Gridspertise and Qualcomm announce a collaboration to transform the electric grid, unleashing a new era of smart utilities

The two companies set out to explore opportunities on electricity distribution assets monitoring and grid digitalization for global utilities.

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A few months after Enlit, where we launched the QEd – Quantum Edge® device, which leverages on Qualcomm Technologies’ innovative IoT solutions, we announced a further collaboration with Qualcomm to accelerate the digital transformation of power grids, targeting the needs of the US electric utilities market in particular.

We signed a memorandum of understanding with Qualcomm Technologies to explore opportunities for new solutions to help electric utilities manage the increasing complexity of the grid. The agreement provides a framework that could lead to the creation of new solutions for energy asset monitoring and advanced applications for grid management based on the QEd – Quantum Edge® device.

The aim is to foster technological innovation, improving quality of service, health and safety compliance and to enable the transition to a low-carbon economy through reliable electrification.

The collaboration could help electric utilities address the prominent challenges experienced across the entire industry, due to accelerated decarbonization, electrification and climate change. Qualcomm Technologies will bring the technology and know-how to develop innovative and leading-edge solutions for cellular connectivity, edge computing, and security from chipsets to cloud.

We will leverage on many years of Enel’s operational know-how bringing expertise in electronic design and solutions development, industrialization, and first-hand experience in running advanced grids in various countries. Moreover, we will provide specific data analytics models for grid operations, predictive maintenance, design of in-platform software solutions, early alerting services based on AI algorithms, as well as a unique environment for grid and data access on large scale field-testing.

Our company will market the smart grid solutions and services born from this collaboration worldwide, to utilities and energy service providers that are looking for scalable solutions that can be easily deployed with efficient return on investment. Reaping the benefits of digital power grids opens up the opportunity to monitor grid assets remotely, with an enhanced visibility and availability of real-time data to perform asset management and maintenance. With this transformative evolution, electric utilities are empowered to take action faster and more strategically than ever before, reducing equipment failures, avoiding unplanned outages and much more. Ultimately, a smart connected grid can deliver higher resiliency and quality of service to customers, while improving efficiency for the operator and making accessible clean energy a reality.

Strategic partnerships, such as the one with Qualcomm Technologies, enable us to promote a leap forward in network infrastructure digitalization for utilities all around the world, combining the most advanced technologies designed by Gridspertise with those developed by its ecosystem of partners,” said Robert Denda, CEO of Gridspertise.

“Qualcomm Technologies is excited to collaborate with Gridspertise to unleash the next generation of utilities. As Qualcomm Technologies diversifies with new opportunities powering the connected intelligent edge, Gridspertise is one of the strategic partners we will collaborate with across IoT to continue to build a transformative ecosystem that addresses non-linear changes now and in the future,” commented Jeffery Torrance, Senior vice president, product management, Connected Smart Systems, Qualcomm Technologies, Inc.

Download the full press release here.

Read the interview with our CEO Robert Denda.

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