, based on 40 years of experience in the information technology industry, on the second post-industrial revolution, in which the convergence of new and disruptive technologies – AI, elastic cloud computing, big data, machine learning, predictive analytics, IoT – is driving a new paradigm in the application of information and communications technology to reshape business and social processes.
C3 IoT CEO Thomas Siebel hosted 30 dignitaries from Securing America’s Future Energy (SAFE), a non-partisan, action-oriented organization committed to combating the economic and security threats posed by America’s dependence on oil, at the company’s Silicon Valley headquarters on Wed., April 26, 2017.
SAFE members, including Fortune 500 CEOs, notable government leaders, and significant investors, selected C3 IoT as a lynchpin in the group’s efforts to understand cutting-edge technologies in energy and mobility – and the creators behind these innovations – to transform and strengthen economic opportunity and environmental sustainability.
“C3 IoT’s work across industry sectors is a model for the sometimes unexpected ways in which innovation improves lives and societies as a whole,” said Robbie Diamond, Founder, President, and CEO of Securing America’s Future Energy (SAFE). “C3 IoT’s roots in the energy industry demonstrate an important lesson about the ability of technology to strengthen energy security and, in turn, provide a host of benefits when scaled in an informed market with an enlightened policy and regulatory framework.”
Siebel discussed C3 IoT innovations in leveraging big data, elastic cloud computing, artificial intelligence, and machine learning to enable a new generation of predictive analytics software solutions that enhance the performance, reliability, resilience, and safety of industrial-scale systems, including the power grid.
Redwood City, Calif. – March 1, 2017 – C3 IoT CEO Thomas M. Siebel delivered a keynote address about industrial-scale digital transformation at the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) annual Energy Innovation Summit held this week in Washington, D.C. Now in its eighth year, the summit draws more than 2,200 participants and the top minds in energy to discuss cutting-edge energy issues and cultivate relationships with leaders from industry, government, and academia to advance technologies toward deployment.
Siebel provided his perspective on applying the sciences of big data, elastic cloud computing, artificial intelligence, and machine learning to enable a new generation of predictive analytics software solutions that enhance the performance, reliability, resilience, and safety of the power grid.
“The American energy grid, arguably the most important infrastructure to society, is increasingly vulnerable to cyber-attack and exists in a tenuous state. Given that virtually all other sectors rely on the electric grid to deliver their services, the resiliency of the power grid is crucial to the nation’s security. Events such as the ARPA-E Energy Innovation Summit are critical to driving active collaboration among researchers, the private sector, and government agencies to develop and deploy solutions for increasing the resilience of energy networks and other critical infrastructure.” – Thomas Siebel, Founder and CEO, C3 IoT
AWS Vice President of Worldwide Commercial Sales, Mike Clayville, introduced C3 IoT CEO Tom Siebel to an audience of nearly 5,000 professional salespeople at the annual Amazon Web Services Sales Kick-Off (AWS SKO) meeting in Las Vegas on February 16th.
Siebel gave the event’s closing keynote, addressing best practices in selling enterprise software to large global organizations gleaned from more than 40 years of IT industry experience.
Siebel is renowned for his effectiveness as a leader and for building global companies known for excellence, quality, integrity, and performance.
Redwood City, Calif. – October 26, 2016 – C3 IoT CEO Thomas M. Siebel delivered a keynote address about the impact of the Industrial Internet of Things (IIoT) at McKinsey & Company’s Technology Executive Discussion Series (TEDS), held this week in Half Moon Bay, CA. The semi-annual TEDS conference convenes technology leaders from global companies to share and debate topics affecting the technology sector and its ecosystem.
A visionary at the forefront of industries’ shift to digital transformation, Mr. Siebel shared his perspective on the myriad ways today’s most cutting-edge technologies – including big data, advanced analytics, and machine learning – enable a new generation of smart, adaptive software applications and business processes that empower organizations to create competitive advantage through operational efficiencies, customer engagement, and differentiated products and services.
The McKinsey Global Institute estimates the potential economic impact of new IoT applications and products to be as much as $3.9-$11.1 trillion by 2025. C3 IoT is positioned as an early leader in this market with its cohesive development platform that enables IT teams to rapidly design, develop, and deploy enterprise-scale big data and IoT applications. With more than 20 enterprise-scale customer deployments and 70 million devices under management, C3 IoT is “clearly miles beyond its established competitors,” according to Harbor Research.
