Stonehaven Technology attended an Innovation Meeting at the Digital Catapult at King’s Cross, London and presented on our development of enterprise applications. Interesting to note the number of companies with an interest in the Health Sector and a great view!
View from Digital Catapult, London
Through the support of the Enterprise Europe Network East of England, Stonehaven Technology obtained an Innovator Stand at the Utility Week show in Barcelona. The show presented a fantastic opportunity for Stonehaven Technology to exhibit its work in Smart Meter Installation Analytics, its Flood and Extreme Weather Risk Management Enterprise Application and its Asset Management Application for Utility Companies. A range of well-established and innovative companies were present, providing many opportunities for animated conversation.
Stonehaven Technology exhibiting at Utility Week Barcelona
No matter the European country, all Utilities have a regulatory responsibility to mitigate the risk of flooding and extreme weather and to reduce the physical risk to assets to be as low as reasonably possible. The growing numbers of Smart Meters across Europe is demonstrative of the increased tempo of the transition to a smart grid, which in turn will bring more complexity and the need for digitised processes.
For the past two days, Stonehaven Technology has been exhibiting their Flood and Extreme Weather Risk Management Software Application at the 2016 Flood Expo, held at the Excel Centre, London Docklands. The Expo was the first opportunity for Stonehaven Technology to demonstrate the Enterprise version of the Application and take feedback from organisations and individuals involved in flood risk management and resilience.
Jonathan Crook, a Director of Stonehaven Technology, also gave a centralised talk on the importance of organisations rapidly developing a collective understanding of the nature and scale of a flood incident and the value of using historical and modelled data to conduct scenario planning to achieve greater levels of resilience within an organisation.
Screenshot from Demonstrator of the Flood and Extreme Weather Risk Management Software Application
A number of organisations who received a demonstration of the Flood and Extreme Weather Risk Management Software Application commented on the impressive number of integrated sources of data, the advanced visualisations and the overall ease of use. The application has been developed around the experiences of Utility Companies and Retailers of major flood and resilience related incidents of the past few years.
The changing climate means that the UK is experiencing more dramatic flooding from rivers and seas and a greater frequency of surface and ground water flooding incidents, which occur as consequences of torrential rain.
At the start of 2016, Stonehaven Technology conducted a six month collaborative academic research project with Loughborough University. A MEng Student, Harish Pesala, was tasked to conduct a Systems Engineering Project to analyse the role of Electronic Palliative Care Co-ordination Systems (EPaCCs) in identifying unmet Palliative Care Needs in England. The successful delivery of the project has led to Harish Pesala joining Stonehaven Technology in a full time role as a Product Manager.
Jonathan Crook, a Director of Stonehaven Technology commented on the success of the project. ‘We are delighted with the results of collaborating with Loughborough University and very pleased with the mutual benefits achieved through completion of the project. We will use the outputs of this project to inform our strategy in developing an Electronic Palliative Care Co-ordination System (EPaCCs) and we have no doubt that Harish will become a very valuable member of our team. The success of the project means that we will also look in the future to further academic collaborations with Universities.’
The opportunity with Stonehaven Technology was explained by Harish Pesala ‘Working for an SME provides so many circumstances to learn and just to go and do. I’ve also become quite emotionally invested and very passionate about the products and the company.’
Harish has a great love of paragliding
Stonehaven Technology has developed enterprise applications for a range of customers, including Electricity North-West, Sainsbury’s Supermarkets and Electralink.
As part of the Energy Innovation Centre’s ‘Innovation Zone,’ Stonehaven Technology exhibited their innovative enterprise software application for asset management for utility companies.
Stonehaven Technology at the 2016 Utility Show
The application enables Utility Companies to understand the Regulatory Value at Risk for individual assets, through a sophisticated algorithm and then provides the digitised business processes for managing delivery of investment in the assets. The application also has functionality to identify enduring and dynamic risk of flooding and extreme weather, with critical information automatically disseminated across users.
Physical interference with the assets of utility companies costs millions of pounds, through stolen infrastructure, abstracted electricity, gas and water and damages to the network. In 2015, the Energy Networks Association put the headline cost of metal theft across its electricity distribution members as £3 million. In 2013, Ofgem identified the cost of abstractions to each law abiding household as being at least £7. Stonehaven Technology’s enterprise application integrates numerous internal and external sources of data and runs an algorithm on a daily basis to produce a risk score for each individual asset. With a mature understanding of physical risk of individual locations, Utility Companies can then plan, manage and deliver asset enhancements to reduce the risk.
The services provided by Utility Companies form part of key national infrastructure. The widely dispersed geographical locations of utility assets mean that there are naturally occurring risks of flooding by rivers and seas, surface water and ground water. Stonehaven Technology’s enterprise application enable the enduring risk for any individual asset to be identified and critical information for the dynamic risk to an asset to be presented to users for critical decisions to be made.