Latest news with #IEMS
Entrepreneur
14-05-2025
- Business
- Entrepreneur
Future-Proofing Energy Sector: Hover Energy Confirms that Microgrids Are the Answer to Transforming Power Delivery
For over a century, the global power grid has remained largely unchanged. Built at a time when centralized power plants and fossil fuels dominated, today, the traditional grid system is failing to keep up with the demands of modern society. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. That is why Hover Energy, the inspiration of Christopher Griffin (Chris), has been flipping the script since 2015 on how electricity is generated and consumed. Its mission is bold yet necessary: to make microgrids the primary source of energy, relegating the centralized utility grid to a backup role. Instead of a one-size-fits-all energy model dependent on large, inefficient grids, Hover envisions a world powered by tens of thousands of independent, self-sustaining microgrids—each tailored to its environment, optimized for efficiency, and fully integrated with cutting-edge renewable technologies. This renewable energy power generation company's solution is simple yet revolutionary: shift the grid from being the primary energy source to a secondary backup system. By creating microgrids that integrate multiple renewable energy sources, Hover enables businesses, communities, and individuals to take control of their energy production. This decentralized approach not only ensures stability and resilience but also reduces dependence on fossil fuels, driving a global shift toward sustainability. "We're not just talking about improving the grid—we're redefining the entire system," says Chris. "The traditional grid is like an old mainframe computer—it's outdated, inflexible, and inefficient. We need an energy model that matches the speed of modern innovation, and that's exactly what we've built." At the core of Hover's mission are two groundbreaking technologies: the Hover Microgrid and the Microgrid Management System™. Hover's Wind-Powered Microgrid™ is customized based on two key factors: the client's specific energy needs and the natural renewable energy resources available at that location. The microgrid seamlessly combines wind, solar, and energy storage to deliver reliable, round-the-clock power. Mounted along the windward edges of buildings, Hover's wind turbine arrays generate energy 24/7, while solar panels installed in optimal locations maximize daytime energy capture. This hybrid system produces more power per square foot than standalone solar or wind solutions, ensuring efficiency and reliability. At the heart of the system is Hover's Intelligent Integrated Energy Management System (IEMS), which has become the Microgrid Management System™ that optimizes and combines both AC (wind) and DC (solar) energy into a single, stable power stream. This ensures a smooth and efficient flow of electricity, whether the microgrid is operating independently or supplementing grid power. A microgrid is only as powerful as the system managing it. Hover's Microgrid Management System™ is designed to seamlessly integrate any energy source—whether it's wind, solar, hydrogen fuel cells, batteries, or even the future technologies that haven't been invented yet. This level of flexibility ensures that Hover's microgrids are truly future-proof. "The biggest problem with most energy systems today is that they lock you into a single source of power. What happens when better technology emerges in five years? Do you have to rip everything out and start over? Our Microgrid Management System™ eliminates that problem by making it easy to plug in new energy sources as they develop. It's the ultimate flexible energy solution," explains Chris. "If I'm in a place with a waterfall, I should use hydroelectric power. If I'm in a desert, then I need to harness solar energy. If I'm in a windy region, wind power makes sense. The point is that energy is all around us—we just need the right tools to capture and use it. That's what Hover provides." Chris has truly foreseen every possible angle. Microgrid Management System™ has partnered with and integrated WatsonX AI technology into its system, allowing real-time monitoring, predictive maintenance, and automated compliance with jurisdictional regulations. This AI-driven system enables clients to track and report their carbon reduction progress in real time, helping businesses achieve 'real zero' emissions goals. Hover's vision is not just about making energy more efficient—it's about shifting society's mindset from passive consumers to active producers of energy. For decades, people have depended entirely on the centralized grid, much like a child depends on a parent. But there comes a point in life where one transitions from being a taker to being a giver—from consuming resources to contributing to a larger system. Hover's mission is to transform the world's energy landscape, one microgrid at a time. Its goal is to make decentralized energy systems as common as WiFi routers, allowing businesses, homes, and entire communities to generate, store, and use their own power without dependency on the grid. By doing this at scale, Hover is not only future-proofing energy innovation but also ensuring a more resilient, secure, and sustainable world. The centralized utility grid, once the backbone of modern civilization, is now being redefined as a backup system. And with the rapid adoption of microgrids, the future of energy is no longer just a concept—it's happening now. And Hover is not waiting for change. It is leading it.
Time of India
13-05-2025
- Business
- Time of India
Agri summit promotes organic farming and entrepreneurship at IEMS College
Hubballi: Agriculturist Kavita Mishra opined that there is scope for every farmer to earn a monthly income like salaried persons. Inaugurating Agri Summit-2025, organised by the Institute of Excellence in Management Science (IEMS), Hubballi, and Greater Hubballi Dharwad Industry association, here on Monday, Mishra said that it is high time for all of us to think and go back to the roots to make organic farming the base of motivated the audience with her success story by narrating her journey from software techie to a successful farmer. "Every woman has a lot of potential to come up as an agricultural entrepreneur," she Basavaraj Bandivaddar from WALMI, Dharawad, mentioned the training and skill development activities created in WALMI and also informed about the irrigation system to be adopted for seasonal crops. "The land available for irrigation is only 33% of the total land and the storage capacity of our dams is only around 40%. Still, there is a lot of scope for water harvesting," he Bharti, chairman of Greater Hubballi Dharwad Industry association mentioned that the growth of the nation is dependent on two components - agriculture and industry. CA NA Charantimath, chairman of IEMS, mentioned that the roots of Indian economy lies in agriculture and the service persons like Vittal I Benagi, former vice-chancellor, UASD, delivered a lecture on organic farming, and Ashwini Ballari spoke on value addition in food processing. Poornima Charantimath, Veeranna DK, and others were present on the occasion.