Redwood City, Calif. – June 16, 2016 – C3 IoT™ director of EMEA Christophe Ishkanian presented on big data analytics, machine learning, and predictive maintenance for large-scale Industrial Internet of Things (IIoT) systems at the 2nd annual IoT Global Innovation Forum held this week in Barcelona.
The conference brought together leading technology innovators, business strategists, and senior executives from around the world to discuss the latest applications and emerging business models and opportunities within the Internet of Things ecosphere. Through a series of presentations and panel discussions, top industry executives shared the latest IoT case studies and industry innovations. In addition to C3 IoT’s Ishkanian, speakers included business leaders and technology experts from Google, Intel, Nokia, Qualcomm, and others.
In his presentation, Ishkanian addressed how IoT is rapidly emerging as a competitive advantage, unlocking data-driven business insights for improved operations, enhanced customer engagement, and differentiated products and services. He provided an in-depth review of a large, global integrated power company that has deployed the C3 IoT Platform™ across the enterprise. The organization is using advanced analytics and machine learning at scale, in real time, to deliver smart, adaptive applications such as predictive maintenance for network assets, which identifies high-risk assets before they fail, optimizes asset maintenance and planning, reduces unexpected capital expenditures, and mitigates unplanned downtime.
Redwood City, Calif. – May 13, 2016 – C3 IoT CEO Thomas M. Siebel delivered the keynote address on the impact of the Industrial Internet of Things at a symposium on IoT and sustainability, hosted by the Center for Information Technology Research in the Interest of Society (CITRIS) and the Banatao Institute at UC Berkeley yesterday.
Siebel discussed the power of next-generation technologies, including real-time streaming analytics, machine learning, and elastic cloud computing, to deliver a new class of smart applications that support predictive decision making, optimize operational efficiency, and minimize industrial risks. As value chains across energy production, healthcare, transportation, and telecommunications become increasingly sensored and connected, there is immense potential for the integration, processing, and analysis of big data to enhance the safety, reliability, resilience, and environmental integrity of large-scale systems and provide extraordinary social and economic benefit.
“We were honored to have Tom Siebel offer keynote remarks at the conference. He has established a proven track record in identifying and applying improvements in information technology to solve complex system problems,” said Dr. Camille Crittenden, Deputy Director, CITRIS. “Our audience of academic, industry, and government leaders gained unique insight from his expertise in using advanced data science to deliver on the promise of the Internet of Things.”
CITRIS and the Banatao Institute hosted this week’s symposium, called “IoT & Sustainability: Practice, Policy and Promise,” to explore the promise of IoT platforms as a nexus of innovation for managing energy, water, and transportation in urban environments. Attendees discussed technology-enabled opportunities to promote sustainability and business, and how these developments can be implemented to improve efficiency and civic health.
“Business leaders need to look at IoT – and the technologies that deliver accurate and actionable predictions – as a strategic competitive advantage”
Redwood City, Calif. – March 16, 2016 – At the IDC Pan-European Utilities Executive Summit 2016, held this week at Lake Como, Italy, C3 IoT™ Senior Vice President Julien Groues gave a day-one presentation on the economic value of enterprise data analytics and the disruptive impact next-generation IoT applications are having on traditional utility business models.
To an exclusive, invitation-only audience of corporate and IT executives at Europe’s leading utilities, Groues described the requirements underpinning a new class of enterprise IoT software applications. They must integrate cloud computing, big data, IoT, connected sensor networks, analytics, and machine learning in order to enable utilities to unlock operational insights across their entire value chain, inform real-time decision making, and attain new levels of productivity.
“C3 IoT has developed a platform and suite of application solutions that may well change the face of the European utility grid. As Europe embraces IoT through its Industry 4.0 initiatives, C3 IoT is well positioned to have similar impact,” said Dr. Urban Keussen, Vice Chairman, TenneT.
With more than 20 large-scale production deployments worldwide – including leading utility and energy providers, which were among the first to install millions of smart devices and sensors – C3 IoT (formerly known as C3 Energy) has demonstrated its ability to rapidly design, develop, and deploy enterprise IoT applications that enable business transformation.
C3 IoT recently expanded the application of its C3 IoT Platform™ to provide a full-stack IoT development platform to address the requirements of enterprise markets, including oil and gas, manufacturing, aerospace, automotive, chemical, pharmaceutical, telecom, retail, insurance, and financial services companies, as well as public sector organizations.
