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Media Release - Living Lab
Another amazing success coming out of Summerside PEI’s Living Lab

“Summerside and BluWave Collaboration Leads to Major International Contract for BluWave”

BluWave-ai (https://www.bluwave-ai.com/)  strikes major contract with Tata Power in India and Devashish Paul CEO credits the City of Summerside with invaluable learning and test bed applications to assist in his company landing this contract. 

https://economictimes.indiatimes.com/industry/energy/power/tata-power-ropes-in-renewable-energy-ai-firm-bluwave-ai/articleshow/86808841.cms 

“Having the opportunity to work with Summerside under its Living Lab platform was invaluable, refreshing and business savvy for us.” Quotes Paul.  “AI models are built on systems and data. The historical and live data from the system are used to create the intelligence layer to optimize how the system is used, but AI companies need live systems to build initial AI models. Those were built on Summerside for Summerside and are now live and in operation for over 2 years in Summerside PE.” Continues Paul. 

“We know the same models can then be used around the world and retrained on data from new systems. BluWave-ai was able to take electricity load models developed for Summerside, drop them in Mumbai and then use Mumbai data to retrain them initially over less than 48 hours and now gradually improving them for 1.5 years incrementally (like knowing how to drive in Summerside and arriving in Mumbai and figuring out how to drive there on new data).  In essence the load AI models of Summerside are now driving the grid in Mumbai India,” concludes Paul.

BluWave was able to conduct real world testing with an innovative Utility to develop the critical software to help utilities become more efficient and make more money right here in Summerside and through that experience is able to take that technology to the world.  Built in Summerside for a global market.

Bluwave and Summerside are now working on the next generation software and working to establish a Centre of AI intelligence in Summerside with the hopes of hiring upwards of 5 seasoned software engineers to grow the company in Summerside.

This is a huge win for our client BluWave that embraced our Living Lab Program.  Our ethos of the Living Lab to understand the problem, provide a platform to address and then allow companies to develop the proof is what our lab program is all about.  This is a testament to an innovative City being able to deliver results for companies on a global stage and grow our local economy. 

http://www.bigpossibilities.ca/living-lab 

To learn more on the 5 employment opportunities, contact Summerside Economic Development:

Michael Thususka
Director of Economic Development
City of Summerside

www.summersidexchange.com
Twitter:  @SummersideBiz

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