Power Analytics, the energy industry’s leader in advanced electrical power software solutions, has been named one of the Top 12 Companies to Watch in 2012 by Smart Grid News (SGN). The company’s selection followed a record 7,000 votes via an online poll from SGN readers and industry peers. The 12 finalists represent industry leaders in smart grid technology.
Power Analytics was nominated based on the unique patented features of its Paladin software suite that provides real-time monitoring of energy distribution, efficiency and usage throughout a local grid. This smart grid “virtualization” capability is delivered to any utility-scale electrical network by leveraging years of experience in megawatt-class data centers and mission critical facilities. This is the third year SGN asked readers to nominate and vote for the smart grid companies they think should be on everyone’s radar in the year ahead. The publication said it had more nominations this year than the previous two years with a mix of big players, little-known startups and a handful of companies located outside the U.S.
“2012 will be another groundbreaking year for us as we continue to innovate and incorporate new technologies to ensure our customers’ electrical power infrastructure is performing properly, energy efficiently, and in a manner that ensures no operational problems,” said Mark A. Ascolese, Chairman and Chief Executive Officer of Power Analytics.