Buzz Solutions is highlighted on Forbes.com for "harnessing technology to act as a force multiplier for grid operators struggling to maintain their transmission and distribution systems in a drier, more combustible post-climate world."
Productivity tools will allow power companies to shift skilled labor away from mundane tasks. Faster and better inspections will allow companies to maintain higher run times and mitigate tail risk. Localized assets like the standby generator in your home and smart thermostats will work in tandem with advanced modeling to reduce blackouts during times of peak demand and reduced supply. And behind it all will be numerous artificial intelligence platforms.
Buzz Solutions announced it closed a $5 million round of growth funding. GoPoint Ventures led the round, with additional participation from Blackhorn Ventures and MaC Venture Capital.
As utility leaders begin to execute their 2024 digital strategies, now is the time to be crystal clear about the roles, responsibilities, and risks associated with digitizing such critical legacy systems.