Space-Time Insight pinpoints utility data geographically
Space-Time Insight (STI), maker of software that lets utilities and other infrastructure companies pinpoint data abnormalities on satellite maps, announced that it just brought in an undisclosed first round of funding to further develop its technology. Working primarily with electric-power utilities, the Fremont, Calif.-based company says its system can monitor the status of renewable energy, oil, gas and chemical plants - geographically pinpointing problems or anomalies like floods, fires, earthquakes and extreme weather.
Most infrastructure companies receive multiple streams of data from sensors and control centers that are not easily parsed and visualized. STI says it provides location-based status updates in real-time, rendered on 3-D satellite images, allowing its clients to take faster and more specific action in response to problems that arise. For example, the system could alert users to the origin of power outages and recommend strategies for fixing glitches quickly. In the alternative energy arena, it could forecast wind conditions and prescribe actions to prevent possible power fluctuations. STI also makes a software package to monitor smart grids (a concept that has taken off in the past year), measuring energy usage on regional or single-residence levels.
