In this third part of my three-part Q&A with SCI's CEO Russ McMeekin, he talks about the future and artificial intelligence.
ROBERT GLUCK: On your website under "Products" is this statement:
"At the core of the SCIwatch platform is a pattern recognition technology that distinguishes the solution in the energy management market. Because system degradation can be extremely hard to detect--especially if the tools being used are not sensitive enough to pick up the slightest of anomalies that impact energy efficiencies--SCIwatch employs neural networks, a commercially proven form of artificial intelligence."
What do you see in the future for artificial intelligence in terms of energy efficiency?
RUSS MCMEEKIN: The ability to predict performance and track changes in efficiency is the future of sustainable energy efficiency.
RG: SCI's SCIwatch Automated Continuous Commissioning (ACC) solution is the industry's first software-as-a-service (SaaS) platform to help cut annual energy spending up to 25 percent by comparing predicted energy and system efficiencies against real-time operation. Please give us a few more details about the ACC and tell us why this solution works.
RM: Simply, the key word in this phrase is "automated"... no human is required.
RG: What else would you like to add to your other comment about artificial intelligence in terms of energy efficiency?
RM: Like in all other industries that AI is applied to, this will be a continuous evolution.
RG: What do you see in SCI's future? Will there be new products from SCI?
RM There will be many new innovations from SCI. For competitive reasons I would prefer not to comment at this time.
RG: How do you see the future of energy efficiency?
RM: As we saw in the 90s with energy producers, energy consumers will embark on a continuous improvement journey which will benefit us.
Any opinion contained in this article is solely that of the writers, and does not necessarily shape or reflect the editorial opinions of Energy Boom. Energy Boom content is for informational purposes only and is not intended to be advice regarding the investment merits of, or a recommendation regarding the purchase or sale of, any security identified on, or linked through, this site.