Current Compute Technology At End Of Life
“By 2025, traditional computing technologies will hit a digital wall…As conventional silicon processors approach performance, economic and sustainability limits, they will limit digital initiatives and innovation, thereby limiting the growth of the business. New computing technologies … will begin to take their place. As these new technologies mature, they will become increasingly available and more affordable for businesses to begin experimentation.”
Gartner Group Strategic Predictions for 2021 And Beyond
Fractal technology is a new compute tech stack delivering a price/performance benefit for the electric utility industry that is truly disruptive – in a very good way.
Fractal technology, in use at several electric and water utilities for the last 7 years, has proven itself a transformational technology – delivering complex applications in 90 days or less at a cost 1/10th that of conventional technology.
The Fractal tech stack runs from 1,000 to a million times faster than any current utility application today. Speed means something – and not just shortening a billing cycle.
If you speed up an app 10x, you make an incremental improvement.
When you increase compute speed by a factor of 1,000 or 1 million, you enable entirely new business models.
For instance, Fractal speed, at current electric utilities:
- Enables rate planners to take EVERY customer, measured against EVERY rate, using their bills going back a decade, and simulate DAILY the optimum rate plan.
- That utility knows, to the penny, the financial impact of every rate plan, against every customer.
- There are NO SURPRISES when a new rate plan adversely impacts a large customer. That plan and a multitude of others were simulated and shared with that customer – in advance.
- Service transformers can be monitored, 24/7, with software virtual meters, no hardware needed, to measure loads making sure they are not overloaded.
New business models are possible – like monitoring the HVAC and other expensive equipment with AI (artificial intelligence) driven applications to warn when expensive equipment is likely to fail.
Cloud application costs, which are extraordinary and unpredictable, can be reduced 80%. Because Fractal does not use the “value added services” which constitute the overwhelming cost of the cloud – apps run at a fraction of the cost – predictably.
Join us here to learn how current electric and water utilities, are greening their future, and that of their customers, reducing the need for massive, power hungry data centers – while delivering major production apps in 90 days – with Fractal.