July 14, 2022
Accenture Makes use of Synthetic Intelligence-Pushed Database to Lend a hand Cut back Electrical energy Charges for Colonial Pipeline’s Interstate Device
ATLANTA; July 14, 2022 – Accenture (NYSE: ACN) is the usage of a proprietary database powered via synthetic intelligence (AI) to lend a hand Colonial Pipeline, the most important subtle merchandise pipeline in america, scale back regulated and deregulated electrical software charges for its interstate pipeline gadget.
The energy-management mission leverages Accenture’s Software Monitoring Device (UTS), a proprietary database of roughly 30 million anonymized software expenses that the corporate has been aggregating for greater than twenty years. Constructed to spot energy tariff choices world wide, UTS makes use of AI-powered insights and automation as a part of Accenture’s SynOps platform to frequently reinforce the potency and reliability of electrical energy rate-savings suggestions.
Accenture is the usage of insights generated via UTS to guage energy expenses for operations at roughly 80 Colonial Pipeline pump stations alongside its 5,500-mile pipeline gadget, which delivers roughly 100 million gallons of subtle petroleum merchandise day-to-day to markets within the Southern and Japanese United States. Armed with details about tariff choices, Accenture gifts lower-cost choices — e.g., diminished charge according to kilowatt-hour — to Colonial Pipeline, after which works with utilities to lend a hand put in force new charges.
“This initiative, which is a part of our ongoing effort to optimize software charges, has proven encouraging effects early on and will have to proceed to lend a hand us in our complete evaluation of all software accounts on our gadget,” stated Tony Leo, supervisor of calories leadership and gear optimization for Colonial Pipeline. “We look ahead to our persisted partnership with Accenture as we determine alternatives to transition to renewable calories to energy our pump stations.”
Yusuf Tayob, staff leader government of Accenture Operations, added, “Our paintings for Colonial Pipeline is a brilliant instance of ways Accenture’s long-term investments in applied sciences are serving to purchasers deepen trade resilience amid evolving marketplace stipulations. We look ahead to making additional development in this mission and to serving to Colonial Pipeline evaluation the way it can purchase inexperienced calories, which increasingly more is powering infrastructure as shoppers and stakeholders call for cleaner air and not more environmental have an effect on.”
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About Colonial Pipeline:
Colonial Pipeline Corporate, based in 1962, connects refineries – basically situated within the Gulf Coast – with consumers and markets during the Southern and Japanese United States thru a pipeline gadget that spans greater than 5,500 miles. The corporate delivers subtle petroleum merchandise equivalent to gas, diesel, jet gasoline, house heating oil, and gasoline for the U.S. army. Colonial is dedicated to protection and environmental stewardship throughout its operations. Extra details about Colonial is to be had at www.colpipe.com.
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