Connected natively to DemandQ's Real-time
Demand (RTD) Hub, DemandSmart is the industry's first AI-powered
energy solution to execute demand response automatically at
scale.
BOSTON, April 30,
2024 /PRNewswire/ -- Powerhouse Dynamics, the leading
Internet of Things (IoT) partner to enterprise-level restaurant,
QSR, convenience store and retail brands, today announced that it
has installed its AI-powered DemandSmart Solution in client
locations across the country. The solution automatically executes
demand response at scale, empowering clients to generate new
revenues by lowering their energy use when the grid is experiencing
peak demand.
DemandSmart is the industry's first
AI-powered energy solution to execute demand response automatically
at scale.
"We are excited to bring this expanded capability to our
customers. Not only will they save significant energy costs using
our DemandSmart module, but they will also be able to take
advantage of our Real-Time Demand (RTD) Hub integration and make
money while advancing their sustainability goals," said Powerhouse
Dynamics President Jay Fiske.
DemandSmart integrates with Powerhouse Dynamics' Open
Kitchen® and SiteSage® IoT platforms for
restaurant/foodservice operators and retailers, respectively. These
platforms are already in use in 15,000+ locations of household-name
clients to decrease their energy, operational, and equipment
costs.
Connecting Powerhouse Dynamics' DemandSmart module to the RTD
Hub from partner DemandQ enables these locations to take full
advantage of grid services previously unavailable due to the
administrative burden of effectively executing a demand response or
economic dispatch event.
"DemandQ's RTD Hub marks a significant milestone in the
evolution of demand response and economic demand dispatch in energy
markets. Automated execution brings demand response and demand
dispatch to locations with as little as 10 kW, creating significant
revenue opportunities," said DemandQ CEO Gary Morsches.
About Powerhouse Dynamics
Founded in 2009, Powerhouse Dynamics, a Middleby Company
(NASDAQ: MIDD) is the leading Internet of Things (IoT) solutions
provider for eliminating waste in the operations of multi-site
foodservice and retail facilities. Their IoT platform, sold under
two different brands—Open Kitchen® for foodservice operators, and
SiteSage® for retail and other commercial operators—provides
control over key equipment for reduced waste and increased cost
savings, actionable insights for more informed decisions on
equipment and operations, and improved processes for consistent,
positive experiences in their facilities. The platform is connected
with over 50,000 pieces of equipment across 15,000+ locations.
To learn more about DemandSmart, visit
https://connect.powerhousedynamics.com/demandsmart.
About DemandQ
DemandQ is the leading provider of AI-enabled demand
management solutions. DemandQ's Real-time Demand (RTD) Hub brings
together energy suppliers and commercial end-users to enable
lasting value for both. For energy suppliers, utilities, and
industry partners, the RTD Hub makes it easy to incentivize
commercial end-users to manage energy more intelligently. And for
commercial end-users in hospitality, retail, office buildings and
warehouses RTD Hub can facilitate new revenue streams.
For more information about DemandQ and the Real-time Demand Hub,
please visit demandq.ai or contact info@demandq.ai.
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SOURCE Powerhouse Dynamics