DUESSELDORF (dpa-AFX) - German energy company E.ON AG (EONGY.PK) on Monday announced a new partnership with the purchase of a stake in Cuculus, a software start-up based in Ilmenau.
With the deal, the partners expect to develop solutions for the intelligent house of the future. The technical basis for this is the Internet of Things or IoT, in which different devices and systems can communicate and control each other via the Internet.
E.ON noted that in the new energy world, solar systems, battery storage systems - including virtual ones such as the E.ON SolarCloud - and electric vehicles and charging systems are all part of the house. All these systems must be continuously automated and coordinated in order to use energy as efficiently as possible. Smart meters and IoT technology provide the communication necessary for coordination.
With ZONOS, Cuculus has an IoT platform designed to meet this need. At the same time, the system is already being used by numerous customers worldwide for the management of smart meters. The solution, which has been continuously improved since 2007, is characterised by its high security standard, scalability and flexibility.
Philipp Ulbrich, Head of Innovation Scouting and Strategic Co-Investment at E.ON, said, 'Cuculus sets itself apart from the competition with its easily expandable and powerful platform. Together with Cuculus, we are developing products that will form the core of the decentralized energy system of the future.'
Copyright RTT News/dpa-AFX
© 2017 AFX News
