Iteros’ solution enables easy and efficient integration of these new technology assets and management of the data generated by them and helps users perform the controls necessary to optimize the energy assets. This end-to-end solution includes modeling and simulation capabilities, which allow users to maximize the profitability of their projects using the same logic that is used to control sustainable energy systems by optimizing energy storage, distributed generation, and any other complementary distributed energy resource technology. By using machine learning and artificial intelligence, Iteros helps users figure out ways to optimize energy resources for efficient utilization and develop and execute complex bidding strategies for market participation to increase revenues.
“We help our users to implement these new technologies by modeling the various ways in which they can use energy resources, giving them a clear vision of the outcome of different types of energy investments,” states Jennifer Worrall, President, and CEO of Iteros. Iteros’ solution is immensely flexible, so it can be deployed rapidly without the need for customizing the solution. Other solution providers in the market take weeks or months to customize their solution, but Jennifer says, “For one of our clients we have been able to deploy our platform in under 48 hours.”
We help our users to implement these new technologies by modeling the various ways in which they can use energy resources, giving them a clear vision of the outcome of different types of energy investments
Iteros is endeavoring to create the technology for a truly smart grid, by expanding on capabilities for both the energy consumer and the utility to help entire communities better balance the supply and demand of energy. “We’re passionate about creating a software platform that will enable the sustainable and reliable grid of the future. We know that path is possible by building software for our users that we would like to use ourselves,” ends Jennifer.