Experion Technologies, a product engineering and digital transformation services firm, and Julius-Maximilians-Universität Würzburg (JMU), a public research institution in Bavaria, Germany, have collaborated for research and development in energy systems, data analytics and artificial intelligence (AI). The two parties recently signed a Memorandum of Understanding (MOU) for the collaboration.
Experion Technologies, established in 2006, provides digital solutions to businesses in sectors like automotive, healthcare, BFSI (banking, financial services, and insurance), and retail, harnessing artificial intelligence, IoT (Internet of Things), and Cloud Computing.
The partnership will facilitate collaborative research projects focused on smart energy systems, with an emphasis on AI and simulation. By pooling resources and expertise, both entities aim to drive innovation in this critical domain by extending mutual access to specialized laboratories, research facilities, and computational resources to facilitate research.
“We believe AI can act as a pivotal enabler for efficiency and sustainability in this ecosystem. We see trends crystalizing in bi-directional charging based on the impending dynamic energy pricing scenario wherein EV fleets or EVs are going to be power plants or power consumers in cities to thus manage the energy grid load and optimize costs for consumers. We are thrilled to embark on this transformative and collaborative journey alongside Julius-Maximilians-Universität Würzburg (JMU), whose research experience in EV-related energy consumption data studies, together with Experion’s client mandates, can help deliver thought leadership in the EV charging solutions market,” said Binu Jacob, managing director and CEO at Experion Technologies.
Prof. Marco Pruckner, Chair of Modeling and Simulation, Faculty of Mathematics and Computer Science at JMU, said, together with Experion Technologies, they plan to drive forward joint research and developing projects in the field of smart energy systems and vehicle grid integration.
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