It’s gratifying to be recognized for all the hard work and innovation that’s gone into our suite of solutions and we are excited to be an active participant in the momentum behind the big data market.”
San Mateo, CA (PRWEB) April 16, 2013
Space‐Time Insight, the leading provider of next‐generation situational intelligence solutions, has been named to three prestigious “Vendor to Watch” lists in the first quarter of 2013, each focused on companies developing innovative technologies for smart grids and the energy sector. The recognition from technology news site GigaOm, the power industry’s Smart Grid News and the green tech market analyst firm GTM Research comes after a period of brisk growth and innovation for Space-Time Insight, including 150 percent year-over-year bottom line growth over the last few years, $14 million in new funding, and the recent addition of Southern California Edison and Hydro One Networks to the company’s expanding list of utility industry customers.
- In January, GigaOM named Space-Time Insight one of 13 energy data startups to watch in 2013, calling out “analytics that can collect and analyze energy data” as a “hot trend.”
- Smart Grid News highlighted Space-Time Insight in its 13 Smart Grid Companies to Watch round up in February, a list that was chosen by the publication’s readership with more than 12,000 votes cast. Space-Time Insight was also featured in the publication’s 2012 companies-to-watch list.
- GTM Research–the market analysis arm of Greentech Media, a clean tech news publisher– awarded Space-Time Insight a place on its 2013 Top 10 Smart Grid Vendors to Watch this March, in recognition of “the vendors that have the most potential across the smart grid value chain in the coming year.” Space-Time Insight joins industry heavyweights such as Accenture, EMC, Honeywell, and Toshiba on the list.
“As smart grid adoption spreads globally, GTM Research is focused on analyzing the trends, challenges, opportunities and technologies that are transforming how power is being generated, distributed and consumed,” said David Groarke, Senior Analyst at GTM Research. “The vendors on our Top 10 to Watch list are distinguished by the innovation and sophistication of their solutions, as well as the alignment of their offerings with the needs of the evolving smart grid market.”
In addition to the recognition it has received in the smart grid arena, Space-Time Insight has also been highlighted in an Information Management profile of 10 Big Data Companies You Might Not Know, and CIO Magazine included two Space-Time Insight customers in its list of 10 Real-World Big Data Deployments That Will Change Our Lives.
“Everyone at Space-Time Insight is passionate about the role that situational intelligence is playing in giving companies unique insights into real-time big data—especially as an increasing number of smart grid initiatives are launched,” said Rob Schilling, CEO of Space-Time Insight. “It’s gratifying to be recognized for all the hard work and innovation that’s gone into our suite of solutions and we are excited to be an active participant in the momentum behind the big data market.”
In addition to revenue and customer expansion, Space-Time Insight has increased headcount by more than 250 percent since 2010 and recently moved to larger headquarters in San Mateo, Calif. These added resources support Space-Time Insight product initiatives in the utilities, oil and gas, transportation, and other asset-intensive industries.
About Space-Time Insight
Space-Time Insight transforms vast quantities of disparate information into intuitive visual displays that businesses can use to make informed real-time decisions. From traditional transmission, communications and transportation networks to Smart Grids and Cities, our next-generation situational intelligence solution is making critical infrastructure smarter, safer and more reliable. With Space-Time Insight, enterprises can visualize and analyze their resources across location and time, rapidly respond to disruptions in service, and lower risk while increasing customer satisfaction and profitability. Major organizations around the world rely on our high performance software to gain actionable insights into their businesses and make real-time operational decisions. Space-Time Insight’s partners include Accenture, EMC, Esri, Google, IBM, OSIsoft, SAP and UST Global. Space-Time Insight is privately held and based in San Mateo, Calif. For more information, visit http://www.spacetimeinsight.com.
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