eSmart Systems

eSmart Systems is a leading provider of AI-powered solutions for the inspection and maintenance of critical infrastructure. We are headquartered in Halden, Norway and serve around 50+ utilities globally. With our Grid Vision® portfolio, we provide Inspection Management and Asset Information Management solutions and services to utilities globally. Grid Vision provides a data-driven and condition-based approach to infrastructure inspections and support utilities to reduce inspection costs, improve inspection safety, improve the quality of asset data and prolong asset life.

http://www.gridvision.com

51-200 employees

Growth Trajectory

eSmart Systems is expanding geographically into markets like The Netherlands, Switzerland, and the US, driven by multi-million euro contracts and partnerships. They are focused on product development with new modules for rust inspections and innovation in AI-based inspection techniques, indicating significant growth potential in the digitalization of infrastructure inspections.

Technical Challenges

Poor quality and incomplete data for substations.

Updating asset information.

Ensuring website functions properly without certain cookies.

Data-driven trust issues, a real-world problem for electric utilities.

Tech Stack

AIUAS technologiesGrid VisionHTML Local StorageHTTP CookiePixel TrackerCookiesLocal StorageIndexedDB

Team Size

Key Risks

Challenges in updating asset information and ensuring data quality for substations may hinder effective deployment of AI solutions.

Increased global electricity demand may strain existing infrastructure, requiring rapid scaling and adaptation of inspection and maintenance solutions.

Data-driven trust issues among electric utilities could impede the adoption of AI-based inspection methods.

Skill shortages in the energy sector may limit the company's ability to recruit and retain talent.

Opportunities

Further development of AI-based solutions for inspection and maintenance can address the growing market need for efficient and accurate grid management.

Expansion of service offerings like 'Inspection as a Service' can capitalize on the demand for virtual inspections and asset data management.

Leveraging partnerships with energy companies and technology providers can drive innovation and market penetration.

Advancements in BVLOS operations and remote sensing can expand the reach and effectiveness of virtual inspections.

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