The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) has announced the signing of a strategic partnership agreement for a long-term collaboration, with CHOICE Technologies, with the intent of researching into new analytical methods in the field of Big Data.
SnT Director, Prof. Dr. Björn Ottersten, expressed his delight and optimism with the project agreement, saying that its global nature, demonstrates the worldwide appreciation for the centre’s expertise in IT applications for industry and the utilities.
CHOICE, headquartered in Luxembourg and with operations in Brazil, Colombia and Turkey, specialises in computer-based systems to detect irregularities in power grids. Brazil, and other developing countries in Latin America, Eastern Europe, Middle East and Asia are undergoing rapid infrastructure expansion. As a result, electric energy suppliers are faced with the problem of non-technical losses in the power draw, due to, for example, electricity theft.
Denis Maciel Maia, CEO of CHOICE, also lauded the agreement, saying it was a decisive factor when choosing Luxembourg as its headquarters and that it will be a huge step forward in developing the necessary next-generation algorithms.
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The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) has announced the signing of a strategic partnership agreement for a long-term collaboration, with CHOICE Technologies, with the intent of researching into new analytical methods in the field of Big Data.
SnT Director, Prof. Dr. Björn Ottersten, expressed his delight and optimism with the project agreement, saying that its global nature, demonstrates the worldwide appreciation for the centre’s expertise in IT applications for industry and the utilities.
CHOICE, headquartered in Luxembourg and with operations in Brazil, Colombia and Turkey, specialises in computer-based systems to detect irregularities in power grids. Brazil, and other developing countries in Latin America, Eastern Europe, Middle East and Asia are undergoing rapid infrastructure expansion. As a result, electric energy suppliers are faced with the problem of non-technical losses in the power draw, due to, for example, electricity theft.
Denis Maciel Maia, CEO of CHOICE, also lauded the agreement, saying it was a decisive factor when choosing Luxembourg as its headquarters and that it will be a huge step forward in developing the necessary next-generation algorithms.