PRESS RELEASE

26 Oct, 2016

I-ON and UK GridDuck signed LOI for global DR market



SEOUL, South Korea – 26 Oct, 2016 – I-ON Communications Co., Ltd., a leading unstructured data management solution and service provider based in South Korea and GridDuck, a UK based SmartGrid solution provider signed LOI to go to global DR (Demand Response) market together.

Through this agreement I-ON and GridDuck are to push forward a project that supports hardware and software cross-platform for UK’s frequency management DR market by providing a UPS battery load test, an automated Demand Response test and an automated controlling of small-scale distributed resources. They also expect to apply for EU-funded joint R&D programs such as H2020 in the near future.

More than 50% of DR resources in Korea are currently managed by I-ON’s own solutions and services and based on these experiences and knowledge it has entered into Thailand market as well. Furthermore, in collaboration with 5 organizations including Gachon University and 4 more universities in UK, I-ON is conducting development of prediction and control technologies for prosumer load, transaction management.

 

“We see the great market potential successful foothold in local and Thailand DR market and are very excited about what our efforts will bring into the Smart Grid world in UK and other European countries.” said James Oh, CEO of I-ON Communications.

 

About GridDuck
GridDuck, also known as DuckDuck is a UK based hardware + cloud solution provider for DR (Demand Response). Its solution enables electricity users (households, factories, offices) to get paid cash to temporarily reduce demand and to prevent network spikes, e.g. TV events, winter afternoons and to balance out intermittent renewable energy.

About I-ON Communications Co., Ltd.

I-ON Communications has been providing enterprise-class unstructured data management solutions and services since its establishment in 1999. With strong market presence in Korea and Japan, its expertise in Enterprise Content Management solutions has proven track records by 1,000+ commercial references and a wide range of projects with government, world renowned partners. Its offerings encompass Web Content Management, Electronic Document Management, Digital Asset Management and Demand Response Management in Smart Grid / Smart City. I-ON was awarded 2014 Red Herring Top 100 Asia, Gartner Magic Quadrant for WCM 2014 as ‘a vendor may meet your needs’ and multilateral joint R&D project Eureka, ITEA3.



Learn more about I-ON products : http://www.i-on.net/eng/product/ics/index.html 

 

Contact us

15, Teheran-ro 10-gil, Gangnam-gu,

Seoul, 135-080, Korea

 

[Rep.]
T : +82-2-3430-1200
F : +82-2-3430-1205

U : www.i-on.net/eng 

 

[Int’l Business Development]

T : +82-2-3430-1237 

F : +82-2-3430-1205
E : intlbiz@i-on.net 


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