Utopus Insights Advances Digital Leadership with Launch of Renewable Energy IoT Analytics Products

BILBAO, SPAIN
– April 2, 2019 –

Utopus Insights,
a New York-based energy analytics software
company announced the commercial launch of its energy analytics platform and
application suite, Scipher™, today at WindEurope 2019.

“This
launch furthers our effort to provide the digital intelligence necessary for a
sustainable energy future. Today, we are announcing advanced digital products
for the renewable energy industry at a time when it’s ever more critical to
show its ability to deliver predictable and reliable power,” said Chandu
Visweswariah, Founding President and CEO of Utopus Insights.

Renewable energy asset owners,
producers, operators, OEMs, and utilities can use the Scipher suite of products
to monitor asset performance in real time, preempt critical component failure
for proactive maintenance operations and planning, and to more accurately
predict renewable generation.

The power of Scipher™ –
Using science to decipher data and unlock
value.

Scipher, a powerful, mature, scalable
and secure energy analytics platform, currently ingests data from 32,000+ turbines, 65 GW of assets, curating 2.4
TB and 55 billion signals daily.

The Scipher software products suite is
descriptive (historic data and real-time visualization), predictive (energy and
weather forecasting), and prescriptive (asset health information for optimal
maintenance and uptime).

Scipher.Vx™,
for real-time asset visualization:
Leverage the power of live and historical data from wind turbine assets with
immediate access to a customized view of operational metrics and asset
performance. Users can monitor operations, analyze performance data, view
summary or in-depth reports, record and respond to events and anomalies, and
review operations.

Scipher.Fx™,
a wind and solar forecasting
product
based on proprietary hyperlocal weather forecasting and machine learning: Utopus
Insights’ propriety machine learning engine uses proprietary weather forecast
and nowcast information to help operators increase revenue through better
predictions.

Scipher.Rx™
, a prescriptive
analytics product for
proactive maintenance of wind assets. Diagnose and manage system health: A
critical component of reliability, Scipher.Rx leverages data patterns to provide
early warnings of component failures, enabling farm owners to optimize asset maintenance
and performance.

The Scipher suite of products is
scalable across multiple domains in the electricity value chain for generation
asset de-risking, system operations, power trading, and transmission and
distribution coordination. They enable stakeholders to lower costs and extract
additional, untapped revenue.

“Our
products will allow customers to get
access to real-time information directly from the assets anytime, anywhere. In
addition, our products provide accurate forecasts and reliable prediction of
failures by leveraging our AI/ML models,” said Balki Iyer, Co-Founder and Chief Growth Officer at Utopus
Insights. “All
this enables our customers to make timely, better-informed, and smarter
operations decisions that help improve profitability from their renewable
plants.”

These products are available with immediate effect.

Utopus Insights will be at WindEurope 2019 in Bilbao,
Spain this week. To learn more about our products, or to schedule briefings and
demonstrations at or after the event, connect with us at growth@utopusinsights.com.

About Utopus Insights

Utopus Insights is a data-driven
energy analytics Software as a Service (SaaS) company that develops digital
solutions to accelerate the integration of renewable energy into the modern
grid.

Our ‘digital intelligence’ leverages
the power of advanced data science including machine learning and artificial
intelligence to unlock insights from vast amounts of IoT data such as sensor,
smart meter and weather data. The resulting insights help renewable energy
asset owners, operators, and utilities to improve predictability, reliability,
and ultimately return on investment. System-wide, this allows far greater
reliance on intermittent renewable energy sources without sacrificing
reliability.

To learn more, visit www.utopusinsights.com
and follow us on LinkedIn
, Instagram
and Twitter.


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