San Mateo, CA – Situational intelligence solutions developer Space-Time Insight and the NEC Corporation have announced the formation of a partnership for the “smart, renewable energy market.
Under the partnership, NEC has concluded a preferred sales contract covering Japan and the Asia-Pacific (APAC) region with Space-Time Insight for the sale of several of the company’s real-time visual analytics applications.
Japan-based NEC plans to focus its sales efforts on demand response, small grids (microgrids) and advanced metering infrastructure (AMI).
Space-Time Insight’s software applications help businesses make faster more-informed decisions by correlating, analyzing and visualizing large volumes of business, operational and external data, spatially, over time and across nodes in a network.
Renewable energy, energy storage and smart meter initiatives are being driven by the need for more reliable and efficient electricity systems. With these systems continually generating vast quantities of data, there is an urgent need to quickly and accurately retrieve, analyze and take action on the data and derive greater operational insight.
This partnership enables NEC to combine its energy storage systems (ESS) and information and communication technology (ICT) solutions with Space-Time Insight’s real-time visual analytics applications to provide electricity operators and local governments with a comprehensive view of the health and performance of storage batteries installed in different locations.
In addition, the new applications “enable the monitoring of solar, wind and other power-generation output, historical power generation trends, the operational status of individual smart meters, communications and health information, and other information that contributes to improving the stability and efficiency of power networks.”