|Industry||Renewable Energy Software|
Valhalla, New York,
|Chandu Visweswariah (CEO)|
Kevin Warren (COO)
Utopus Insights, launched in 2017 is a data-driven software company that develops energy analytics products for the renewable energy industry to optimize their financial interests and increase certainty from intermittent renewable sources. It is headquartered in New York, with development centers in Bengaluru and Budapest and a global sales presence.
Utopus Insights is an independent, wholly-owned subsidiary of Vestas, a leading Denmark based wind turbine manufacturer.
Utopus Insights spun out of IBM Research and the team involved with its Smarter Energy Research Institute in 2017. The team specializes in data science, digital analytics, power engineering, energy software development and meteorology/weather forecasting. Utopus Insights has over 100 patents to its credit.
Vestas acquired Utopus Insights for $100 million in 2018, to expand its service offering to its customers in the wind turbine data analytics space and to drive digital transformation.
Utopus Insights product portfolio offers broad digital analytics coverage: portfolio-wide visualization and performance monitoring and analytics; 5-minute to 14-day ahead power forecasting to optimize asset maintenance activities. The product leverages advanced data science machine learning and artificial intelligence to unlock insights from vast amounts of real-time asset data.
Platform and Products
ScipherTM - Secure and scalable energy analytics platform that processes vast amounts of renewable energy asset data
Scipher.Vx - Data visualization product for wind turbine and solar PV assets
Scipher.Vx+ - Advanced data analytics product for proactive renewable energy asset monitoring and insights
Scipher.Fx - Wind and solar PV power forecasting product
Chandu Visweswariah, Founding President and CEO
Magne Borgund, Chief Growth Officer
Kevin Warren, Chief Operating Officer
Christian Venderby, Executive Vice President, Service, Vestas and Chairman, Board of Directors, Utopus Insights
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