Periodic Reporting for period 1 - U-Control (Advanced Universal Control and monitoring solution to remotely manage complex power systems)
Reporting period: 2017-12-01 to 2018-03-31
Infinite Fingers has developed U-Control, an innovative universal monitoring and control solution for off-grid HPS. U-Control is the first solution for HPS, which integrates every single part of the system, significantly simplifying operation and maintenance tasks.
A feasibility study is needed to confirm that there is a real market for the product whilst the conditions for the commercialization are beneficial.
The analysis of the technical improvements needed for U-Control´s commercialization showed that the basis of the core of the technology is solid, but it needs further development. Additional technical improvements needed are user-centered approach, front-end development, and remote control and analytics. Infinite Fingers has the expertise to complete these improvements.
Furthermore, Infinite Fingers has key partners that will contribute to accelerate the commercialization phase. The market is growing in all segments (electricity, mini grids and water desalination). The connectivity of all the components and the Lithium-Ion Battery Management System are the main competitive advantages (no competitor is able to manage the batteries in such an advanced way).
An IPR analysis demonstrates that U-Control´s technology is not in conflict with existing patents.
The business plan demonstrates that the business idea is profitable and it has a positive impact
U-Control can save up to 50% savings in O&M tasks, increase up to 20% the battery life-span as well as improving productivity of the system by increasing reliability.