“C3 IoT’s rebranding is a clear signal that the company is building on its successes in the energy space and extending its advanced analytics platform and software applications to other industries. Not to mention, this aligns with European utilities’ ambitions to become IoT and smart city enablers,” said Roberta Bigliani, Associate Vice President Head, Europe, Middle East & Africa, IDC Energy Insights.
European Utility Week
C3 Energy SVP Julien Groues explains the latest advances in cloud-scale big data, predictive analytics, and machine learning to enable significant improvements in smart grid reliability and operational efficiency.
Smart Grids & Smart Meters Summit
Annual Event Brings Together Key Decision Makers from Major Utility Infrastructure Projects Throughout the Middle East
Redwood City, Calif. – October 30, 2015 – For the second consecutive year, C3 Energy, the leader in enterprise analytic software solutions for the global energy industry, joined an elite group of oil and energy market leaders, government authorities, research and innovation institutes, and global technology and solution providers to address the future of grid and metering infrastructure across the Middle East at the Smart Grids & Smart Meters Summit in Dubai. Featuring a keynote address by H.E. Eng. Suhail Mohamed Faraj Al Mazrouei, Minister of Energy for the United Arab Emirates (UAE), this week’s event brought together top officials on major utility infrastructure projects in the UAE, Saudi Arabia, Jordan, Qatar, Bahrain, Oman, Kuwait, Lebanon, and Egypt.
C3 Energy’s Julien Groues, senior vice president of EMEA, was among the featured speakers. In his remarks, Groues discussed the “Future of Analytics,” explaining how the convergence of the smart grid, big data analytics, cloud computing, and machine learning is resulting in a modern energy system that is more efficient, reliable, and secure, reducing costs for utilities and consumers.
Smart Grids & Smart Meters Summit, which takes place concurrently with the Sustainable Utilities Middle East Expo, focused on the integrated and coordinated strategies needed to meet energy sufficiency objectives. Speakers included a number of high-ranking government officials and industry thought leaders, such as Marco Christiaan Janssen, acting director of Smart Grid PMO at the Dubai Electricity & Water Authority (DEWA); Scott Minos, senior policy and communications specialist with the U.S. Department of Energy; Sabah Mashaly, first undersecretary for Developing Performance and Political Communication at Ministry of Electricity & Renewable Energy in Egypt; and Mohamed Nagib Omara, a technical advisor to the President at the Qatar General Electricity & Water Corporation.
Utility Analytics Week
C3 Energy, the leader in enterprise analytic software solutions for the global energy industry, hosted an exclusive Leadership Forum for more than 100 utility professionals at the Utility Analytics Week (UAW) conference in New Orleans yesterday.
Redwood City, Calif. – October 29, 2015 – C3 Energy, the leader in enterprise analytic software solutions for the global energy industry, hosted an exclusive Leadership Forum for more than 100 utility professionals at the Utility Analytics Week (UAW) conference in New Orleans yesterday. The event showcased three leading power companies – American Electric Power-Public Service Company of Oklahoma (AEP-PSO), Enel, and Eversource Energy – that are currently using C3 Energy’s platform and analytics software applications.
“C3 Energy delivered a powerful agenda at UAW, highlighting real-world examples and challenges from some of the most innovative utilities that attendees can take back to their organizations,” said Steve Drazga, CEO at Energy Central.
Forum attendees learned how these world-class utilities are using eight C3 Energy Grid Applications on its fully integrated machine learning-based platform to solve typical yet complex business challenges, such as enhancing customer engagement, increasing participation in energy efficiency programs, preventing energy loss and improving theft detection, and increasing the effectiveness of network asset maintenance and resource deployment.
AEP-PSO, which serves approximately 540,000 customers in 232 cities and towns, has deployed C3 Residential and C3 Commercial to enable an integrated digital customer experience leveraging one platform across customer segments and channels.
Eversource Energy, which operates New England’s largest utility system serving 3.6 million electric and natural gas customers across three states, is leveraging a total of five C3 Customer Analytics applications to redefine their customer interactions and relationships. Learn more about the latest suite of C3 Customer Analytics applications, announced this week.
