Greenbird, a Norwegian technology company and Czech-based Mycroftmind have announced a partnership to accelerate innovation in smart grid analytics and optimisation.
Innovation in smart grid analytics is dependent on the access and flow of data from smart meters, geospatial information systems (GIS) and operational applications. If the low voltage grid can be accurately measured and optimised, the door opens to a better understanding of grid behaviour and the optimization of a variety of distribution system operator (DSO) processes.
Currently, advanced analytics are often dependent on legacy systems to deliver the flow of data. Traditional systems integration approaches are slow to implement.
partnership enables utilities to speed up the process of creating value from intelligent data analytics.
Mycroftmind’s innovative systems for processing and analysing big data, combined with Greenbird’s pioneering approach to integration will not only help utilities derive value from their data, but it will also enable them to accelerate the energy revolution.
Greenbird is a global software provider. Its Metercloud platform delivers big data integrations as a SaaS model, with built-in support to enable the data flow driving new innovations and revenue generating possibilities for clients and partners. Most utilities still rely on system integration projects to solve required integration for supporting their operational processes. These projects are known to have a long time to market, are high cost, and there is high risk involved. Greenbird’s unique out-of-the-box approach enables integrations to be up and running in days rather than months as with traditional integration models.
“This announcement is another solid step in our journey to build on our Metercloud ecosystem strategy and become the platform of choice for accelerating digital transformation underpinned by the API economy,” said Kent Narvhus Oksdøl, SVP strategy and alliances at Greenbird.
“The relationship with Mycroftmind represents a powerful opportunity for Greenbird to significantly expand its presence in Europe, India and the Middle East, where we are actively working with clients already, and extend it to other parts of the world over time. We’re excited to partner with Mycroftmind as we focus our combined energies to serve a broader range of customer needs with industry-leading data flow and analytics solutions.”
Mycroftmind provides software solutions for smart grid development. They enable utilities to derive value from their smart grids through intelligent data analytics. Mycroftmind focuses on issues connected with demand-side response, phase connection identification, phase disbalance monitoring, non-technical losses localization, monitoring the influence of PV production to low voltage grids, EV charging issues and other cases which utilize existing data from smart meters and substations. The company developed DeepGrid, a platform for collecting and advanced data processing of smart grid data.
Mycroftmind applies big data processing techniques and machine learning algorithms specifically designed for smart grid data processing. Their pioneering approach is dependent on having seamless access to the data.
“To improve what we do for our customers we must improve the flow and transparency of data between legacy systems and our advanced applications for data analytics that transform data into information and information into insights”, said Filip Prochazka, Mycroftmind CEO.
“Mycroftmind’s analytics allow customers to realize the value and savings from smart grid investments and make informed decisions from intelligent data analytics. Greenbird's Metercloud technology has increased the speed at which this can be done. Through the partnership, we have removed the complexities and barriers typically associated with siloed utility data and accelerated the time to market for our customers”.