Bidgely Awarded ‘Top Product of the Year’ Recognition by Environment+Energy Leader

Source: 4/22/2024, Location: North America

Environment+Energy Leader (E+E Leader) distinguished Bidgely’s UtilityAI™ Platform as a Top Product of the Year in the 2024 Environment+Energy Leader Awards program. This year’s award program divided accolades into six innovative categories, tailoring recognition to specific sustainability and energy management excellence sectors.

As a Top Product of the Year in the Software & Cloud category, Bidgely’s UtilityAI Platform was recognized for its exceptional contribution to innovative energy management and environmental sustainability.

“It is an honor to be recognized by E+E Leader for our work transforming meter data into powerful insights, which support greater grid stability and empower utilities and consumers alike to support a more resilient, cleaner electric grid,” said Abhay Gupta, CEO of Bidgely. “Clean energy is the future, and we are proud to provide critical climate tech solutions for utilities to successfully navigate this energy transformation.”

Harnessing data analytics and artificial intelligence (AI), Bidgely's UtilityAI Platform reveals with extreme precision how energy is being consumed within individual homes and businesses. Specifically, consumption is broken down across 12 key categories, such as:

Device level – i.e. refrigerators, water heaters, pool pumps, electric vehicle charging
Time-of-use by appliance – daily, weekly and seasonally; peak and off-peak
Appliance size and fuel type – electricity or gas
Type of appliance within same fuel type – i.e central air conditioning versus room air conditioning

Unlocking the power of data, utilities are enhancing multiple utility programs, including grid planning and forecasting, EV load shifting, energy efficiency and beneficial electrification. Additionally, consumers are better educated on how they can more effectively manage energy usage, save money and reduce carbon footprints.

The distinction of Bidgely by Environment+Energy Leader signifies a remarkable achievement in the field. Jessica Hunt, co-president of E+E Leader, expresses her admiration for this year’s winners: “The introduction of six distinct categories in this year’s awards program not only celebrates the breadth of innovation within the industry but also highlights the specific areas where companies are truly making an impact. A win is a testament to these companies’ outstanding efforts and leadership in driving forward the sustainability agenda.”

In the last six months, Bidgely was also recognized as a Top 10 Applied AI Company on Fast Company’s 2024 World's Most Innovative Companies list, an AESP’s 2024 Innovation in Technology award recipient, a “Leader” in IDC’s Worldwide Digital Customer Engagement Solutions MarketScape and an S&P Platts Global Energy Awards Finalist for the third consecutive year.

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