Enel, one of the world’s largest integrated electric power and gas utilities with 61 million customers and a pioneer in smart grid technologies, is using C3 Energy’s platform and applications to reduce non-technical loss, improve network reliability, and reduce maintenance costs across its network in Italy. This is one of several deployments currently under way with C3 Energy, as Enel continues to enable big data analytics and machine learning at petabyte scale across its entire network.
“The journey we are on is to transform the nature of engagement with our customers using significantly more data along with digital innovation. We’re going from a hundred years of ‘reliable service and a bill’ to an interactive, digital-first customer experience,” said Derek Lewellen, Manager, GridSMART, AEP-PSO.
Thomas M. Siebel Presents at Baker Hughes Distinguished Lecture Series
C3 Energy Chairman and CEO Outlines Benefits of the Internet of Energy for Oil and Gas Companies
Redwood City, Calif. – October 14, 2015 – C3 Energy Chairman and CEO Thomas M. Siebel was the featured speaker at the Baker Hughes Distinguished Lecture Series last week in Houston. Speaking to Baker Hughes employees, Siebel shared his vision of the technological revolution now taking place across the energy industry and how oil and gas companies can benefit from the “Internet of Energy.”
“The oil and gas industry is expected to invest more than $230 billion in Internet of Things (IoT) technologies in the next five years, resulting in fully sensored networks that produce an unprecedented amount of data,” said Siebel. “With machine learning and big data analytics, the Internet of Energy will enable companies to harness this data to improve all aspects of their operations – from exploration and production to refining and retail.”
During his presentation, Siebel explained how deploying industrial-scale cyber physical applications in the oil and gas markets will optimize the value chain of energy exploration, production, delivery, and consumption, enabling increased efficiency, reduced operating expenses, increased revenue, and lower environmental impact. He also outlined how C3 Energy is providing solutions that enable predictive maintenance for oil production assets, assess drilling risk, optimize well placement, and improve capital investment planning, production optimization, and demand forecasting.
“We attempt to create value for our employees by bringing in new perspectives on disruptive innovations and cutting-edge research through the Distinguished Lecture Series," said Sammy Haroon, Director, Palo Alto Innovation Center at Baker Hughes. “Thomas Siebel was the ideal candidate for our discussion because of his unique technology background and proven market successes. He applies advanced Information Technology of big data, analytics and machine learning in the oil and gas sector and connects them to all the phases of the industry, creating a value chain that will provide significant productivity improvements and impact the top line.”
The Baker Hughes Distinguished Lecture Series is an event held multiple times a year to help the company’s employees gain practical knowledge and learn about breakthrough innovations with crossover applications in the energy sector.
Digital Energy Economy Program
C3 Energy’s James Connaughton Discusses the Positive Impact of the Latest IT Advancements as the Industry Continues its Digital Transformation
Redwood City, Calif.– September 29, 2015 – C3 Energy Executive Vice President James Connaughton was a featured speaker at an exclusive program hosted by The Economist, today in San Francisco. During “The Digital Energy Economy” program, Connaughton shared his perspectives on the megatrends shaping the future of energy, as the industry continues its digital transformation.
“As the power grid becomes increasingly smarter, it becomes a fully connected sensor network and unprecedented amounts of data are produced,” Connaughton said. “By applying technology advancements in big data, analytics, cloud computing, and machine learning, these data are being integrated, processed, and analyzed in a manner to optimize power generation, transmission, distribution, and consumption. The potential efficiencies and improvements in safety, reliability, security, and cost efficiency across the energy value chain are staggering.”
Connaughton discussed how the same technology used by Twitter to process 800 million tweets per day and Netflix to stream billions of hours of video per month is being applied to the massive amounts of incoming data produced by the smart grid. He noted that, applied broadly, these technologies can result in a total system improvement of up to 25 percent and $55 billion in savings annually from a smarter, data-networked energy system, according to recent studies.
The Digital Energy Economy program focused on how information technology is transforming the business of power, with discussions on the global megatrends shaping the energy market, policy, and business priorities that must be considered, and what the energy industry may look like by 2030, as the energy and technology worlds converge and business models evolve. The program was led by Matthew Bishop, senior editor of The Economist and included a variety of high-level speakers, including Tim O’Reilly, founder of O’Reilly Media; Ravi Kailas, chairman of Mytrah Energy Limited; Alan Marcus, head of IT and Telecommunications Industries for the World Economic Forum; and Richard Sandor, chairman and CEO of Environmental Financial Products.
