Demand Logic and SEaB Energy have been selected to pilot their technologies at Canary Wharf after winning the second phase of the Cognicity Challenge.
Cognicity is a smart cities accelerator programme designed and delivered by ENTIQ for Canary Wharf Group (CWG). It was established to discover and support the development of future technologies with positive economic, social and environmental impacts.
Demand Logic helps businesses to reduce their electricity usage by intelligently monitoring and controlling non-essential electrical outputs, saving money and emissions in the process, while SEaB Energy has developed a system that eliminates the need to transport food waste to distant processing plants by converting it into water and green power on-site.
Both companies have been awarded a £50,000 prize alongside the opportunity to implement their technology at Canary Wharf. Through Cognicity, CWG is facilitating new types of interaction between developers, large technology firms and startups. The programme also aims to demonstrate how multiple solutions can work together successfully through the use of Big Data and the Internet of Things.
SEaB Energy and Demand Logic won the third and fourth streams of the Cognicity Challenge called ‘Integrated Resource Management’ and ‘Automated Building Management’. The winners were announced at a Showcase Event held at Level39, Europe’s largest accelerator space for fintech, retail, cyber security and smart cities technologies. Together with ten other entrants, the companies pitched their innovations to an audience of smart city leaders, mentors and stakeholders, including Cognicity’s sponsor Intel.
Eric Van der Kleij, Managing Director of ENTIQ and Head of Level39, said: “SEaB Energy and Demand Logic are two truly worthy winners. For the last twelve weeks these innovators have been on an incredible journey, and last night was just the beginning of what we hope is a much bigger future for all of them. By bringing together industry-leading experts and key figures from CWG, we can really help these firms to develop, tailor and deliver their solutions, creating an authentic, lasting impact on the Canary Wharf estate and beyond.”
The final two Cognicity Challenge streams, ‘Virtual Design and Construction’ and ‘Connected Home’ have just begun, and focus on the new phase of development to the east of Canary Wharf estate. The winners will be announced on 7th July.
For more information visit: www.cognicity.london