ROBOTINA INTERNET OF THINGS, ARTIFICIAL INTELLIGENCE AND BLOCKCHAIN EMPOWERING ENERGY CONSUMERS - ICO DETAIL

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Tuesday 27 March 2018

ROBOTINA INTERNET OF THINGS, ARTIFICIAL INTELLIGENCE AND BLOCKCHAIN EMPOWERING ENERGY CONSUMERS


WHAT IS ROBOTINA?

Robotina is a Slovenian company, incorporated in 1990 and focused on innovation in automation and control technology. Our Internet of Things (IoT) enabled hardware (HW), cloud software (SW) and various solutions have demonstrated our excellence in:
  • Controls in industry, buildings, energy and infrastructure
  • Cloud based software and SaaS (Software as Service) platform for real time/real world connected IoT devices.
  • Cognitive technologies, machine learning and artificial intelligence.
All products include our proprietary technology. Combined with expertise and ability to introduce new solutions swiftly and economically, it represents a solid base for every control solution and sets new standards for today and for the future. Robotina has its own in house R&D and manufacturing facility for all its products. This manufacturing facility enables Robotina to deliver top quality at very competitive prices.

TECHNOLOGICAL DEVELOPEMENT

Finally, technology is the enabling condition and occupies the central role in these new business models. The following technologies are necessary to achieve the digital transformation and to realize our project:
  • Internet Of Things (IoT)
The IoT movement represents a true digital transformation which includes the connection of things, which communicate via internet, people, processes and data throughout the value chain.
  • Blockchain and Smart Contracts
Ethereum is “turing complete”, meaning it is completely functional and can perform any computation that you can do in other programming languages. Therefore it is one of the most exciting technologies in the blockchain space.
  • Artificial Intelligence
Artificial Intelligence (AI) with machine learning and cognitive optimization is perhaps the most disruptive technology ever. Its fast development, wide availability and usability effects every process in all our activities. Development of the AI during the last few years and in 2017 particularly, has been spectacular. AI came all the way from demonstration projects in which computers won against humans8, to delivery of practical benefits in the areas of medicine, industry, environmental technologies, space, energy and many others. Development and usage of AI is growing exponentially. In our project, we use the AI and machine learning to build and constantly improve models, which allow us to predict consumption and we use cognitive optimization to achieve optimal results.
  • Efficient battery storage
Developments of efficient battery storage and incredible progress in the durability of the new, modern batteries, together with cost reduction, have reached the point, when batteries became a feasible solution for temporally energy storage. Big, utility scale, storage systems9 are deployed by utility companies. Households and electric vehicles (EVs) use smaller batteries, but with high numbers10 they represent an important shift in the market. Batteries are an ideal PROSUMER11. They can store energy, when available and they can release it when needed.
  • Cloud computing and big data
Smart grid is an electrical grid which allows connection of smart meters, smart consuming devices, communication and optimization. It is one of the strongest driving forces for designing the IoT communications and control systems. It is a new paradigm of designing and operating the electrical power system with the objective to improve efficiency, enhance service quality, and to save cost in power generation, distribution, and consumption.
In future, business will need to rely on the above-mentioned technologies to be successful.

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