In a rapidly growing world of grid digitization, managing, analyzing and making meaningful use of the vast amount of data generated by smart grids is a rather complex task. However, the appearance of UtiliPoint International Inc.'s latest service offering – UtiliPoint Analytics – on the smart grid scene is expected to simplify things.

UtiliPoint analytics is comprised of sophisticated methodology and tools for Smart Grid data and application management.

These tools actually analyze the energy consumption data of commercial and residential customers with astounding accuracy. This, in turn, helps to give a clearer picture of consumer behavior changes and also helps to reduce risks and costs.

“UtiliPoint Analytics will provide additional resources to expand opportunities through software for Smart Grid applications and solutions, as well as drive analytics around Smart Meter data management,” said UtiliPoint COO and Managing Director Bob Bellemare in a press release.

The scope of UtiliPoint Analytics covers the entire spectrum of rate, pricing, budget billing, asset valuation and even program support services. In addition, it has tools that help to bring about energy sufficiency and also help to monitor the carbon footprint.

Rand Warsaw, Managing Director, UtiliPoint Analytics regarded this as an exciting opportunity for experts to enter the ever-growing world of grid digitization and a chance to help clients understand the complexities of smart grid data.

In other news, UtiliPoint International, Inc. announced the release of its Customer Information Systems SourceBook, a comprehensive industry resource for prospective buyers of Customer Service products and services in the utility space.