Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into technologies advancing utilities. This time, you get to discover 5 hand-picked startups developing big data & analytics solutions.
Global Startup Heat Map highlights 5 Top Big Data Solutions Impacting Utilities out of 920
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 920 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 915 big data & analytics solutions, get in touch.
Click to download
Leakster offers Pipeline Condition Monitoring
Big data and analytics solutions are integral to create insights from and act on the data generated in the utility sector. Through these technologies, utility companies improve visibility into grid operations and enable predictive maintenance. To this end, startups develop bespoke analytics tools that are readily deployable in legacy infrastructure. This way, companies avoid disruption in daily utility services like planned power outages as well as reduce maintenance periods.
Leakster is an Australian startup that facilitates active condition monitoring of pipelines for water utilities. The startup’s patented ACTIVE sensor is fitted on a pipe to monitor pipe condition without the need to shut off the water supply. After acquiring data, the sensor sends it into the cloud where Leakster’s big data analytics software platform processes this data using artificial intelligence-based algorithms to identify leaks, pressure variations, blockages, and velocity. Together, the sensor and software allow water utility companies to make informed asset management and maintenance decisions.
SuperVision Earth advances Satellite-based Gas Pipeline Monitoring
Investments in the gas utility companies go into improvements in safety, incident management, and operations. Additionally, the market value of natural gas changes due to various factors such as production and storage volume as well as weather conditions. This invokes complex computations to analyze and predict natural gas fluidity. To address this, startups utilize big data and analytics to identify market opportunities and improve asset management. In addition to that, utilizing Big Data & analytics enables predictive maintenance, demand-side management (DSM), and consumer analytics.
SuperVision Earth is a German startup that works on satellite-based gas pipeline monitoring. The startup combines proprietary machine-learning algorithms and AI to analyze and recognize potential threats based on satellite images. Once the data is collected, the startup’s software warns gas pipeline monitoring staff through a web app for timely intervention. SuperVision Earth’s solution thus prevents pipeline incidents caused by third-party interference, landslides, and vegetation overgrowth.
Blue Orange provides Real-Time Energy Analytics
Automation and digitization are advancing fast among the energy utilities. To take advantage of this, utility companies use big data and analytics to derive valuable operational insights. For example, the technologies enable predictive analytics that further improve load balancing and demand prediction. Therefore, startups develop data analytics solutions tailored for energy utilities including smart meters to collect data on consumer energy consumption revealing how power usage varies over daily cycles.
US-based startup Blue Orange provides real-time analytics solutions for energy utilities. The startup combines data streams from various grid components, such as sensors and meters, to proactively manage grid activities. Additionally, it also offers predictive maintenance, demand forecasting, and anomaly detection using data analytics tools. Blue Orange further enables utility companies to reduce energy wastage, eliminate costs, and improve safety by optimizing their operations with predictive analytics and automation.
Fluid Robotics develops a Pipeline Analytics Platform
Water from dams and reservoirs goes into open canals and pipelines for agricultural and domestic purposes. Also, sewage and freshwater pipes travel together before reaching houses. However, most pipelines have cracks, which causes the sewage sludge to contaminate the fresh water. These leaks further pollute the groundwater and cause blockages in the sewer system. To tackle this issue, startups create sewage monitoring and sensing solutions that enable timely identification and prediction of blockages and leaks.
Indian startup Fluid Robotics develops a pipeline analytics platform for water and wastewater utilities. The startup uses its robotic system to map, inspect, and digitize pipeline data. Based on this data, the Fluid Robotics Pipeline Analytics software platform identifies structural defects, construction failures, leaks, and blockages. In effect, Fluid Robotics allows utility companies to speed up pipeline inspection and reduce water pollution caused by wastewater entering lakes and rivers.
Neuville Grid Data facilitates Grid Power Monitoring
Big data and analytics solutions add an information layer into conventional electricity transmission and distribution networks. With machine learning and other data analytics tools, power utilities convert grid data into actionable insights. Moreover, apart from the operational optimizations, smart grid data enables intrusion and islanding detection at a granular level. That is why energy utilities integrate data analytics solutions into legacy grid systems.
Neuville Grid Data is a UK-based startup that provides grid power monitoring solutions. The startup develops data-gathering hardware and data handling software for grid applications. It then combines data from micro-synchrophasors and power quality monitors, applying big data to extract valuable insights. Thanks to this, utilities are able to use high-resolution equipment condition monitoring to improve electricity networks.
Discover More Startups
Startups such as the examples highlighted in this report focus on electrification, connectivity as well as operational efficiency. While all of these technologies play a major role in advancing utilities, they only represent the tip of the iceberg. To explore more technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download one of our free Industry Innovation Reports to save your time and improve strategic decision-making.
