GE Digital Achieves #2 Position in Guidehouse Insights Leaderboard: AI Vendors for DER Integration
02 Dezembro 2021 - 1:00PM
Business Wire
- Breadth of portfolio, proven technology, staying power, and
geographic reach are contributors to leadership position in
Guidehouse AI for DER Integration Leaderboard
- GE Digital recognized as a leader with a holistic approach,
offering a substantial portfolio of AI solutions for DER
integration to accelerate renewable adoption
- Leadership score was influenced by an extensive portfolio of
new innovative AI focused grid analytics alongside predictive
capability extensions within established, proven grid management
and Renewables & DER Orchestration solutions
Guidehouse Insights released the results of its most recent
research report, AI Vendors for DER Integration. The analysis
recognizes GE Digital as a leader in the delivery of software to
manage Renewables and Distributed Energy Resource (DER) on the
electric grid so that utilities can address decarbonization and
increase reliability, safety, and stability.
The Guidehouse Insights Leaderboard report evaluates the
relative strengths and weaknesses of vendors active in any major
market segment. In this report, Guidehouse evaluated 14 vendors
that determined their overall position in their Leaderboard in
these four areas: Leaders, Contenders, Challengers, and Followers.
Leaders are vendors that scored 75 or above in both Strategy and
Execution. GE Digital received a 79.8 overall score, second in the
rankings.
GE Digital’s dual approach to analytics enables a utility to
utilize a data science platform to perform analytics or leverage a
portfolio of analytic capabilities. The analytics capabilities are
embedded within existing IT and OT systems or offered as
functional, application agnostic modules. GE Digital’s
microservices-based solutions, offer deployment flexibility, faster
time to value, and interoperability with existing legacy systems
and vendors.
The report highlights GE Digital’s broad analytics solutions
that enable faster, higher fidelity, data access and optimization
that is required to address the challenges posed by increasing DER
penetration on the grid. Leading-edge solutions leverage AI
capabilities including computer vision, natural language
processing, and machine learning (ML) for detection, prediction,
forecasting, optimization, and overall grid management. ML is
foundational to the GE Digital portfolio to optimize complex
actions that span grid use cases including asset inspections,
vegetation management, and storm preparedness.
“Advances in analytics capabilities and the influx in available
data have positioned AI as a successful and necessary tool for grid
management,” said Hannah Davis, Senior Research Analyst – AI and
Advanced Analytics, Guidehouse Insights, one of the authors of the
report. “The companies that are named leaders, like GE Digital,
have clearly differentiated themselves from the competition through
exceptional technology development, strong partner relationships, a
sustainable business model, and significant market traction.
Leaders are currently in the strongest position for long-term
success in the AI for DER integration market.”
Offering an analytics platform, analytic modules, and
DER-enabled ADMS, Energy Management Systems (EMS), Geospatial
Information Systems (GIS) and Market Management solutions
contributes to GE Digital’s Technology and Go-to-Market Strategy
scores. Focusing on grid analytics, it has extended its portfolio
to include advanced forecasting, EV charging optimization, and
integration of small-scale renewables. Having 40% of the world’s
electricity relying on GE Digital’s Grid software was a proof point
of GE’s domain knowledge and geographic reach.
“Advanced AI-based analytics are a key enabler to orchestrate
DERs and manage the pace of change, scale, and complexity,” said
Jim Walsh, GE Digital General Manager Grid Software. “We are proud
to be named a leader in this report that recognizes the importance
of our innovation investment in Renewables and DER Orchestration.
This is a strategic tenant for our business. We are fortunate to
partner with the most progressive utility and market operators
globally to meet the rapidly evolving needs of the electric grid of
the future.”
For more information on the report.
About GE Digital
GE Digital is transforming how industry solves its toughest
challenges. GE Digital’s mission is to bring simplicity, speed, and
scale to its customers’ digital transformation activities, with
software that helps them to better operate, analyze and optimize
their business processes. GE Digital’s product portfolio –
including grid optimization and analytics, asset and operations
performance management, and manufacturing operations and automation
– helps industrial companies in the utility, power generation, oil
& gas and manufacturing sectors put their industrial data to
work. For more information, visit www.ge.com/digital.
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version on businesswire.com: https://www.businesswire.com/news/home/20211202005606/en/
Media: Ellie Holman GE Digital ellie.holman@ge.com
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