{"id":14069,"date":"2019-01-29T22:47:28","date_gmt":"2019-01-29T22:47:28","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/starting-with-data-centers-carbon-relay-is-slashing-energy-costs-and-emissions-using-ai.html"},"modified":"2019-01-29T22:47:28","modified_gmt":"2019-01-29T22:47:28","slug":"starting-with-data-centers-carbon-relay-is-slashing-energy-costs-and-emissions-using-ai","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/starting-with-data-centers-carbon-relay-is-slashing-energy-costs-and-emissions-using-ai.html","title":{"rendered":"Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI"},"content":{"rendered":"

Taiwanese technology giant Foxconn International is backing Carbon Relay,<\/a> a Boston-based startup emerging from stealth today that\u2019s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry\u2019s own backyard \u2014 the data center.<\/p>\n

Already, the computing demands of the technology industry are responsible for 3 percent of total energy consumption \u2014 and the addition of new technologies like Bitcoin <\/a> to the mix could add another half a percent to that figure within the next few years, according to Carbon Relay\u2019s chief executive, Matt Provo.<\/p>\n

That\u2019s $25 billion in spending on energy per year across the industry, Provo says.<\/p>\n

A former Apple <\/a> employee, Provo went to Harvard Business School <\/a> because he knew he wanted to be an entrepreneur and start his own business \u2014 and he wanted that business to solve a meaningful problem, he said.<\/p>\n

Variability and dynamic nature of the data center relating to thermodynamics and the makeup of a facility or building is interesting for AI because humans can\u2019t keep up. <\/span><\/p>\n

\u201cWe knew what we wanted to focus on,\u201d said Provo of himself and his two co-founders. \u201cAll three of us have an environmental sciences background as well\u2026 We were fired up about building something that was true AI that has positive value\u2026 the risk associated [with climate change] is going to hit in our lifetime, we were very inspired to build a company whose technology would have an impact on that.\u201d<\/span><\/p>\n

Carbon Relay\u2019s mission and founding team, including Thibaut Perol and John Platt (two Harvard graduates with doctorates in applied mathematics) was able to attract some big backers.<\/p>\n

The company has raised $6 million from industry giants like Foxconn and Boston-based angel investors, including Dr. James Cash \u2014 a director on the boards of Walmart, <\/a> Microsoft, GE and State Street; Black Duck Software founder, Douglas Levin; Karim Lakhani, a director on the Mozilla Corporation board; and Paul Deninger, a director on the board of the building operations management company, Resideo (formerly Honeywell).<\/p>\n

Provo and his team didn\u2019t just raise the money to tackle data centers \u2014 and Foxconn\u2019s involvement hints at the company\u2019s broader goals. \u201cMy vision is that commercial HVAC systems or any machinery that operates in a business would not ship without our intelligence inside of it,\u201d says Provo.<\/p>\n

What\u2019s more compelling is that the company\u2019s technology works without exposing the underlying business to significant security risks, Provo says. <\/span><\/p>\n

\u201cIn the end all we\u2019re doing are sending these floats\u2026 these values. These values are mathematical directions for the actions that need to be taken,\u201d he says.\u00a0<\/span><\/p>\n

Carbon Relay is already profitable, generating $4 million in revenue last year and on track for another year of steady growth, according to Provo.<\/p>\n

Carbon Relay offers two products: Optimize and Predict, that gather information from existing HVAC devices and then control those systems continuously and automatically with continuous decision making.<\/p>\n

\u201cEach data center is unique and enormously complex, requiring its own approach to managing energy use over time,\u201d said Cash, who\u2019s serving as the company\u2019s chairman. \u201cThe Carbon<\/span> Relay<\/span> team is comprised of people who are passionate about creating a solution that will adapt to the needs of every large data center, creating a tangible and rapid impact on the way these organizations do business.\u201d<\/span><\/p>\n

Article source: https:\/\/techcrunch.com\/2019\/01\/29\/starting-with-data-centers-carbon-relay-is-slashing-energy-costs-and-emissions-using-ai\/<\/p>","protected":false},"excerpt":{"rendered":"

Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today that\u2019s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[23],"class_list":["post-14069","post","type-post","status-publish","format-standard","hentry","category-networking-and-communication","tag-network-and-communication"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t