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

28 February 2022


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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