Xcel, EDM and eSmart Systems announce a new strategic initiative
By Nikita Chaurasia  Date: 2020-01-31

Xcel, EDM and eSmart Systems announce a new strategic initiative

Xcel Energy, a renowned US-based electric services company, EDM International, a renowned electric utility industry player, and eSmart Systems, a company that develops software solutions for the energy industry, together announced the first phase of their strategic initiative to rollout AI-based Collaborative Intelligence for approximately 3,300 miles of transmission lines of Xcel.

The initiative looks to drastically enhance inspection processes with the aim of reducing operational costs, enhancing asset information, decreasing failure rates, and expanding asset life.

This Collaborative Intelligence approach would allow Xcel to integrate eSmart’s AI-based analytics with its existing business processes, which would further help analyze imagery information of transmission assets gathered by Xcel’s UAS (Unmanned Aircraft Systems) and manned helicopters and which is validated by subject matter experts of EDM.

This further helps identify defects, prioritize transmission line operations, as well as update asset data over Xcel’s asset management systems.

This approach reliably and efficiently integrates the human intelligence of T&D subject matter experts by EDM with eSmart Systems’ AI-based analytics in order to analyze aerial pictures clicked by UAS and manned helicopters.

CEO and founder of eSmart Systems, Knut H. H. Johansen stated that the company is thrilled to collaborate with EDM and bring its Collaborative Intelligence approach to help Xcel Energy utilize UAS data gathered by Phoenix Air Unmanned.

Johansen further added that the company sees this project as supporting utilities to practically fill the gap in transition due to today’s largely manual procedures to the world that uses digital technology like AI and UAS pictures for asset management and grid inspection.

President of North America Operations at eSmart Systems, Steve Hambric stated that under this collaboration, the company would significantly enhance the safety, speed, cost and accuracy of power grid inspections and further deliver value by updating info over crucial infrastructure assets.

Hambric further added that the usage of the company’s Collaborative AI enables it to change today’s inspection practices through the delivery of improved mission crucial information with decreased risks. 

 

Source credit: https://www.businesswire.com/news/home/20200129005795/en/eSmart-Systems-Xcel-Energy-EDM-International-Announce

About Author

Nikita Chaurasia    

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Coinbase puts forth a buyout offer for crypto brokerage firm Tagomi
Coinbase puts forth a buyout offer for crypto brokerage firm Tagomi
By Nikita Chaurasia

San Francisco based digital currency exchange major Coinbase has reportedly announced its acquisition of the crypto prime brokerage platform, Tagomi. For eight years, Coinbase has been known for its credibility in the field of industry-leading tradin...

National Congress of China recommends government-led blockchain fund
National Congress of China recommends government-led blockchain fund
By Nikita Chaurasia

The parliament of China, National People’s Congress, has reportedly given a suggestion for a blockchain development fund, backed by the government to be able to build up a good governance system. The most powerful and important political adviso...

Halifax to initiate COVID-19 vaccine trials with CanSino Biologics
Halifax to initiate COVID-19 vaccine trials with CanSino Biologics
By Nikita Chaurasia

The Dalhousie University, also known as Halifax University, located in Canada, has reportedly announced that its team would be working in collaboration with Chinese manufacturer, CanSino Biologics, to conduct the first-ever Canadian clinical trial fo...

Researchers to investigate the risk of airborne viruses in buildings
Researchers to investigate the risk of airborne viruses in buildings
By Nikita Chaurasia

As the world gradually paces back to normalcy after recuperating from the devastating effects of COVID-19, a research team from DOE’s Lawrence Berkeley National Laboratory (Berkeley Lab) embarked on the quest to study the risk of airborne virus...

NZME unveils a takeover bid of US$0.61 for its rival Stuff Limited
NZME unveils a takeover bid of US$0.61 for its rival Stuff Limited
By Nikita Chaurasia

NZME, a News Zealand media giant, has recently unveiled a symbolic US$0.61 (NZ$1) takeover bid for rival Stuff Limited in an attempt for consolidation of the news industry in the country, amid the downturn caused by the coronavirus pandemic. Nine Ent...