ABB invests in GridBeyond 22 April 2024
ABB has invested in Ireland-based technology provider GridBeyond in a move that will expand its sustainability advisory services portfolio.
GridBeyond provides energy management solutions based on artificial intelligence (AI) and data science that helps customers optimise distributed energy resources and industrial loads.
GridBeyond works with more than 900 clients across four continents to deliver technological solutions to the world’s energy challenges. Through its AI platform, GridBeyond enables its customers to control the energy consumption profiles of their assets, allowing them to optimise production processes and increase resilience by predicting and preventing system failures.
Stuart Thompson, president at ABB Electrification Service, said: “We are helping to transform the way industries generate, distribute and consume energy. We greatly look forward to working with GridBeyond’s team of experts to help drive their next phase of growth.”
Ben Spencer
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