Company Recognized for Its Strong Market Momentum in the Energy Internet Sector
REDWOOD CITY, CA, Oct 05, 2015 (Marketwired via COMTEX) — AutoGrid, a leader in big data analytics solutions for the energy industry, has been named a finalist in the Platts Global Energy Awards, an annual program recognizing exemplary industry leadership and innovation. The 2015 finalists, chosen from nearly 200 nominees from nearly three dozen nominating countries and representing four continents, were announced by program host Platts.
AutoGrid is a finalist in the Rising Star Company category, which recognizes the achievements of either a startup business or an existing business that has moved into a brand new field. Founded in 2011, AutoGrid has established itself as a leader in the rapidly growing Energy Internet sector with customers and partners that include City of Palo Alto Utilities, E.ON, Florida Power & Light, Southern California Edison, Bonneville Power Administration, Eneco Energy Trade, Dominion Energy, Portland General Electric, Silver Spring Networks and Schneider Electric.
“We are excited to be chosen as a finalist for this prestigious Global Energy Award and it demonstrates that the energy industry is increasingly realizing that the future of energy is going to be data and software that drives the development of a new Energy Internet ecosystem,” said Raj Pai, AutoGrid’s global head of products. “From improving customer engagement, to enhancing grid reliability, to helping utilities and energy service providers create new business programs, AutoGrid’s solutions show that data can become the world’s cleanest, most reliable source of power.”
About AutoGrid: AutoGrid transforms data into the cleanest, most reliable 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 and flexibility and launch new business initiatives. 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, Florida Power & Light, Southern California Edison, 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.
About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets. Platts’ news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in more than 150 countries benefit from Platts’ coverage of the biofuels, carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, shipping and sugar markets. A division of McGraw Hill Financial, Platts is based in London with more than 1000 employees in more than 15 offices worldwide. Additional information is available at http://www.platts.com.