Innowatts, a Houston-based energy technology start-up, was founded in 2013 with the goal of creating the world’s first scalable e-Utility. The PowerEASE platform from Innowatts analyses energy usage data as well as other characteristics to help energy suppliers (a) save costs by up to 30% and (b) provide individualised energy products and services for their end-customers. The Innowatts technology is presently in use in a number of energy markets, processing data from more than 12 million energy metres.
The SaaS platform from Innowatts revolutionises how energy providers understand and service their clients. It employs artificial intelligence (AI) and data from more than 45 million worldwide metres to assist energy retailers, utilities, and grid operators in unlocking meter-level data, better understanding their consumers, and automating and smartening business operations. What’s the end result? A more dependable grid, a more lucrative position, improved consumer experiences, and a more sustainable energy future are all possible outcomes.
Innowatts’ AI-powered platform has learnt from millions of metres all around the world, delivering actionable and magnified business insights and information while improving business processes. This empowers you to make better decisions quicker, engage with – and keep – your consumers, forecast more accurately, manage risk, and boost your bottom line.
What makes Innowatts Unique
Innowatts is a pioneer in AI data analytics, serving power utilities and merchants all over the world. The company’s SaaS platform gives businesses the data they need to be more predictive, proactive, and connected with their customers and ratepayers, allowing them to better manage risk, increase profitability, maintain grid dependability, and identify sustainability trends.
- Geodiversity & Meter Count
The platform gives businesses the data they need to be more predictive, proactive, and connected to their customers and ratepayers, allowing them to better manage risk, increase profitability, maintain grid reliability, and foresee sustainability trends. Its models are developed using a variety of metre data from across the world, giving the platform a breadth of experience and expertise that in-house, market-centric solutions can’t match.
- Energy Transition Leadership
Renewable energy isn’t simply a pipe dream. The green energy transformation is already underway, and wise businesses will see the benefit of being able to lead rather than react. You’ll have all you need to meet sustainability goals without losing profitability or grid dependability thanks to data-driven business insight from its solution. You can better match demand to renewable supply by influencing customer behaviour.
- A Vibrant Culture
Innowatts is a data analytics firm, and the data shows that the company is rapidly expanding. It’s a dynamic, culturally diverse environment that’s spending heavily to preserve its technical leadership—with the brightest scientists and engineers, the most inquisitive problem solvers, and the most committed individuals.
Leadership
Innowatts’ Founder and Chief Executive Officer is Siddhartha Sachdeva. Sid was the Senior Director of Innovation and Technology at NRG Energy before launching the startup in 2013. Sid has roughly 20 years of retail energy and power industry expertise. Siddhartha is on the Board of Directors of Innowatts and manages the company’s overall strategy and growth. Sid holds a master’s degree in business economics and a bachelor’s degree in electrical engineering.
Siddhartha is establishing an office and team in India to help with the development and operations of the world’s first predictive analytics-enabled energy technology platform. He is also in charge of People Management, which includes hiring, growth, engagement, and retention, as well as Software Development, which includes both B2B and D2C platforms. For enterprises, there’s also a Scaled Agile Framework (SAFe). Rapid 7, Fortinet, Accudata, Google, Atlassian, AWS, Slack, Imply, Nexus are among the vendors he manages.
Client Operations – Establish an operations desk to service energy clients in North America, Europe, Japan, India, and Australia are among Siddhartha’s other tasks. Multidisciplinary services such as energy trading, demand forecasting, pricing, customer service, DER management, data science, product management, energy efficiency, and renewable energy generation are all supported.
