Innowatts

Innowatts is a leading energy software-as-a-service (SaaS) platform that leverages artificial intelligence and machine learning to provide actionable insights for energy providers. The company's platform integrates data from over 45 million meters, including distribution, renewable, storage, and EV assets, along with generation, price, weather, macroeconomic, demographic, and customer tariff information. This comprehensive data integration allows Innowatts to produce intelligent insights into energy networks and consumer behavior.

The Innowatts platform enables grid operators and energy retailers to make data-driven decisions and improve grid maintenance. Clients using the platform have reported a 40% increase in load forecasting accuracy and up to a 20% reduction in carbon footprint. The company's technology aims to help electricity providers unlock grid edge opportunities, increase customer value, and accelerate the energy transition. Innowatts' platform analyzes multiple data sets, providing users with a better understanding of their carbon footprint and intensity for each site.

In October 2022, Innowatts received the Frost & Sullivan 2022 North America Company of the Year Award for its innovative approach in the energy analytics industry. The company's AI-enabled SaaS platform delivers real-time, customer-centric energy analytics with high accuracy, helping power utilities and energy retailers become more predictive, proactive, and connected with their end consumers.

Key customers and partnerships

Innowatts has established a global presence with clients and operations across the Americas, Europe, and Asia. The company serves various energy providers, including grid operators and energy retailers. In a recent development, Innowatts announced a partnership with Therm to enhance retail energy solutions.