Mohit Kakkar, student of PGPM Energy (Batch 2014-16), is currently working with Deloitte Consulting India Pvt. Ltd. and has recently won the SAP Global IoT Prototype competition.
We got in touch with him to know more about his achievement.
1.) What was the SAP Global IoT prototype competition about?
The SAP Global IoT Prototype competition was meant to give you an end-to-end experience of designing and prototyping an Internet of Things app for people’s needs.
2.) And how did winning feel?
Needless to say, it felt exhilarating. The top 5 submissions each won a brand-new Intel NUC Mini PC and $25 gift card which can be used to fund an entrepreneur on Kiva. The top 200 runner ups were displayed on the SAP “best of” gallery with their outstanding prototypes.
3.) What is your line of work? Why did you take part in SAP Global IoT Prototyping competition?
After completing my masters from Great Lakes, I started working as a SAP consultant at Deloitte Consulting Pvt. Ltd. I participated in this competition because I am an IoT enthusiast from my post-graduation days where I learnt the fundamentals of IoT like Sensors, Cloud and various other business technologies. Since the digital transformation roadmap strategy of SAP got changed and they announced SAP Leonardo which was put forward as an innovation portfolio focused on innovative solutions running seamlessly on the cloud, there was no better way to get myself acquainted with the platform other than by participating in this competition and working on it in real time.
4.) In your own words, what specific problem does this prototype seeks to solve? How does IoT provide an ideal solution?
We are living in 2017 and power utility companies today do know where a power outage has occurred, but they do not know what triggered that outage. Additionally, utility companies still can’t predict an outage and hence, they can’t take any preventive measures to stop it. On the other hand, by the time a crew member gets to know that a power outage has occurred at some place, the impacted customers suffer approximately 20 minutes of power outage on an average. Lastly, today customers have no visibility of their electricity consumption pattern and neither the electricity tariff that power utility companies charge them on a particular hour of the day.
Hence, the problems were many and I came up with a solution i.e. an innovative app which connects assets, control room operations team, crew members and customers/people.
Leonardo IoT Bridge provides us with capabilities to cut across various aspects of a power utility business model. We can monitor the real time health of the transformers using IoT sensors, using cloud platform edge computing we can store and analyse huge volumes of data of all the real time parameters; and we can also predict the future outages using machine learning algorithms. Moreover, we can also help the customers stay aware of their electricity consumption behaviour patterns by using smart meter data. Hence, we achieve increased transformer utilization, lesser power outages, and maximized revenue generation by monitoring the operational status and customer satisfaction.
5.) What inspired you in creating your prototype?
My passion for IoT and excitement to learn SAP Leonardo framework inspired me to create this prototype. But to think through the complete end-to-end solution my 3.5 years of experience in Power utility industry and my subject knowledge which I gained at Great Lakes Institute of Management gave a head start to start this idea. Once the first draft was ready, the feedback and motivation I received from my mentor were a huge inspiration for me to build this prototype in an agile model, wherein I did multiple iterations to touch up the inconsistencies.
6.) Do you plan to do further work in developing your prototype?
We have actually started building this solution in Deloitte. But I am eagerly waiting for the SAP connected goods portal, wherein we can configure and use the pre build APIs.
7.) What are your thoughts on being able to fund an entrepreneur via the Kiva crowd funding platform? How did you go about identifying an entrepreneur to fund? Were there certain criteria that you used?
It felt really great that our hard work helped someone start their business. We talk about connecting people in the SAP Leonardo framework, but for all the winners to be able to fund an entrepreneur has truly connected people together.
Initially, I tried to fund an entrepreneur in my country, but then I found a lady in Cambodia who needed a loan of $625 to purchase a motorbike for her daughter to run her goods delivery business. She had received $600 already and I thought I should give my $25 gift prize to her and close down her request. It truly felt like bliss to be able to help someone so far away.
Originally published on Great Lakes Institute of Management, Gurgaon BLOG!