Bidgely Expands AI Energy Solutions with Grid4C Acquisition
Bidgely has acquired Grid4C, a leader in AI predictive analytics for the energy sector, to bolster its AI-driven energy analytics solutions. This acquisition, announced in a press release, aims to enhance Bidgely's UtilityAI Platform, which focuses on grid-side management and consumer engagement.
Grid4C's technology, known for its fault detection and diagnostics capabilities, will be integrated into Bidgely's platform. This integration will enable utilities to offer appliance maintenance programs and provide consumers with insights to prevent costly repairs. Additionally, Grid4C's load and distributed energy resources (DER) forecasting will help customers manage energy costs more effectively.
The acquisition marks Bidgely's first strategic move into inorganic growth, complementing its existing AI capabilities with Grid4C's patented solutions. This move is expected to deliver significant innovation and value to the energy sector, enhancing both customer experience and grid efficiency.
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