icure option roundabout
TRANSCRIPT
![Page 1: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/1.jpg)
Point Energy TechnologyPE Tech
Providing actionable insights that reduce your energy costs and optimise your manufacturing processes
Dr Jing DENG
[email protected]@qub.ac.uk
![Page 2: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/2.jpg)
Team
Dr Jing Deng Prof Kang Li
Joseph Devlin
Ronan Cunningham Lead
Business mentor
Academic advisor
MarketingDr Haikuan WangHardware Engineer
Shaojun GanSoftware Engineer
![Page 3: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/3.jpg)
Customer Pains
Manufacturing cost
Northern Ireland£9m energy bill870 employees
CLOSING DOWN
Materials 55%
Energy; 10%
Others; 35%
![Page 4: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/4.jpg)
Customer Pains
1 2 3 4 5 6 7 8 9 10 11 120
20406080
100120140 Energy usage
Usa
ge (1
0k K
wh) Demand
capacity
Months
![Page 5: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/5.jpg)
Value
![Page 6: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/6.jpg)
Value
£1Saving on
energy
£10Additional
sale
Profit Margin 10%
£100K £1m
![Page 7: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/7.jpg)
Energy Management System
Average potential savings - 35%
Scheduling Equipment Process10% 15% 10%
7% 9% 0.1%A very good solution
Point Energy solution
![Page 8: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/8.jpg)
Current energy monitoring solution
1.22kwh 1.18kwh 1.58kwh
1 2 3
Energy Monitoring
Energy Saving
![Page 9: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/9.jpg)
Component level energy monitoring1 2 3
Power Logging
RS485/RS422
RS485/RS422 RS232 Ethernet WIFI/
GPRS
Analog po rts
CAN
Digital IOs
Smart Data LoggerPower Supply
Power Logging
RS485/RS422
RS485/RS422
RS232 Ethernet WIFI/GPRS
Analog ports
CAN
Digit al IOs
Smart Data LoggerPower Supply
Power Logging
RS 485/RS 422
RS 485/RS422 RS 232 Etherne t
WIFI/GPRS
Analog ports
CAN
Digital IOs
Smart Data LoggerPower Supply
![Page 10: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/10.jpg)
Potential saving
ComponentEnergy
Machine
1 2 3
Heater 1 0.15 0.14 0.16Heater 2 0.12 0.13 0.28Heater 3 0.12 0.12 0.11Heater 4 0.08 0.09 0.09Motor 1 0.4 0.35 0.56Motor 2 0.2 0.18 0.21Motor 3 0.15 0.17 0.17
Total 1.22 1.18 1.5821.8% 16.4% 13.6% 35.4%
![Page 11: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/11.jpg)
What we do
Power Logging
RS485/RS422
RS485/RS422 RS232 Ethernet WIFI/
GPRS
Analo g po rts
CAN
Digital IOs
Smart Data LoggerPower Supply
• Component level energy and condition monitoring
• Machine and process optimization
• Reduced energy consumption• Reduced Maintenance• Reduce Machine Downtime• Increased productivity• Increased product quality
3R2IInsights
Actio
ns
![Page 12: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/12.jpg)
What we do
Online identification
ToolControl signals
Heater 1
3.2kw
Heater 2
3.4kw
Heater 3
2.7kw
Heater 4
1.2kw
Heater 5
4.7kw
Heater 6
0.8kw
Motor 1
25kw
Motor 2
3kw
Motor 3
1.1kw
Total Power consumption
![Page 13: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/13.jpg)
ICURe Journey
86 Interviews
Polymer processing
Foodprocessing
Steel making
Chemical processing
Car Making
IT and Automation
Energy monitoring
![Page 14: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/14.jpg)
ICURe Journey
![Page 15: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/15.jpg)
Additional values
Prevent unplanned machine shutdown
Component
level
monitoring
2-3%
Minimize product quality variations 1-2%
Early warning of potential failure 1-3%
Optimize process settings and reduce material waste (Lower cost and higher quality)
3-5%
Potential saving
![Page 16: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/16.jpg)
Additional values
ISO 14067 - Carbon Footprint
Energy Audit
![Page 17: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/17.jpg)
Current Market
10% Machine level energy monitoring
80% of machines are over 10 years old
Only a few new machines have component level energy monitoring (simple display, no logging)
![Page 18: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/18.jpg)
Current Market
UK manufacturing industry£148 Billion
£7.4 Billion Total Energy cost 5%
£1.48 Billion 20% Saving
30% of Saving£444 Million
£22.2 Billion The world 50X
£222 Million 1% Share
![Page 19: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/19.jpg)
Competitors
• Lack of detailed information• Lack of actionable insights• Saving is not significant• Cost is too high
![Page 20: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/20.jpg)
How do customer pay
Initial fee (£500 per machine) + Monthly subscription (£50 per machine) (add-ons are available)
50 Machines
£700k Energy bill 20% Energy saving £140k Cost saving
£25k+ £30k /Year
0.4 year payback
![Page 21: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/21.jpg)
Simple 5 years plan
SalesYear 1 Year 2 Year 3 Year 4 Year 5
Customer 10 30 80 150 300Sale £550,000.00 £1,400,000.00 £3,650,000.00 £6,250,000.00 £12,750,000.00
CostYear 1 Year 2 Year 3 Year 4 Year 5
Employee 5 10 15 25 50Wages £175,000.00 £380,000.00 £615,000.00 £1,050,000.00 £2,150,000.00
Hardware £50,000.00 £100,000.00 £250,000.00 £350,000.00 £750,000.00 Marketing £10,000.00 £15,000.00 £25,000.00 £40,000.00 £80,000.00
Others £20,000.00 £30,000.00 £50,000.00 £80,000.00 £12,000.00 Total £255,000.00 £525,000.00 £940,000.00 £1,520,000.00 £2,992,000.00 Profit £295,000.00 £875,000.00 £2,710,000.00 £4,730,000.00 £9,758,000.00
![Page 22: Icure option roundabout](https://reader036.vdocuments.us/reader036/viewer/2022081421/58a7d7f31a28ab8a7e8b5983/html5/thumbnails/22.jpg)
Next Step
• Form a spin-out• No more research and development is needed• Time is important• IP protection is to be considered
We can start the business nowTrials are being set up in 3 local companies
Thanks!