Space Time Insight named Cool Vendor for Energy and Utilities by analysts

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Fremont, Calif., April 16, 2010 — Space-Time Insight, a provider of geospatial visual analytics linked to real-time operations, was included as a “Cool Vendor” in the Cool Vendors in Energy and Utilities, 2010 report by Gartner, Inc.

In the report, Gartner Vice President and Fellow Kristian Steenstrup writes that “The energy and utility market sector is leveraging technology to improve operational efficiency while addressing energy sustainability issues” adding, “Utility organizations need to concatenate multiple sources of information to create the situational awareness that is required to deal with a host of increasingly complex decision-making processes.”

Space-Time Insight’s software integrates real-time data from devices and sensors with enterprise data and web feeds for high performance correlation, analysis and visualization.

The resulting situational intelligence enables more informed business decisions and timely prevention or mitigation of operational concerns directly from a satellite view of the location of an event.

Steenstrup said, “By taking this a step further and focusing on the essential needs of utilities (such as a geospatial relationship between events and assets, and tying observations and triggers to awareness tools and remediation tools), a more complete cycle from detection to decision to action can be delivered.” He added, “However, this is just a starting point, so a vertically focused composite framework and application can give much more immediate returns on investment.”

For the energy and utilities industry, Space-Time Insight offers several geospatial analytics composite applications. These include the Space-Time Asset Composite, as well as Space-Time Insight’s Renewables Integration Composite, Crisis Composite, Field Service Composite, Demand Response Composite, Dynamic Pricing Composite, and Energy Market Composite. Space-Time Insight has also simplified and automated ARRA and SGIG reporting for stimulus grant awardees.

“We believe inclusion in Gartner’s Cool Vendor report is important recognition of our contribution to operational effectiveness, improved reliability, reduced risk, and increased sustainability,” said Mark L. Feldman, PhD and CEO, Space-Time Insight. “We continue to innovate and deepen our relationships with key partners, so we can drive more value for our customers.”

Space-Time Insight’s Space-Time Awareness Server and composite applications correlate, analyze, and geospatially visualize multi-source streaming sensor, enterprise, and web feed data, delivering real-time, geospatial-temporal analytics intuitively displayed on interactive satellite imagery for informed decisions and fast action.

The Space-Time Awareness Server offers geospatial solutions for critical infrastructure sectors, ranging from energy & utilities to oil & gas, transportation, pharmaceuticals and telecommunications. These applications include asset, crisis and field service composites, as well as Smart Grid composites that incorporate demand response, dynamic pricing and renewables integration. Automated ARRA SGIG reporting simplifies compliance for stimulus grantees.

Customers include San Diego Gas and Electric, Florida Power and Light, California ISO, and Entergy. Space-Time Insight is headquartered in Fremont, California. The company has regional headquarters in Hong Kong and India.

Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.

 

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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