Siemens to Combine its Spectrum Power™ Software With Space-Time Insight’s Visual Analytics Applications for Better Insight Into Grid Asset Health and Reliability
San Mateo, Calif., September 6, 2016 – Siemens Digital Grid U.S. has entered into an agreement with Space-Time Insight, Inc. to offer its real-time visual analytics applications in North America. The partnership strengthens Siemens smart grid platforms, applications and services and provides utilities better insight into asset health and grid reliability, resulting in an unprecedented ability to predict and identify possible failures on their system.
As part of the agreement, the companies will integrate Space-Time Insight’s Asset Intelligence and other visual analytics applications for utilities with Siemens Spectrum Power platform. The data collected by the Siemens Spectrum Power SCADA platform will be analyzed and visualized in Space-Time Insight’s applications, improving utility operations and planning by giving engineers detailed insight into possible asset failures, including susceptibility to weather conditions. Also, utilities will now be able to model asset health and potential failures, avoiding outages and improving resiliency for customers.
“Joining Space-Time Insight’s visual analytics with our advanced SCADA platform makes information even more valuable and actionable for a utility,” said Mike Carlson, president of Siemens Digital Grid. “Utilities must be able to rely on predictive, intelligent analytics to deliver reliable power to their customers and we’re pleased this new partnership between Siemens and Space-Time Insight will help utilities thrive in the evolving digital energy landscape.”
“Siemens captures a wealth of data through their advanced SCADA systems,” said Rob Schilling, CEO of Space-Time Insight. “Our visual analytics applications put that data in context, enabling utilities to make fast, confident decisions that improve reliability and facilitate the delivery of unparalleled service to their customers.”
Siemens Digital Grid partners with leading utilities worldwide to provide expertise and innovative technologies. In North America, Digital Grid has worked with more than 1,000 leading utilities to deliver proven solutions and services that improve operational efficiencies, enhance reliability and resiliency, and empower consumers to better manage their energy use.
About Space-Time Insight
Space-Time Insight liberates companies in asset-intensive industries from a fragmented view of the big picture, providing the context and clarity they need to make fast, confident decisions. Using spatial, temporal and nodal analysis, our IoT-ready real-time visual analytics applications illuminate the what, where, when, why and how of every asset and situation. Space-Time Insight’s award-winning situational intelligence software powers mission-critical systems for some of the largest companies around the world, including eight of the twenty largest US utilities. We partner with leaders in the industry including Accenture, Esri, IBM, NEC, OSIsoft, SAP, Siemens and Unicorn Systems. Space-Time Insight is privately held and based in San Mateo, CA. Space-Time Insight is a registered trademark of Space-Time Insight Inc
About Siemens Corporation
Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. With approximately 348,000 employees in more than 190 countries, Siemens reported worldwide revenue of $86.2 billion in fiscal 2015. Siemens in the USA reported revenue of $22.4 billion, including $5.5 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico.
Contact for Space-Time Insight
Blanc & Otus
Contact for Siemens Corporation