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Luxoft's DMFusion 2.0 Tackles Smart Grid Power Distribution Losses and Unbilled Revenue(PR Web Via Acquire Media NewsEdge) Moscow, NY (PRWEB) October 09, 2012 Luxoft, a member of the IBS Group and a global provider of advanced application and product development services, announced a new version of its demand management automation platform, DMFusion 2.0, at the Metering, Billing/CRM Europe 2012 in Amsterdam. The software platform now enables small and medium-sized utility companies and smart grid solution vendors to confront the challenges of non-technical distribution losses and unbilled revenue and to substantially improve grid management. DMFusion can garner significant savings for both utilities and smart grid solution vendors by streamlining and improving decision making in unforeseen and strategic events. The platform combines sophisticated data processing for real-time analysis with easy-to-use visualization features for key components of a grid, including assets and communications infrastructure. DMFusion comes with pre-designed workflows and built-in analytical modules that process big data streams in milliseconds, enabling more efficient grid management. “Non-technical losses in power distribution can reach over 10% of the total production, resulting in substantial revenue shortfall for utilities. Ineffective asset management and thefts further compound losses, while poor grid visibility impedes the decision-making process,” said Michael Minkevich, VP Technology Services at Luxoft. “We wanted to address these critical challenges by expanding the functionality of our smart grid software platform, DMFusion. The new version allows utilities and smart grid solution vendors to quickly identify problems within a grid and take corrective actions. We are using state-of-the-art technologies, such as parallel computing, to deliver a near real-time data analysis to support grid management decisions, while our easy-to-use visualization module further simplifies the process. All of this leads to a more efficient and profitable power distribution network.” DMFusion gathers key grid performance data from multiple sources using industry standards, such as MultiSpeak®. Utilizing standard integration APIs significantly reduces the time and costs associated with deployment of this platform. Data collected from asset management and MDM systems enables more efficient grid component maintenance and tight integration with billing systems, while CIS adds a loss detection functionality. The use of IEC 61850 adapters in combination with parallel computing gives the platform the power to predict grid faults, even when dealing with high-rate telemetry data streams. Thus, the more data that flows into DMFusion, the more value the platform provides to utilities by increasing control of assets, improving grid management, and enriching the understanding of the company’s KPIs. Furthermore, DMFusion is designed for easy integration into the company’s existing back-end and front-end application systems. DMFusion’s powerful visualization tool is easy-to-use. It allows the operator to see grid components, such as transformers, meters, RTUs, and PMUs right on the map. Using the intuitive interface, an operator can access the component parameters. If the process is too fast for the user to make a decision, alerts will be issued that describe the issue and help to manually solve it. DMFusion is compatible with the leading visualization solutions from high-end tools, such as Space-Time Insight, to cost-effective open source products like OpenStreetMap. For transmission system operators DMFusion can prevent faults by predicting the overload on a given sub-node. One of the unique features of DMFusion for centralized grid management is its ability to process updates from up to 2,000 grid nodes every 20 milliseconds on average. It also can detect a potential power grid fault and prevent it within 15 milliseconds, reducing the load for a specified time by taking a corrective action or sending curtailment commands to the consumer's equipment. Using the load forecast, a TSO can make an informed decision on how to balance this load by tapping into generation capacities or by managing the consumer’s load. DMFusion automates the entire process so that the right decisions can be made using real-time data, and therefore, on-time. To learn more about DMFusion 2.0 and Luxoft’s services and solutions for Smart Grid, distribution management, market management, demand response, mobile applications, and supervisory control and data acquisition (SCADA) integration, please visit http://www.luxoft.com/energy. About Luxoft Luxoft, a principal subsidiary of IBS Group, is a provider of advanced application and software engineering outsourcing services for global and regional enterprises. Luxoft builds partnerships with its clients, such as Boeing, IBM, Deutsche Bank, UBS, Harman, Avaya, Alstom, and Sabre, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers international delivery capability through its network of state-of-the-art delivery centers in North America, Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, proprietary processes and methodologies, and a choice of engagement models. About IBS Group Holding Limited IBS Group is a leading software development and IT services provider in Central and Eastern Europe. Through its two principal subsidiaries, Luxoft and IBS IT Services, it offers a wide variety of information technology services, such as software development and IT services outsourcing, IT infrastructure and business applications implementation. IBS Group has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Vietnam and Singapore. IBS Group employs more than 8,300 people worldwide. In the year ended March 31, 2012, the Group reported US GAAP consolidated revenues of USD816.3 million. IBS Group's Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.F). Read the full story at http://www.prweb.com/releases/2012/10/prweb9989664.htm (c) 2012 PRWEB.COM Newswire |