Minion

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  Minion - single phase

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  Minion - Three phase

Inspiration

Minion is for all electricity consumers across the world to help reduce their power costs at an affordable price point using "user friendly" products & analysis.

As there are many IOT Smart Energy Devices in the market that ensures energy efficiency and cost saving but it makes monthly electric bills doubling or tripling every month, with no increase in energy usage.

We had carefully read solutions of all existing smart meters across the world and identified the perfect use case which ensures 100% energy efficiency and cost saving to the electricity consumers

What it does

Minion is a single device (size: 39x49 Millimeter - World's smallest pocket energy auditor) with Wi-Fi,LORA,3G,4G,5G Connectivity which will fit inside the breaker panel (next to utility meter like addon) with single sensor clamp connection after the utility meter.

This Minion will perform appliance/device/tool/equipment wise real-time energy analytics. It will also perform Predictive analytics & maintenance of assets (Hospital, Industrial, Manufacturing/factories, Hospitality, Retail) which rescues the high cost assets from breakdown and also lowers the insurance costs. It schedules maintenance which will ensure and extend the life-time of assets beyond insurance time.

Our Minion is also Solar friendly/compatible. It has the ability to measure generation and consumption readings (acts as net meter) and performs real time & predictive analytics.

All the analytics are done on the cloud and enable users to experience the results through our SaaS - Windows application, Android & IoS Apps.

Our Minion provides three steps for ensuring 100% energy efficiency and cost saving

1. Realtime analytics - Let's user know what is he/she spending for at appliance level at any sectors (Residential, Hospitality, Hospitals, Industrial and more)

2. Predictive analytics - Reduces surprises in energy bills and User's can easily predict the energy usage and bills and schedule accordingly. This would be very useful for sectors running high cost assets which will prevent from breakdown and increase the efficiency of the assets.

3. Operating System (OS) - The predictive analytics with data and sensors leads to Operating system which ensures 100% of efficiency & cost saving. Without the help of human interfering, Our OS will perform automation inside buildings.

How I built it

I'm doing this research more than 3 years iterating the product regularly and making it an industry standard - world-class product

Challenges I ran into

The only challenge I faced is financial and liquidity problem to afford toolings, other than that everything was in place by luck

Accomplishments that I'm proud of

I pitched this in various big stages like

In February 2016, I received the ‘India’s 2nd Best Innovator’, A National award for Inventing a solution for Energy Sector at the event “Make In India” organised by Prime Minister Narendra Modi associated with Indian Institute of Technology, Bombay. This news was been published and streamed live in almost all National Medias and Newspapers. A total of 8,90,000 Visitors, 8,242 B2B B2G & G2G Meetings, 1,245 National & International Speakers, 215 exhibitors, 102 Nations, 9000+ Indian Companies, 2000+ Foreign Companies, 4000+ International Delegates, 1000+ CEOs & CXOs, 20+ Prime Ministers, Deputy Prime Ministers & Foreign Ministers approx. participated and witnessed the event.

In March 2016, I received the ‘India’s Best Smart Grid Innovator’, A National award for Inventing a smart solution for Smart Grid sector organised by Reji Kumar Pillai, President of India Smart Grid Forum, Professor Ramesh Gaonkar, Ministry of Power India, Tata DDL.

In April 2016, I received the ‘Smart City Expert of India’, A National award for framing smart city solutions for India’s 1st smart city – Shimoga City located at Karnataka State, India. The event was organised by Prime Minister Narendra Modi associated with Smart City Experts of India and Urban development board of India.

I have also granted a patent for two products on Energy Sector application No. 201641011319 with an International Classification No: G01R 22/00 which was officially published by Intellectual Property of India – Government of India on 15/04/2016 and the Journal No. – 16/2016.

What I learned

To be a successful in entrepreneurship, Start action.

I've went and pitched my product to many angel investors and I got two constant questions from everyone

1. Please provide us customer traction and we feel it's too early to look at it?
2. You are a Techie guy, but you don't have a professional experience to start a business, try finding a cofounder and get back to us.

What's next for Minion

I'm trying to raise funds by events. Using the funds, I'll be bootstrapping and deploy my products to gain customer traction.

Built With

• embedded-c
• nilmtk
• predictive-analytics
• real-time-load-analysis