New Chicago lab provides a testing ground for utility customers to explore and innovate solutions to solve their toughest challenges
DEERFIELD, Chicago and BOULDER, CO – April 26, 2022 – Oracle and Copper Labs are joining forces to empower utility customers to create new opportunities and solve tough challenges at the Oracle Industry Lab. Opened today, the facility provides hands-on, simulated industry settings for customers to experiment, learn, and bring transformative technologies to life.
Copper Labs’ patented technology unlocks real-time grid-edge data for gas, water and electric utilities. At the lab, visitors will be able to “see behind the meter” with the company’s patented technology to understand how timely and reliable intelligence can enable smarter grid decisions and reduce demand.
“With so many public and private sector stakeholders working together to transition to clean energy, The Oracle Industry Lab creates a unique and important opportunity for collaboration and exploration,” said Dan Forman, CEO of Copper Labs. “The innovations that will come from this will be key to decarbonizing the grid.”
The 30,000-square-foot Oracle Industry Lab brings customers, technology partners, and the entire Oracle portfolio of solutions and decades of deep industry expertise together to incubate and demonstrate new solutions across industries. Supported by Verizon 5G Ultra Wideband, the Oracle Industry Lab will first focus on use cases in utilities, construction and engineering, communications, and manufacturing.
“Many industries are at a crossroads as they look to navigate increasing regulatory, environmental, and customer-driven demands,” said Burcin Kaplanoglu, vice president, Oracle Industry Labs. “We built the lab to bring together leading innovators like Copper Labs so we can jointly help customers shape bold ideas into powerful solutions that improve productivity, operational intelligence, and sustainability.”
About Copper Labs
Copper delivers real-time, grid-edge usage and voltage data to utilities, solutions partners, device vendors and network operators to accelerate the energy transition. The insights from Copper’s patented solutions empower its customers to make smarter grid decisions across electric, gas and water infrastructure, provide more personalized services, and orchestrate load flexibility when it matters most. Copper is fully compatible with grids across the intelligence spectrum, uncovering visibility at speed and scale for a fraction of the price of existing solutions. Visit CopperLabs.com for more information.
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