College Call Girls Nashik Nehal 7001305949 Independent Escort Service Nashik
Poc spur
1. Point Energy Technology
PE Tech
Providing actionable insights that reduce your energy
costs and optimise your manufacturing processes
Dr Jing DENG and Prof Kang LI
j.deng@qub.ac.uk
k.li@qub.ac.uk
2. Content
• Review of POC project (POC333)
• Lean launchpad and ICURe program
• Market and competitors
• Business model and timeline
• Team and next step
3. 1. POC Project
Low-cost energy and health monitoring for polymer processing
Project website
Pointenergy.org
Web-based energy
monitoring system
4. 1. POC project
Factory level energy monitoring
Production level Energy monitoring
Equipment level Energy monitoring
Component level Energy monitoring
5. Power Logging
RS485/
RS422
RS485/
RS422
RS232 Ethernet
WIFI/
GPRS
Analog ports
CAN
Digital IOs
Smart Data Logger
Power
Supply
• Component level energy
and condition monitoring
• Machine and process
optimization
• Reduced energy consumption
• Reduced Maintenance
• Reduce Machine Downtime
• Increased productivity
• Increased product quality
Insights
Actions
1. POC project
6. Lean launchpad and ICURe
ICURe - Innovation to Commercialisation of University Research (£35k)
Spoke to over 150 people
Carried out 86 interviews
Attended 5 tradeshows
>£500m market in UK, >£25b world wide
Industries are looking for energy saving solution
Competitors are not playing well
Potential savings are large (20% - 70%)
9. Competitors
• Lack of detailed information
• Lack of actionable insights
• Saving is not significant
• Cost is too high
10. Competitors
Since 2010
60 employees
100 customers
€16 Million turnover
Energy monitoring and usage report
Since 2007
15 employees
60 customers
€1 Million turnover
Specialized in thermal optimization
14. Point Energy life
20142013 20162015 2017 20192018
POC start Trials
POC end
ICURe and Lean
Launchpad
Spin-out
Investment
Team
Sale
5 customers
20 customers
50 customers
15. Team
Dr Jing Deng Prof Kang Li Dr Haikuan Wang
CEO Chairman Technical Director Local partner
Software engineer Sales Finance
16. Funding
Two years investment £300k
• £200k staff cost
• £50k facility cost
• £30k hardware cost
• £10k marketing cost
• £10k other cost
Year 2
17. Next Step
• Obtain user report from 2-3 trials
• Find a local business partner
• Form a spin-out
• Write business plan
• Protect IP and bring investment
• Find suppliers (OEM hardware)
• Start sales
Thanks!
The early to the market the better
Editor's Notes
Good afternoon everybody, my name is Jing Deng, I am the junior researcher on point energy team. We are about to provide a solution for energy intensive manufacturers to visualize their energy usage in a detailed and granular manner, Providing actionable insights to reduce their energy costs and optimise their manufacturing proceses
So what our system looks like, it has a low-cost data logger which connect to machine either through communication or own customized clip sensors. The collected data is then sent to a cloud server which is normally hosted by us, but it can also be in our customers’ own server due to the confidentiality. The Server carries out analysis based on rich information received, and provide actionable insights for production manger or machine maintenance engineers to take proper actions. We provide component level energy and condition monitoring, and machine and process optimization, and the benefits to our customers are what we have called 3R2I. The 3R2I is …..
And this slide shows different companies I have spoken to during my ICURe journey
Of course there are some competitors in this market, each has its own specialized market, some provide more advanced solution than others, and their values for customer varies significantly. Generally, these solution cannot achieve the best energy saving due to lack of detailed information, lack of actionable insights, and their cost is normally too high in this market.
Based on the revenue structure, I make a simple 5 years plan. Within 5 years, we plan to achieve a profit of nearly £10 millions.
The next step for us is to form a spin-out company and run the business ASAP. We don’t need more R&D, we have done this in our previous POC project and three trials are being setup in 3 local companies. Timing is important for us as the market needs this solution urgently, not only in UK and other developed countries, more urgently from developing countries like China and India. We will consider IP protection seriously in the near future. (Licensing is not an option as energy saving market is customer specific service, each customer has their unique situation which cannot be covered by single technology. )
