SOURCE: AutoGrid Systems

AutoGrid Systems

June 03, 2015 12:00 ET

AutoGrid Named One of Smart Grid News' "15 Smart Grid Companies to Watch in 2015"

REDWOOD CITY, CA--(Marketwired - Jun 3, 2015) - AutoGrid Systems, a leader in big data analytics for the energy industry, has been named one of the "15 Smart Grid Companies to Watch in 2015" by Smart Grid News.

The list features innovative smart grid industry companies that will have a significant impact on the energy industry by leveraging emerging business and technology trends in the Internet of Things (IoT), energy storage, distributed energy resources, the connected home and home and building energy management.

AutoGrid was specifically recognized for providing innovative and compelling big data analytics solutions built on its Energy Data Platform (EDP). With EDP, energy service providers can drive new forms of digital engagement with customers, support new types of business initiatives and make grid operations more efficient and reliable.

Similar to advanced search engines, AutoGrid's forecasting and optimization engines use the wealth of structured and unstructured data generated by the grid and the assets connected to it to uncover usage patterns, establish correlations between pricing and consumption and analyze the interrelationships of tens of thousands of variables. With this data, energy service providers can forecast how much power will be required weeks -- or even minutes and seconds -- ahead of time. This intelligence helps energy service providers add renewable resources, such as solar and wind, to the grid in a way that minimizes their intermittent nature and power the next generation of Energy Internet applications.

"It is an honor to be recognized by Smart Grid News for our innovative big data analytics solutions," said Raj Pai, AutoGrid's global head of products and marketing. "AutoGrid's compelling business solutions are helping global utilities use the power of smart grid intelligence to address today's energy industry challenges."

About AutoGrid
AutoGrid transforms data into the cleanest, cheapest source of power. The company's Energy Data Platform (EDP) and suite of Energy Internet applications help global utilities, energy service providers and Internet-of-Things (IoT) vendors improve customer engagement, enhance grid reliability, drive resource flexibility and increase profitability. EDP leverages petabytes of smart meter, sensor and third party data along with powerful data science algorithms to generate a dynamic, real-time portrait of energy consumption and implement actionable programs across connected assets and residential, commercial and enterprise customers.

Utilities such as E.ON, Bonneville Power Administration, Oklahoma Gas & Electric, Austin Energy and the City of Palo Alto Utilities are using AutoGrid's big data analytics technology to improve the reliability and productivity of their operations. AutoGrid technology is also embedded in software products from leading vendors, such as Schneider Electric, Silver Spring Networks and NTT Data.

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