eSmart Systems
eSmart Systems is a Norwegian technology company that develops systems and software for utility companies based on artificial intelligence, including for automatic detection of components and faults in the power grid.
Intelligent solutions for a safer power grid
eSmart Systems’ world-leading platform analyzes and visualizes real-time operation data using AI and machine learning, providing energy providers all over the world with better insight, higher efficiency and reduced operating and maintenance costs.
The company was established in 2012 and has close to 50 customers in 7 countries. Several of the world’s largest energy providers use eSmart Systems’ technology to monitor, inspect and operate their power grids.
Energy systems are changing
Development and maintenance of power grids is demanding. Severe weather conditions, wear and tear on older facilities and law changes often result in enormous costs for utility companies. Systems that contribute to lower failure rates, extended service life and reduced maintenance are crucial for operating robust and flexible power grids, and will have major economic benefits for both utility companies and end users.
At the same time, it is crucial that the energy system increase the amount of renewable energy to reduce global greenhouse gas emissions – xx% of greenhouse gas emissions come from the production of energy. With more renewable energy, the need for a solid, smart and flexible power grid is the most important tool. eSmart system’s solution enables the power grid to handle more renewable energy, preventing it from becoming a bottleneck for transformation.
A revolutionary tool for critical infrastructure maintenance
eSmart Systems’ AI-powered solutions are positioned to address the challenges of future global energy systems. The software can handle large amounts of data, and with algorithms based on machine learning, the system is able to analyze operational situations and predict the remaining life of the individual components in the power grid, as well as find faults before it occurs or leads to outages in the grid.
This enables power suppliers to monitor the grid in real time and use the information to make quick, safe and reasonable decisions, which results in both economic and environmental benefits.
eSmart Systems has quickly become the preferred solution for utility companies that want to streamline and digitize the maintenance of the power grid. The company’s flagship product, Grid Vision, is now used by more than 35 utilities, mainly in the USA and Europe, and is the most used tool for inspecting power grids based on artificial intelligence.