Frost and Sullivan Announces 2018 Global Entrepreneurial Company of the Year

Today Servato and analyst firm Frost & Sullivan announced that Servato is named the 2018 Company of the Year in the Energy Storage Industry.

The selection of this award is derived from primary market analysis and in-depth interviews conducted by the Frost & Sullivan industry analyst team. The Company of the Year Award selection process is based on excellence in growth, innovation, and leadership. Specifically, superior performance in three key areas — demand generation, brand development, and competitive positioning — play a crucial role when selecting the Company of the Year.

Frost and Sullivan:

While the current focus of the industry is on battery monitoring and how to keep batteries working safely and reliably. Servato has brought a new dimension to the market with a shift from passive battery monitoring to proactive battery management. The company uses a unique, patented methodology (Adaptive Charging) for measuring and charging batteries compared to older technology of float charging batteries. Adaptive charging extends battery life by only charging the battery when it needs to be charged and otherwise resting it. Continuous charging for batteries to keep them at a 100% state of charge has negative consequences, as it accelerates battery failure due to increased temperature, grid corrosion, plate degradation, and dry out. This leads to high replacement costs. Servato introduced Adaptive Charging to remove these harmful mechanisms and charges batteries only when necessary and for as long as necessary to maintain a full charge. Introduced by Servato, adaptive charging “virtually disconnects” standby batteries from continuous charging using a proprietary switch design that allows the batteries to rest yet still be immediately available for discharge when needed.

Some of the benefits of adaptive charging include:

Battery isolation
Highly accurate “rested” state of health measurements
Improved useful battery life
Reduced energy consumption
Reduced gassing, grid corrosion, and positive plate softening
Daily battery maintenance
Remote monitoring
Daily monitoring
Web-based dashboard and alerting
Proactive trend analysis
Scalable monitoring program
Safety and community relations
Service reliability and availability
Environmental stewardship
Reduced cost

Servato has entered into a commercial relationship with ABB (formerly GE Power) to introduce the first unified rectifier and battery management solutions. It integrates the functionality of Servato’s SPS-248 battery management system with ABB’s rectifier modules. This solution is targeted towards fixed and wireless carriers as it gives them the rectifier that they need to power their telecom equipment with a remote battery management system as added value. This is the first of its kind unified rectifier power and battery management solution.

Servato is taking remote power management to the next level to offer the combined value of battery management systems with a highly power efficient rectifier solution from ABB. Servato believes this solution will allow customers to more easily and economically upgrade backup power management infrastructure that is continuing to decay as it is ignored and not enhanced.

As per Chris Mangum, CEO of Servato, this is the next evolution in smart rectifiers. The company’s battery management solutions have always been IoT-enabled, giving carriers the ability to monitor and maintain not only batteries and rectifiers but other systems (generators, hard contact alarms) remotely to save on costly manual intervention. This is the future now and demonstrates how two important components of a carriers’ power infrastructure have been combined to offer unprecedented value.

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Click the graphic below to read the full report and award details: