MicroEJ Introduces VEE Energy, Enabling a New Software-Defined Era for the Smart Grid [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
NASDAQ:AMEX Investor Relations:
schneider-electric.com/en/about-us/investor-relations
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Source: Yahoo! Finance
It enables the deployment of intelligence at the edge, bringing complexity-free innovation to the smart grid with the same transformative effect that apps brought to smartphones. (Source: 'MicroEJ, a leader in embedded software, unveils VEE Energy —a solution that transforms standard meters into agile, AI-enabled smart devices...') Utilities transitioning to AMI 2.0 face growing challenges, including increased electricity demand, renewable integration, undersized grids, and rising energy costs. VEE Energy addresses these challenges by offering a cost-effective and scalable path to AI-driven innovation on existing hardware, allowing utilities to easily deploy edge AI applications on their meters without costly hardware upgrades. (Source: 'As utilities transition to AMI 2.0, they face growing challenges... VEE Energy is the version of MICROEJ VEE built by and for the energy actors and bridges this gap...') The key benefits of VEE Energy include enhanced grid management for distribut
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