Redwood City, Calif. – March 3, 2016 – C3 IoT™, a global leader in enterprise IoT platform and applications software, today announced a partnership with DHC Software and Donghua Fuzen to facilitate China’s utility digital transformation.
By leveraging C3 IoT’s proven elastic cloud, big data analytics, and machine learning IoT applications for energy markets, the companies will enable the Internet of Energy across China to further improve the efficiency and reliability of the power grid from generation, transmission, and distribution through to energy consumption and additional expansion of renewable power.
“The Internet of Energy is at the heart of China’s 13th Five-Year Plan to reduce its carbon footprint and increase the safety, reliability, and cost of energy production and delivery. As a pioneer in the Internet of Energy, C3 IoT promises to play an important role in the restructuring of the world’s largest power grid,” said Dr. Mu Lianshun, Former Chairman of State Grid IT subsidiary, China Power Information Technology.
“It’s an honor for the DHC Software Company to establish this partnership with C3 IoT as we work together to develop China’s energy big data market,” said Mr. Xue Xiangdong, Chairman, DHC Software Company. “C3 IoT has played a significant role in the development of the Internet of Energy and we are cooperating to provide big data analytics for China’s power industry with the C3 IoT Platform and tools. In the future, this cooperation will extend beyond utilities to include energy production, smart cities, smart healthcare, telecommunications, and other industries. Together, we will facilitate the deployment of applications that support predictive decision making, optimize operational efficiency, minimize industrial risks, and make enormous economic and social value through the integration, processing, and analysis of data.”
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 is providing the C3 IoT Platform across all industry sectors to enable a wide range of IoT solutions, including predictive analytics, predictive maintenance, investment planning, fraud detection, threat detection, cybersecurity, energy management, and customer engagement solutions.
McKinsey estimates the potential economic impact of new IoT applications and products to reach $3.9-$11.1 trillion by 2025. C3 IoT has developed and released the C3 IoT Platform to enable the rapid design, development, deployment, and operation of next-generation enterprise applications and business processes.
“Together with our partners, C3 IoT is enthusiastic and committed to tackling China’s industrial-scale digital transformation and help deliver on its significant economic and social benefits,” said Mr. Ed Abbo, President and CTO, C3 IoT.