Mumbai-based IT services provider Cyient said it has signed an agreement to incorporate machine learning meter and voltage signature technology from US-based startup Elpis in its solutions for power utilities.
“Through this agreement, Cyient and Elpis will jointly pursue utility business opportunities, by leveraging their complementing solutions and technology respectively.
“The partnership will combine Cyient’s data governance management solution—Intelligent Data Management Solution (iDMS)—with Elpis’ innovative RE Grid platform to enhance the role of data in supporting electric utilities’ Advanced Distribution Management System (ADMS) and Asset Management programs,” the Indian company said.
Cyient, formerly known as Infotech Enterprises, is a mid-sized IT player in India specializing in engineering, manufacturing, geospatial, network and operations management.
The move comes at a time when utilities are deploying Advanced Metering Infrastructure (AMI) enabling large-scale data validation using machine-learning and analytics.
Utilities generate a huge amount of data from their sensors and meters placed all over their networks. The data can be used to gauge the health of the network and predict failure before they occur.
“The integration of iDMS and RE Grid, along with its load flow analysis, state estimation, and fault management intellectual property, will benefit utilities by protecting their advanced grid investments through data governance, validation, and incorporation of machine-learning algorithms that consume voltage signals to make better decisions about their network,” Cyient said.
The move to leverage the technology from the startup is yet another example of a legacy player like Cyient — with its extensive network of clients — tying up with a start-up for offering the latest in digital technology.
Under the terms of the agreement, Cyient will integrate iDMS with exclusive license rights to resell the Elpis’ RE Grid platform to utility clients globally.
On signing the agreement, Bryan Wright, CEO, Elpis Squared said, “Our pairing of technologies will greatly impact how utilities manage their infrastructure, enabling Re|Grid to serve a myriad of business solutions across the utility operational footprint.”