Luxoft Energy to present DMFusion platform for energy consumption control at CEBIT

Kyiv, February 26 (Interfax-Ukraine) - Luxoft Energy, part of the Luxoft software developer, will present its solution for power consumption control, DMFusion, at the CODE_n startups tender during the CEBIT world IT exhibition, the board chairman of Ukraine's GreenCubator network of energy innovations, Roman Zinchenko, said at a press conference at Interfax-Ukraine on Tuesday.

"We're very pleased that at the proper time we invested a certain amount of time and money to establish a partnership with Luxoft, so that Ukraine could appear on the map of European green startups," he said.

The DMFusion platform provides a two-way data exchange between power suppliers and consumers, allows them to manage power consumption, smooth out peaks of consumption, reduce costs, connect power exchange mechanisms and use other capabilities of smart power grids.

According to project leader Dmytro Vilchynsky, this solution has not found clients in Ukraine so far, but at present the company is in talks with a large energy holding to implement this solution.

GreenCubator is a partner of the CODE_n contest in Ukraine.

Luxoft, part of IBS Group Holding, is the largest software developer in such industries as finance and banking, telecommunications, heavy industry and mechanical engineering, electricity and electronic commerce.