RAMSEY, The Isle of Man, October 12,
2012 /PRNewswire/ --
(Please
refer to relevant legal information at the end of the document)
IBS Group, a leading software development and IT services
provider in Central and Eastern
Europe announces that Luxoft, a member of the IBS Group and
a global provider of advanced application and product development
services, has presented a new version of its demand management
automation platform, DMFusion 2.0, at the Metering,
Billing/CRM Europe 2012 in Amsterdam.
DMFusion is a software platform for Smart Grid solution vendors,
offering new approaches to such common tasks as non-technical
distribution losses reduction, grid management, and asset
management. DMFusion is an ESB platform featuring a real-time
parallel distributed telemetry data processing module, a set of
energy system and grid management component adapters, along with
visualization features for key components of a grid. DMFusion can
process big data streams up to 500,000 events per second with
only a 20 millisecond lag, enabling centralized grid
management in critical conditions.
"Non-technical losses in power distribution can be enormous
due to ineffective asset management, thefts, and lack of
adequate grid controls," said Michael Minkevich, Vice President Technology
Services of 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 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 can be integrated with other management systems using
industry standards, such as MultiSpeak®, which
significantly reduces the time and costs associated with deployment
of this platform. Collecting data from asset management and MDM
systems and supplementing them with its own scenarios, DMFusion
becomes the main system of meter monitoring and management. 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.
The platform's easy-to-use visualization module 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.
One of the unique features of DMFusion for centralized grid
management is its ability to process updates from up to
6,000 grid nodes every 20 milliseconds on average. It
also can detect a potential power grid fault and prevent it within
15 milliseconds by sending curtailment commands to the
consumer's equipment.
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)
For more information about IBS Group please visit
http://www.ibsgr.com.
Disclaimer
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press release is not for publication, distribution or release,
directly or indirectly, in any jurisdiction where such publication,
disclosure or release would be unlawful. This press release does
not constitute an offer for the sale of securities in the United States of America, Canada, Australia, Japan or any other jurisdiction in which an
offer would be subject to legal restrictions.
SOURCE IBS Group Holding Ltd