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I-ON Communications Co., Ltd.: Next-Gen Solutions For New-Age Energy Industry
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James Oh, Founder & CEO The advent of Information and Communication Technology (ICT) in the energy industry is changing the power market and driving its liberalization. Consequently, traditional utilities with centralized energy operators are in dire need of new roles in the modern energy industry to avoid threats to their existing roles. Strategically satiating the industry’s needs is I-ON Communications Co., Ltd, www.i-on.net, a whole-owned subsidiary of I-ON Digital Corp. [OTCQB: IONI](“I-ON Digital”), a Seoul, South Korea-based enterprise software company founded in 1999. With over 1,600 customers and over 100 partners around the globe, the company has evolved into an industry leader that recognizes the development of enterprise-class unstructured data management, digital marketing software solutions, sport-tech, and energy solutions. Specially, they are providing proven smart grid solutions for Demand Response, Distributed Energy Resources, Micro Grid, and Virtual Power Plant optimized energy management solutions.
“I-ON Communications provides the advanced energy solutions and services that aspire to manage the integration of various types of distributed resources with optimal convenience according to electricity market conditions and schemes,” says James Oh, Founder and CEO of I-ON Communications. For the purpose, the company has developed the solutions of the Demand Response Management System (DRMS), Load Aggregator’s Management System (LAMS), Energy Transaction System (ETS), Home Energy Management System (HEMS), Micro-Grid (MG) management, and more. The solutions are compliant with global standards, including Good Software (GS) and New Excellent Technology (NET), and utilize the global standard OpenADR 2.0 protocol, making I-ON Communications the first certificated company in South Korea.
LAMS is the most efficient and convenient operating system that integrates all functions necessary to manage loads and resources under the various Demand Response (DR) programs.
It offers real-time monitoring of gateway data, measured data management, automatic calculation, scheduling, reporting, and settlement for each participant in the DR market as all-in-one service. The utility aspects of the management solution for operation services of micro gird is MG solution, it manages the stability of grid with optimal operating of MG resources. Virtual Power Plant (VPP) platform integrates SW, HW, Financial/ Business model, and regulation/policy. This platform is able to manage a variety of geographically distributed power resources, such as ESS (Energy Storage System), PVs, EVs, and more. It has combined intelligent communication skills with various distributed resources and reliable control for balancing of the grid, based on the policy/regulation by collaborating with utilities for the optimal benefit of all the participants.
I-ON Communications provides the advanced energy solutions and services that aspire to manage the integration of various types of distributed resources with optimal convenience according to electricity market conditions and schemes
I-ON Communications’ client onboarding process has three key-points; firstly, they share with their clients the solid process of projects based on client needs, as well as the milestone that the company wants to accomplish with the client in the future.
Second, it provides potential opportunities to let the client participate in the new energy markets that the company is working on, such as Vehicle to Grid/Infrastructure (V2G/ V2I), VPP, and more, as a partner. This instills in clients the confidence to achieve more. Lastly, as a market leader, I-ON Communications is able to provide services and solutions beyond their clients’ expectations based on the company’s proven expertise in energy data management with a variety of experiences in the energy market. A recent successful case of onboarding is a client who wanted a customer-oriented, optimized, flexible, and scalable solution for the entry of DR market in a country that promotes total liberalization of the power retail market. The deployment of I-ON Communications’ customization-friendly LAMS and preparation for the new energy market together, proved not only the three key points of the onboarding process but also the proposed operation methods and optimal customization, beneficial to the client. “We reviewed various demand management service systems, but LAMS ensures convenience for our customers by visualizing the necessary information and suggesting the various directions of the future market, beyond our expectation,” expresses the client.
"Prioritizing customer success in the energy market, I-ON communications is designing and developing agile, scalable, and flexible energy solutions for the energy business"
85 percent of I-ON Communications’ workforce concentrates on R&D to cultivate better responsiveness to clients’ business requirements in today’s rapidly evolving ICT environment. “Prioritizing customer success in the energy market, I-ON communications is designing and developing agile, scalable, and flexible energy solutions for the energy business,” concludes Oh.