Time of India
09-05-2025
- Business
- Time of India
IEMS hosts inter collegiate quiz
Hubballi: Students of KLE College of Commerce and Management Studies, Hubballi, have come first in an intercollegiate quiz competition conducted by Institute of Excellence in Management Science (IEMS) Hubballi and Zarodha Varsity, Bengaluru, on the competition at IEMS, quiz master Sachin from Bengaluru said financial discipline should be inculcated during student life itself, as they lead to a systematic life in the future. "Every human being requires money to lead their life, but systematic earning is more important than anything else," he many as 83 teams from colleges in Dharwad, Belagavi and Haveri districts participated in the competition. Shivaraj, Md Ashraf, and Nirmala Bansali from KLE College of Commerce and Management Studies, Hubballi, won the first prize of Rs 12,000, while Anchal Jain, Mokshith Jain, and Nihar Agrwal from Jain College, Hubballi, won the second prize of Rs 9,000. The third prize of Rs 3,000 was won by Channamallikarjuna and Dhiral of KLE College, while consolation prizes were won by JSS Dharawad, govt First Grade College, Dharwad, and RPD College, Preeti Belgaumkar, Prof Jagadish Pattar and Prof Jayaraj, along with Shruti, Ravi, Chandrika Arkasali, Sneha Naik, staff, and students, were present on the occasion.
Yahoo
29-01-2025
- Business
- Yahoo
Industrial Energy Management System (IEMS) Storms Into the Spotlight For Its Role in Conserving Energy and Driving Energy Efficiency
Global Industrial Energy Management Systems Market Set to Surpass $61 Billion by 2030 Global Industrial Energy Management Systems (IEMS) Market Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Industrial Energy Management Systems (IEMS) - Global Strategic Business Report" has been added to global market for Industrial Energy Management Systems (IEMS) is estimated at US$29 Billion in 2023 and is projected to reach US$61.5 Billion by 2030, growing at a CAGR of 11.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business Insights: Market Growth: Understand the significant growth trajectory of the IEMS Hardware segment, which is expected to reach US$36.8 Billion by 2030 with a CAGR of a 10.8%. The IEMS Software segment is also set to grow at 11.9% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, estimated at $8.2 Billion in 2023, and China, forecasted to grow at an impressive 13.2% CAGR to reach $4.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Key Questions Answered: How is the Global Industrial Energy Management Systems (IEMS) Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as ABB Ltd., AECOM, Autodesk, Inc., and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Select Competitors (Total 97 Featured): ABB AECOM Autodesk Cascade Energy Cypress Envirosystems Eaton Corporation Emerson Electric Enel X General Electric GridPoint. Honeywell International Horiba IBM Mitsubishi Electric Opto22 Rockwell Automation SAP Schneider Electric Setpoint Systems Siemens Trane Key Attributes: Report Attribute Details No. of Pages 571 Forecast Period 2023 - 2030 Estimated Market Value (USD) in 2023 $29 Billion Forecasted Market Value (USD) by 2030 $61.5 Billion Compound Annual Growth Rate 11.3% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Industrial Energy Management System (IEMS): Conserving Energy and Driving Energy Efficiency Regulatory Tools for Implementing Industrial Energy Efficiency The Value of Energy Efficiency is Greater than Ever Before Innovations in The Energy Sector Technology Trends Driving Energy Efficiency in Manufacturing Sector Much Need to be Done on the Energy Efficiency Improvement Front Economic Frontiers: Trends, Trials & Transformations Waking Up from Climate Change & Apathy, a New Era for Environmental Technologies Forced on the World Post Pandemic Competitive Scenario Select Innovations Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 Recent Market Activity MARKET TRENDS & DRIVERS Industrial Energy Management System (IEMS) Storms Into the Spotlight For Its Role in Conserving Energy and Driving Energy Efficiency Rise in Energy Demand Post Pandemic Brings Energy Efficiency Back Into the Spotlight Unforgivable Levels of Energy Wastes Brings Power Monitoring Into the Spotlight as the First Step Towards Achieving Energy Efficiency Stricter Energy Efficiency Regulations Bodes Well for Market Growth and Provide Regulatory Driven Stability to IEMS Deployments Energy Intensive Industries Are Important Consumer Clusters for IEMS Manufacturing Systems Operation and Maintenance Optimization through EMS Digital Technology in Manufacturing Energy Management in Housing and Hotel Industry Commercial Real Estate Energy Management: Latest Technology Trends Focus on Using Potential of Energy Management The Journey Towards a Sustainable Future Begins With Automation in Energy Intensive Industries As Automation Becomes Ubiquitous in Industries, Processes and Factories, Demand Rises for IEMS Automation in the Absence of IEMS. Can It Guarantee Energy Efficiency? SCADA: A Key IEMS Technology Poised for Robust Long-Term Growth The Time is Ripe for Leveraging IoT for Smart Energy Management Despite Technology Innovations & Falling Costs of Renewables, Energy Prices Continues to Rise, Strengthening the Business Case for IEMS Emphasis on Building Smart Cities Widens the Role of Energy Management Systems in Smart Grids Here's How Role of IEMS Becomes Bigger Digital Transformation to Drive the Popularity of Cloud-Based Energy Management Systems (IEMaaS) Standardized & Certified IEMS Key to Realizing Multifarious Energy-related & Non-Energy Benefits Energy Management Software, the Key Component of EMS Cloud-Based Energy Management Systems & Services (IEMaaS) Rise in Popularity Digitalisation in The Energy Sector: Current Trends Transforming Efficiency with Real-Time Energy Monitoring Revolutionizing Energy Management with Intelligent Systems Workforce Challenging Industrial Energy Transition: A Key Issue For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Global Industrial Energy Management Systems (IEMS) Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
