Situational intelligence solutions provider Space-Time Insight and NEC Corporation have announced they are to partner for the smart energy market. The two companies have concluded a preferred sales contract covering Japan and the Asia-Pacific (APAC) region for the sale of several of Space-Time Insight’s real-time visual analytics applications. These have already been successfully deployed to major utilities in North America and elsewhere around the globe.
NEC is planning to focus its sales efforts on demand response, small grids (microgrids) and advanced metering infrastructure (AMI) while Space-Time Insight’s software applications will help businesses to make faster, more informed decisions by correlating, analyzing and visualizing large volumes of business, operational and external data, spatially, over time and across nodes in a network.
Renewable energy, energy storage and smart meter initiatives are being driven by the need for more reliable and efficient electricity systems. With these systems continually generating vast quantities of data, there is an urgent need to quickly and accurately retrieve, analyze and take action on the data and derive greater operational insight.
The partnership will enable NEC to combine its energy storage systems (ESS) and information and communication technology (ICT) solutions with Space-Time Insight’s real-time visual analytics applications to provide electricity operators and local governments with a comprehensive view of the health and performance of storage batteries installed in different locations. In addition, the new applications enable the monitoring of solar, wind and other power-generation output, historical power generation trends, the operational status of individual smart meters, communications and health information, and other information that contributes to improving the stability and efficiency of power networks.
“To expand our product offerings, NEC required world-class visual analytics software that could handle big data and operate under real-time conditions” said Takemitsu Kunio, Senior Vice President of NEC Corporation. “Only Space-Time Insight, with a proven track record of successful deployments at major utilities globally, offered the breadth and depth of situational intelligence applications we needed.”
Rob Schilling, CEO of Space-Time Insight added that NEC’s decision to partner with the company underscored the maturity of Space-Time Insight’s applications and situational intelligence vision for the market.
NEC Corporation specialises in the integration of IT and network technologies that benefit businesses and people around the world. It provides a combination of products and solutions that cross utilise the company’s experience and global resources. Space-Time Insight provides software to some of the largest companies around the world including Accenture, Esri, IBM, NEC, OSIsoft, SAP, Siemens and Unicorn Systems. The company is privately held and is based in San Mateo, California.
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