Company Recognized for Technology Innovation and Financial Impact
San Mateo, CA, October 2, 2013 – Space-Time Insight, the leading provider of next-generation situational intelligence solutions, announced today that it has been recognized by this year’s Fierce Innovation Awards: Energy Edition, a unique industry awards program powered by the publishers of FierceEnergy and FierceSmartGrid. Space-Time Insight received top honors in the “Data Analytics” category.
Winners were selected by an exclusive panel of judges including Robert Hance, President & CEO, Midwest Energy Cooperative; Ted Reguly, Director of Customer Programs & Projects, San Diego Gas & Electric; and Cheri Warren, Vice President, Asset Management, National Grid.
Judges evaluated submissions based on technology innovation, financial impact, market validation, ability to integrate into existing power infrastructures, and end-user customer experience.
Space-Time Insight was recognized for its industry-leading and innovative products, SI Server and SI Designer.
Rob Schilling, CEO of Space-Time Insight commented on this new award: “Space-Time Insight has previously won a number of awards but this one is especially important to us as it was voted on by utilities executives. We thank the judging panel and FierceEnergy for this recognition and are proud to continue delivering situational intelligence solutions that improves reliability of the grid and the delivery of high-quality service to utility customers.”
Space-Time Insight’s real-time visual analytics software is used by utilities across the globe to maximize smart grid investments, improve asset reliability, and anticipate and respond more quickly to storms and disaster situations. A serious storm with major outages is expensive. For example, a utility with 1,200,000 customers and 288,000 affected customers can spend on average $48 per day per affected customer. A 10-day outage would cost that utility as much as $138,240,000, a cost frequently passed onto consumers. Space-Time Insight helps utilities reduce the duration of outages through actionable insight into the location and performance of assets and resources, and the environmental conditions such as weather, fires, and vegetation that impact those assets.
Jason Nelson, Publisher of FierceEnergy and FierceSmartGrid says, “Our awards program is a celebration of the work that innovative companies are doing to develop the technologies that will propel the power industry into the future. We were thrilled to offer the companies developing these products an unparalleled opportunity to have their services reviewed by utility industry decision-makers.”
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About Space-Time Insight
Space-Time Insight transforms vast quantities of disparate information into intuitive visual displays that businesses can use to make informed real-time decisions. From traditional transmission, communications and transportation networks to Smart Grids and Cities, our next-generation situational intelligence solution is making critical infrastructure smarter, safer and more reliable. With Space-Time Insight, enterprises can visualize and analyze their resources across location and time, rapidly respond to disruptions in service, and lower risk while increasing customer satisfaction and profitability. Major organizations around the world rely on our high performance software to gain actionable insights into their businesses and make real-time operational decisions. Space-Time Insight partners with leaders in the industry including Accenture, EMC, Esri, IBM, OSIsoft, and SAP. Space-Time Insight is privately held and based in San Mateo, CA. For more information, visit here.
Space-Time Insight is a registered trademark of Space-Time Insight. All rights reserved.