NEWPORT BEACH, CA -- (Marketwired) -- 10/24/14 -- Space-Time Insight, the market-leading provider of situational intelligence solutions, congratulates Hydro One Networks Inc. for winning the Utility Analytics Institute's 2014 Innovation Award in the Grid Analytics division. Now in their third year, the highly-regarded Innovation Awards honor the industry's most outstanding innovations in the field of analytics. The Utility Analytics Institute received a record number of nominations this year, acknowledging the awards' prestige and enhancing the recognition of winning alongside such other notable accomplishments. Hydro one received their award at the Utility Analytics Week conference today in Newport Beach, CA.
Hydro One is the largest electricity transmission and distribution company in Ontario, Canada, serving 1.3 million customers through 287 transmission stations. Hydro One's implementation of Space-Time Insight's Asset Intelligence solution includes the visualization and analysis of 4.5 million transmission and distribution assets, helping the company reduce the risk of asset failure and lower the cost of managing their asset fleet.
"Hydro One is excited to receive such recognition for the implementation of our asset analytics application," said Bruno Jesus, Manager, Transmission Capital Planning at Hydro One. "The software has delivered measurable results for our business and that is the true test of any innovation."
"The implementation of visual analytics, and predictive analytics in particular, in Hydro One's asset analytics application has raised the bar for the industry," said Mike Smith, Vice President of the Utility Analytics Institute. "We commend Hydro One for their impressive accomplishments and congratulate them on winning an Innovation Award."
Hydro One was also awarded Space-Time Insight's Innovation in Visual Analytics award at SI World 2014, Space-Time Insight's annual customer conference. SI World 2014 was also held in Newport Beach, CA immediately preceding Utility Analytics Week.
About Space-Time Insight
Space-Time Insight helps companies in asset-intensive industries make faster, more-informed decisions. Our real-time visual analytics applications correlate, analyze, and visualize large volumes of business, operational and external data, spatially, over time and across network nodes. Space-Time Insight's award-winning software powers mission-critical systems for some of the largest companies around the world, helping them reliably, efficiently and economically deliver services and rapidly plan for and respond to a full range of operating events. Space-Time Insight partners with leaders in the industry including Accenture, Esri, IBM, NEC, OSIsoft, SAP, Siemens and Unicorn Systems. Space-Time Insight is privately held and based in San Mateo, CA.
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