Infiswift acquires energy analytics firm SRL
November 9, 2016
Enterprise IoT specialist Infiswift has acquired electricity power systems data analytics specialist Smart Resources Labs (SRL). Infiswift says the acquisition rounds out its end-to-end IoT platform solution by accelerating development of key analytics and visualisation capabilities that make collected data truly actionable.
"Infiswift has invested in building a very powerful IoT platform that, coupled with SRL's experience in building highly effective visualisation and analytics tools, allows us to provide a unique, full-service solution," said Kannan Dorairaj, CEO at infiswift. "It is critical to go beyond seamless connectivity and real-time data to obtain true insight that can be a catalyst for action, and SRL will help us do just that."
SRL's expertise lies in transforming masses of technical data into insight for customers who are focused on electrical submetering, standards-based solar photo-voltaic performance reporting and electrical system characterisation. The tools and approach developed by SRL to enable this transformation will be integrated into infiswift's cost-effective, intuitive and scalable IoT platform, which enables users to connect devices, route and manage data and build applications to manage processes and operations. Together, the technologies complement each other to enhance IoT solutions in energy, agriculture, smart cities and other applications.
"The value we can now provide customers is unmatched," said Arup Barat, Chief Commercial Officer at infiswift. "Backed by the power of SRL's analytics engine, we can gather data from any source in real-time and simplify it into more digestible analytics. We now have the tools to understand what needs closer inspection and advise owners, operators, engineers, financiers and other stakeholders on how to take action and make more informed decisions."
AJ Rossman, Director of SRL, will join infiswift as Senior Director of Performance Solutions and lead infiswift's East Coast office in Burlington, VT. As a pioneer in solar data management and performance monitoring, Rossman brings over a decade of experience making sense of enterprise data to drive more efficient operations.
"The capabilities of these technologies together are far greater than the sum of their parts," said Rossman. "Infiswift's customers can truly experience the promise of IoT and have the insights necessary to reduce costs, improve customer satisfaction and enable new services."