RTSoft took part in the Russia-Singapore business council
RTSoft experts presented the company’s innovative solution for smart energy management for industrial needs within the framework of the second international conference “Russia-Singapore business council”.
The event was aimed to strengthen and broaden the Russian-Singaporean economic cooperation; it took place in Moscow on April 18th, 2017. The organizers included the Russian-Singaporean business agency, Russian Ministry of Economic development, Russian Ministry of industrial and commercial development (MINPROMTORG), Russian Chamber of commerce and industry, the Moscow government, ROSTEKH national corporation and others.
Conference participants stressed that, for Russian businesses, Singapore opens the gates to Southern and South-Eastern Asia. Apart from the already-established partnership in the domain of mineral resources and raw materials, it is planned to further develop cooperation in scientific and R&D fields. Currently in the Asian market there is a high demand for Russian technologies, and Russian companies, including RTSoft, have a few things to offer in terms of advanced automation and management of distributed generation.
This, RTSoft experts presented AMIGO, an information management system capable of solving the most characteristic electricity problems of the industrial segment of ASEAN countries, including excessive electricity costs, equipment maintenance and repair, production losses caused by low reliability and quality of electricity. AMIGO, thanks to its innovative approach and forecasting and optimization algorithms, allows to significantly reduce costs, increase reliability and maximize renewables and energy storage efficiency.
The report sparked a lot of interest: many conference participants expressed their wish to learn more about AMIGO and RTSoft. In fact, it will soon be possible to see AMIGO in action in the Skolkovo R&D Institute at a stand demonstrating how AMIGO operates.
We hope that our participation in the Russia-Singapore business council will result in a productive collaboration between our company and the businesses in ASEAN countries, allowing for mutually beneficial technological development.