London, 26 July 2023. PowerX Technology Ltd, the first software platform to automate advanced data science at scale to optimise mobile tower operational processes, today announces the appointment of Ted B. Miller. Jr as a Non-Executive Director.
PowerX’s AI-led automation scales existing tower management expertise with a range of practical applications to deliver operational efficiencies and support new revenue-generating services. Benefits include CAPEX and OPEX optimizations for lower costs and accelerated growth, uptime resilience and auditable GHG emission reductions. Integrated into business and operational
processes, the solution improves physical equipment performance and manages operational issues to resolution, achieving lower energy and maintenance costs as well as improved capital deployment
decisions.
The PowerX data intelligence platform, proven across thousands of towers, enables the mobile tower industry to digitise operations and business processes at scale with automated visibility, insights and practical actions across the wide spectrum of assets and operations.
Ted Miller, former founder Chairman and CEO of Crown Castle Inc, the first tower company in the USA, and active investor and advisor in the industry, said: “the analogue way TowerCos and MNOs used to manage their portfolios has been the norm for over 30 years. However, given the ageing infrastructure, cost of talent, and rising demand, digitisation has now become essential. It creates the opportunity to accelerate revenue, increase the productivity of resource-constrained teams, produce savings at scale and deliver targeted insights across the enterprise to all stakeholders. Digitisation also allows TowerCos and MNOs to meet the sustainability goals that their shareholders demand.“
“The PowerX platform is enterprise-ready and already deployed at scale. It is the inevitable next evolution for the tower industry. I’m excited to contribute to this industry-changing technological leap. It allows a tower site to be totally digitized for maintenance, engineering analysis and power optimization from the desktop. The result is greater resilience, fewer truck rolls, reduced energy
costs and improved sustainability.”
Andrew Schafer, CEO at PowerX, said “Ted’s knowledge of the industry, the challenges it faces and the need to innovate provides further strength and insights to the PowerX team. He shares our vision to help the Tower industry transform itself with advanced data science tools that drive operational efficiencies, reduce carbon emissions, optimise capital expenditures and improve resilience. Digitisation will put TowerCos in the driving seat to solve the most pressing issues facing the industry today and we are delighted that Ted is joining PowerX as we lead that adoption."
About PowerX Technology
PowerX, a global Software-as-a-Service company, provides the market-leading data intelligence platform for managing and optimising energy assets. The platform’s advanced data science tools and workflows, integrated with enterprise business processes, deliver efficiency, resilience and sustainability for critical asset operations. In telecommunications, for example, the PowerX solution has achieved auditable 15%-30%+ energy and maintenance cost reductions, asset utilisation improvements, CO2 emission reductions and revenue assurance. PowerX is a highly scalable, hardware agnostic platform that is quick and easy to deploy.
The solution leverages AI to automate improvements and processes at scale helping operational teams identify inefficiencies, prioritise responses and manage to resolution with detailed diagnostics and integrated workflows. The result is enterprise-wide visibility, specific insights and automated control actions, with increased workforce productivity, reduced cost and site-level efficiencies at scale across large, distributed estates.
For more information contact marketing@powerx.ai
