The company was acknowledged at the event held late last year in Dallas, Texas, for its work with French telecommunications company Orange and Dutch management and technology consulting firm BearingPoint on a proof-of-concept 'Smart Energy Catalyst'.
According to a company statement, through the project, Esri demonstrated how a smart home, smart electric vehicle and smart energy system can work together in an IoT ecosystem with location as a “key interaction point”.
Geospatial tech and IoT
Esri’s project aimed to show how geospatial technology is critical to enable IoT applications. For example, when an individual leaves home or work, mobile devices trigger the geographic information system to begin a series of notifications and actions.
Lights in the household automatically turn off, security systems are enabled and users are notified that their electric vehicle needs charging.
The company explains that the multiphase project demonstrated how geofencing in homes and cars can work with Esri's geographic information system (GIS) technology, in order to perform the aforementioned actions.
Randy Frantz, telecommunications solutions director at Esri, said: “We're driving toward the ultimate Internet of Things (IoT) ecosystem where you can bring different applications together that are going to make our lives safer, more energy efficient, and much better in the future.
"Location provides context to the IoT network. It transforms raw sensor data into useful, actionable information," Mr Frantz added.
Esri was awarded the Most Innovative Catalyst based on various criteria, including having a “compelling and inspiring demonstration; growth potential and business value and potential for humanitarian or other positive effects on society.”
The catalyst programme run by the TM Forum is aimed at nurturing the development of innovative solutions to pressing telecommunications business challenges.
Frantz is also said to have accepted the role as co-lead of TM Forum's IoT work stream.
The initiative explores how location, advanced sensor and device data, and powerful industrial and consumer solutions can change social norms and bring business into the modern technology framework.