Peter Davies is the CEO & Founder of Verv, machine learning experts in the energy sector. Verv has created an IoT hub which forms the basis of its peer-to-peer energy trading platform that’s facilitated by its VLUX Token. This enables households to sell excess renewable energy that they generate through solar panels directly to their neighbours at an affordable cost. Thanks to the hub’s ability to unlock valuable data from the home, Verv is creating a new-form data marketplace which will allow consumers to exchange their data for electricity, with a goal of bringing their bills down to 0.
A serial entrepreneur with an engineering background, Peter also founded Austin Consultants, the UK’s highest certified LabVIEW Consultancy. Co-founder of the European Workshop for NILM technology and organiser of the London LabVIEW user group, Peter won Innovator of the Year at the 2016 Business Green Technology Awards.
Peter will present on how AI allows big data to be broken down and delivered to consumers in a digestible way. Peter will discuss the value of the data that its IoT hub gathers for third party manufacturers and the model it’s creating to empower consumers to monetize their data by opting to share it with third parties. Peter will also discuss how AI can optimise peer-to-peer energy trading.