About

Optimems Smart Energy Solutions P.C. offers a novel customer-centric platform that turns small and medium consumers into next-generation microgrids. Holistic optimized energy management, real-time monitoring and control, interoperable operation, and integration of electromobility are only a few of the capabilities provided by the umbrella of Optimems solutions. At Optimems, we integrate products and services, while addressing all the current and future challenges which emerge while Europe advances towards the era of Smart Grids 2.0. Optimems is a spin-off from the Information Technologies Institute of the Centre of Research and Technology Hellas (CERTH/ITI).

Solution & Product

The Optimems EMS platform offers key product features for microgrids and VPPs. It includes an Asset Optimal Dispatch Engine for dynamic optimization which also enables real-time compensation of weather and user behavior disturbances. Users are allowed to define objectives based on their needs (resilience, optimal financial operation, maximization of self-consumption etc.) and benefit from cross-energy sector integration (electrical and thermal assets).. Consumption/Generation/Price Forecast Engines provide accurate inputs to the core optimization engine using advanced machine learning algorithms. Real-time Monitoring/Control and KPI-based Analytics enable robust measurement harvesting, resilient scheduling, and visual performance evaluation. Electromobility integration allows optimal EV charger management, integrating OCPP protocol. Participation in Demand-Response programs supports open protocols (OpenADR), pricing integration, and demand-side management through EV charger-based VPPs.

Innovation & Scalability

The Optimems Framework incorporates innovative features that have been published in international peer-reviewed scientific journals and presented at renowned conferences. Key highlights include: A. The optimization core engine, utilizing the concept of "Virtual Distributed Energy Resource - vDER," enables modeling of various assets (consumers, producers, or storage units) of any size. B. The optimization algorithm considers multiple parameters, with a significant emphasis on battery health to prevent rapid degradation, resulting in efficient day-ahead and real-time operation schedules. C. The PV-forecasting engine employs a hybrid AI-powered approach, combining physical modeling and data-driven techniques. It accurately forecasts even small PV installations, with real-time readaptation capabilities. D. The intelligent software controller facilitates seamless integration between commercial inverters and the core Optimems EMS components. Its modular architecture enables easy connection through open communication protocols. With low computational requirements, it can be hosted within each inverter, eliminating the need for additional hardware. These cutting-edge features demonstrate Optimems' commitment to advanced technology and its ability to deliver reliable and efficient solutions for energy management.

Traction & achievements

Optimems has achieved significant traction and notable accomplishments. In its first year of operation, the company achieved financial sustainability solely through contracts from esteemed Greek and European clients. Recognizing its innovation, Optimems secured the 2nd prize in the Greenathon National Contest organized by the Greek Ministry of Environment and Energy (2021). Optimems' exceptional performance led to its recognition as finalists in the prestigious BASF Innovation Hub 2022, where it stood among the top 5 Greek startups. This recognition further solidifies Optimems' position as a promising player in the market (2022). Moreover, Optimems emerged as winners in the UrbanTech H2020 INNOSUP-funded project, an initiative by the European Commission. The company successfully secured funding in the 1st stage (€9.5k) and 2nd stage (€27k) of the project, with the 3rd stage pending. This achievement showcases Optimems' expertise and recognition in the field (2023). Additionally, Optimems achieved victory in the local event "Match and Develop a start-up," which resulted in direct qualification to the 2nd round of the 2023 NBG Business Seeds contest. This achievement highlights the company's potential for growth and success (2023). With these achievements, Optimems has demonstrated its commitment to innovation, financial sustainability, and recognition by esteemed institutions and competitions. The company's trajectory positions it as a leader in its field, ready to make

Team & Why Us

Optimems is a spin-off company of the Information Technologies Institute (ITI) of the Centre for Research and Technology Hellas (CERTH). All of its founding members are coming from the academia and have a rich and versatile scientific background, combining technical and business skills. The founders of Optimems are: Dr. Dimitrios Tzovaras (Business Development) is a Researcher Grade A’ and the President of CERTH. He holds a Diploma and a Ph.D in Electrical Engineering. Dr. Dimosthenis Ioannidis (Chief Innovation Officer - CIO) is a Researcher Grade C’ at CERTH/ITI. He holds a Diploma and a Ph.D in Electrical and Computer Engineering. Mrs. Angelina Bintoudi (Chief Executive Officer - CEO) is a Senior Research Associate at CERTH/ITI. She holds a Diploma in Electrical and Computer Engineering and she is pursuing her PhD on microgrids for specialized applications. Mr. Lampros Zyglakis (Chief Technology Officer - CTO) is a Senior Research Associate at CERTH/ITI. He holds a Diploma in Electrical and Computer Engineering and a MSc in Technical Project Management. Mr. Christos Timplalexis (Chief Data Officer - CDO) is a Senior Research Associate at CERTH/ITI. He holds a Diploma in Electrical and Computer Engineering and a MSc in Data Science. He is currently pursuing his PhD on smart prosumer applications.

Funding Needs

Optimems is currenty seeking funding aiming to implement a detailed 2-year business growth plan, mainly focusing on fine-tuning our product lines emphasizing on a) residential microgrids and b) aggregator’s toolset. In parallel, one of the company's short-term objectives is the preparation of a course of action for the development of a sales and marketing strategy.