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utopusinsights.com

Stage

Acquired | Acquired

Valuation

$0000 

About Utopus Insights

Utopus Insights is an energy analytics software company that aims to accelerate an era of clean, reliable, distributed, and cost-effective energy. Its offerings include HyperCast, which provides accurate wind and solar day-ahead forecasting, as well as short-term forecasting or nowcasting, and can cut errors in half compared to current industry methods by combining specialized hyper-local weather forecasting with deep machine learning. Its benefits include increased firm renewable bidding, congestion and power quality improvement, and reduced spinning reserves. The company also offers GridPulse, which ingests all relevant data sources and combines them with physics models to accurately predict the failure probability of individual grid assets. GridPulse then combines this failure probability with network risk analytics to quantify the impact of failures. Augmenting time- and condition-based maintenance with GridPulse will optimize spending while improving reliability. HyperCast and GridPulse are built on MaestrOS, an extensible, full-featured platform for deep energy analytics, architected for cloud (SaaS), on-premises and distributed Internet of Things (IoT) operation, with Open APIs to allow integration with third party tools. MaestrOS has a rich set of data curation, machine learning, and stochastic algorithms, as well as hyper-local weather modeling.

Utopus Insights Headquarter Location

115 East Stevens Avenue Suite 202

Valhalla, New York, 10595,

United States

914-257-7254

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Expert Collections containing Utopus Insights

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Utopus Insights is included in 2 Expert Collections, including Renewable Energy.

R

Renewable Energy

2,868 items

Includes companies working on technology to support renewable energy generation.

A

Artificial Intelligence

8,693 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Utopus Insights Patents

Utopus Insights has filed 67 patents.

The 3 most popular patent topics include:

  • Electrical engineering
  • Electromagnetism
  • Machine learning
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/17/2020

1/25/2022

Mathematical optimization, Electrical engineering, Optimization algorithms and methods, Operations research, Parallel computing

Grant

Application Date

3/17/2020

Grant Date

1/25/2022

Title

Related Topics

Mathematical optimization, Electrical engineering, Optimization algorithms and methods, Operations research, Parallel computing

Status

Grant

Latest Utopus Insights News

Utopus Insights Announces Two New Key Executives; Chief Product Officer and Chief Operating Officer

Feb 8, 2021

Intellasia East Asia News Renewable energy analytics domain leader Michael Wilkinson joins as CPO, Jose Sebastiao elevated to COO Valhalla, New York -  Newsfile Corp.  - February 4, 2021 –  Utopus Insights, a leading renewable energy data visualization and analytics software provider, announced today the appointment of two key executives in its leadership team that will help strengthen its position as an industry innovator. He most recently served as Global Segment Director for Energy Digitalization at DNV, where he was responsible for digital products and services across the power and renewables sector. Wilkinson brings strong global, commercial focus in the development of digital technology and data analytics, and will lead all product development and strategic roadmap activities to strengthen Utopus Insights’ position as a leader in the renewable energy data analytics space. Wilkinson will report to CEO Chandu Visweswariah. “I’m thrilled to join Utopus Insights, a company that combines my passion for digital technology and data analytics with the overarching ambition to be a part of the solution to tackle climate change. I strongly believe that digitalization is a key enabler of the energy transition, allowing renewables to move us towards a net-zero-carbon future, and I’m delighted to be leading product development with such a strong team that can play a major role globally,” Wilkinson said. “With his rich experience, technical rigor and depth, track record of delivering results and leadership skills, I am confident that our Product team will achieve a quantum leap of innovation under Michael’s stewardship, resulting in great benefits to our customers,” Visweswariah said. Wilkinson brings with him nearly two decades of renewable energy experience. He started his career developing Condition Monitoring Systems for offshore wind turbines. In 2007, he joined renewable energy consultancy, Garrad Hassan, which ultimately became DNV, serving in technical, market development and senior management roles. A prolific thought leader and presenter, he is passionate about the role of digitalization as a key enabler of the energy transition from fossil fuels to a low-carbon global economy. Wilkinson resides in the United Kingdom. In addition, José Sebastiao was appointed as Utopus Insights’ new Chief Operating Officer. Sebastiao, in his previous role as Vice President, Operations, handled the deployment and reliability of digital products, supporting global customers’ asset operations. Sebastiao replaces Co-founder Kevin Warren, who is transitioning to the role of Chief Financial Officer. Sebastiao, who reports to Visweswariah, will focus on managing the Operations team to enhance customer integration activities, and will continue to collaborate closely with the Executive Leadership team on strategic corporate initiatives. “I’m delighted to welcome José Sebastiao into the C-suite. He has already been leading Product Operations for the last four months, so I know that the organization is in good hands. I cannot think of anyone who embodies our values more or drives harder towards the goals of our mission than Sebastiao,” Visweswariah said. “With these two appointments, we are well-positioned to chart an ambitious course in our future business pursuits.”   “It is a privilege to serve Utopus Insights in this leadership capacity. As COO, I will continue to focus on better serving and creating value for our customers while improving our operations,” Sebastiao said. “I am excited to be part of the energy industry digital journey and for where the company is headed.”   Prior to joining Utopus Insights, Sebastiao served as Director at PwC in their Capital Projects and Infrastructures practice, where he liaised with utility customers in the development and execution of complex infrastructure projects. He has extensive experience in large commercial project management for Fortune 500 companies, as well as operations and maintenance of electric facilities and key infrastructure projects. Utopus Insights is a data-driven energy analytics Software as a Service (SaaS) company that develops global digital solutions to accelerate the integration of renewable energy into the modern grid. Headquartered in New York, with development centers and sales presence across North America, Europe and Asia, we seek to accelerate an era of reliable, clean and cost-effective energy worldwide. Utopus Insights is an independent, wholly owned subsidiary of Vestas.

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