2015 NASEO Annual Meeting
Plenary Address Encourages Development of Smart Policy to Support Full Range of Benefits Resulting from Technological Transformation of Power Grid
C3 Energy CEO Thomas M. Siebel was the invited plenary keynote speaker today at the 2015 NASEO Annual Meeting, hosted by the National Association of State Energy Officials in San Diego. During his remarks, Siebel examined the evolution of the energy market, explained the impact of next-generation technology on the industry, and urged attendees to support policies that will enable utilities and consumers to benefit fully from the technological revolution now underway.
Siebel explained how the power grid is becoming sensored, connected, and smarter to the tune of nearly $2 trillion in global investments this decade. As the energy ecosystem evolves, technology advancements in data analytics, cloud computing, and machine learning are enhancing the safety, reliability, resilience and environmental integrity of power generation and delivery. Siebel noted, these advancements are providing efficiencies and improvements across the energy value chain that were difficult to imagine even a few years ago.
“The increased use of technology and interconnectivity have radically changed the way we deliver, use, and understand energy. This technological transformation is the central focus of our 2015 Annual Meeting and a major priority among our members,” said David Terry, NASEO’s executive director. “Throughout his career, Tom Siebel has been a pioneer and visionary for energy analytics, making him the ideal opening keynote speaker for our conference. Our attendees benefited greatly from hearing Tom’s insights on how to advance important clean energy policies and initiatives back home.”
The 2015 NASEO Annual Meeting brought together 56 state and territory energy officials and their private sector partners to discuss smart energy policies, clean tech investment, and the cloud economy, as well as the cutting-edge technologies and policy strategies states are using to drive innovation, accelerate economic growth, and promote intelligent energy efficiency.
IOTS World Congress
C3 Energy’s Ed Abbo Delivers Keynote Address with Endesa at IOTS World Congress in Barcelona
Companies Showcase How C3 Energy’s IoT Platform and Smart Grid Applications Serve as Foundation for Global Utility’s Grid Digitization Strategy
C3 Energy President and CTO Ed Abbo and Marco Cotti, Network Commercial Operations Director at Endesa Distribucion, the largest electric utility company in Spain and a subsidiary of multinational utility company Enel, today delivered the opening energy industry keynote at the Internet of Things (IOT) Solutions World Congress. Together they discussed the significant positive impact of IoT in energy, with a real-world examination of Enel’s digital transformation.
One of the most technologically advanced power companies, Enel operates the world’s largest smart grid, and was the first utility in the world to have commercial-scale use of smart grid technology to the home. Overseeing power generation from more than 94 GW of net installed capacity, Enel distributes electricity and gas through a network spanning 1.9 million km to serve approximately 61 million customers.
To support its continued grid modernization strategy, Enel is working with C3 Energy as its enterprise smart grid applications technology partner.
During the keynote address, Cotti shared Enel’s vision for the modernization of its global distribution network. Enel and its subsidiaries are leveraging C3 Energy’s platform and software-as-a-service (SaaS) applications to improve operational efficiency, address energy loss, and proactively identify and rectify network malfunctions and unsafe conditions. Abbo detailed C3 CyberPhysix, C3 Energy’s platform for developing industrial scale IoT applications, and the smart grid applications enabling Enel’s digital transformation and outlined the business value.
“The energy track is very strong, with presenters from some of the world’s leading energy producers in wind, oil and gas, and utilities,” said Lynne Canavan, vice president of the Industrial Internet Consortium and program chair of IOT Solutions World Congress. “Presenting a large scale IoT deployment with Endesa, Ed Abbo’s ‘Internet of Energy’ session set the tone and provided attendees with the context for the entire three days of discussion. As the industry leader, C3 Energy was the clear choice for the opening keynote.”
The IOT Solutions World Congress is the first global event dedicated exclusively to the deployment of Internet of Things systems in industry. The event brought together more than 4,000 attendees for exhibits and six major focus areas: energy, transportation, healthcare, manufacturing, innovation, and technology.
The EnergyMakers Show interview CEO Tom Siebel during IHS CERAWeek to discuss how C3 Energy is transforming the energy value chain.
U.S. House of Representatives
C3 Energy CEO Thomas Siebel testified before the U.S. House of Representative’s Energy & Commerce Committee, Subcommittee on Energy and Power