Welcome!

FinTech Journal Authors: Zakia Bouachraoui, Carmen Gonzalez, Elizabeth White, Yeshim Deniz, Liz McMillan

News Feed Item

C3 IoT Partners With DHC Software and Donghua Fuzen to Enable China's Digital Transformation, Starting With the Smart Grid

C3 IoT Enables the Internet of Energy in China, Advancing the Safety, Reliability, and Cost-effectiveness of the World's Largest Power Grid

REDWOOD CITY, CA--(Marketwired - March 03, 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.

About C3 IoT

C3 IoT provides a full-stack IoT development platform (PaaS) that enables the rapid design, development, and deployment of even the largest-scale enterprise applications that leverage big data, telemetry, elastic cloud computing, analytics, machine learning, and social human computer interaction models. C3 IoT also provides a family of turn-key SaaS IoT applications including predictive maintenance, fraud detection, sensor network health, supply chain optimization, investment planning, and customer engagement. More information is at http://C3IoT.com.

C3 IoT Contact:
Kim Dion
Corporate Public Relations
(650) 503-2200
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
The term "digital transformation" (DX) is being used by everyone for just about any company initiative that involves technology, the web, ecommerce, software, or even customer experience. While the term has certainly turned into a buzzword with a lot of hype, the transition to a more connected, digital world is real and comes with real challenges. In his opening keynote, Four Essentials To Become DX Hero Status Now, Jonathan Hoppe, Co-Founder and CTO of Total Uptime Technologies, shared that ...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Where many organizations get into trouble, however, is that they try to have a broad and deep knowledge in each of these areas. This is a huge blow to an organization's productivity. By automating or outsourcing some of these pieces, such as databases, infrastructure, and networks, your team can instead focus on development, testing, and deployment. Further, organizations that focus their attention on these areas can eventually move to a test-driven development structure that condenses several l...
The graph represents a network of 1,329 Twitter users whose recent tweets contained "#DevOps", or who were replied to or mentioned in those tweets, taken from a data set limited to a maximum of 18,000 tweets. The network was obtained from Twitter on Thursday, 10 January 2019 at 23:50 UTC. The tweets in the network were tweeted over the 7-hour, 6-minute period from Thursday, 10 January 2019 at 16:29 UTC to Thursday, 10 January 2019 at 23:36 UTC. Additional tweets that were mentioned in this...
Over the course of two days, in addition to insightful conversations and presentations delving into the industry's current pressing challenges, there was considerable buzz about digital transformation and how it is enabling global enterprises to accelerate business growth. Blockchain has been a term that people hear but don't quite understand. The most common myths about blockchain include the assumption that it is private, or that there is only one blockchain, and the idea that blockchain is...
Never mind that we might not know what the future holds for cryptocurrencies and how much values will fluctuate or even how the process of mining a coin could cost as much as the value of the coin itself - cryptocurrency mining is a hot industry and shows no signs of slowing down. However, energy consumption to mine cryptocurrency is one of the biggest issues facing this industry. Burning huge amounts of electricity isn't incidental to cryptocurrency, it's basically embedded in the core of "mini...
Japan DX Pavilion at @CloudEXPO Silicon Valley
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...