Israel-based mPrest, a global provider of mission-critical monitoring, big data analytics and control software for the Industrial Internet of Things (IIoT), has significantly expanded its presence in the North American utility market, where it is helping electric utilities incorporate grid analytics and distributed energy resources (DERs) into their grid and business models, according to a recent announcement. mPrest applications are designed to assist utilities in reducing power outages, improving service to their customers, offering integrated management of greener energy resources and reducing overall cost of energy within their networks.
In addition to a recent Asset Health Management production contract expansion with New York Power Authority, mPrest is collaborating with multiple utilities in the United States on implementing DERMS, Grid Analytics and Smart Grid Management. mPrest’s Intelligent Grid Management System of Systems integrates with existing IIoT systems to provide a view of DERs, DR platforms and legacy assets and platforms, which allows for management of millions of DERs.
“A growing number of utilities are embracing distributed energy and its potential benefits, including greater grid resilience, lower operating and customer costs, wider autonomy to consumers and new business models,” said Natan Barak, CEO, mPrest. “mPrest’s software empowers utilities in North America and around the world to remove hurdles and become leaders in, rather than obstacles to, building and managing the distributed energy networks of the future.”
Utilities are facing the challenge of managing many distributed energy resources, with energy flows in multiple directions. Each DER platform may have their own monitoring system and integrating these inputs and analysis with other OT or IT systems such as GIS, SCADA, BI, state estimators and others is often done in a manual fashion. The result is a vastly complex network and siloed monitoring and control systems.
Unification of these processes into an intelligent IIoT System of Systems is a critically important move for these companies.
Ken Briodagh is a writer and editor with more than a decade of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.
Edited by Ken Briodagh