Provider of AI driven software solutions

eSmart Systems

About

eSmart Systems builds and delivers the next generation software solutions for inspections of powerlines, grid maintenance planning and energy flexibility optimization. We target utilities worldwide and offer reduced costs and prolonged asset life with the use of our AI-powered solutions.

The company is based on more than 20 years of international experience in establishing and operating knowledge based, leading IT and energy related companies targeting global markets.

eSmart Systems originates from the renowned IFE environment (Institute for Energy Technology). The company was founded in 2012 by an experienced team previously responsible for large IT service exports including delivery of the world's first power exchange to Nord Pool, the Nordic Power Exchange, in 1991. Since 2012 the company has grown rapidly and currently consists of almost 80 employees with offices in Norway, Denmark, the UK, and US.

Accelerate the transition to a sustainable future

eSmart Systems is being built by people able to capture trends and utilize opportunities. Be it next generation grid management systems, image recognition to drastically improve infrastructure inspections or driving customer and end-users engagement - being at the forefront of future solutions is in our team’s DNA.

We envision a future of sustainable societies. We believe this will be best achieved through our unique combination of domain expertise, machine learning, and data engineering. eSmart Systems’ AI driven software solutions enable our customers to operate more efficiently, resulting in both social and environmental benefits.

Our solutions can predict, detect, and prevent undesired critical infrastructure events, such as power outages. Reduced failure rates, extended asset life and reduced maintenance have economic benefits, both for our customers and the end users. At the same time, more efficient use of the power grid, reduces the need for further development of the transmission infrastructure, helping to protect nature including biodiversity. Our products also include a solution to make energy trading between local market prosumers possible. This is a prerequisite for the shift towards increased distributed production of renewable energy. We are proud to contribute to accelerating the transition towards a sustainable development.

Mission

eSmart Systems creates intelligent solutions to accelerate the transition to a sustainable future, by developing innovative technology to the energy market – to the people.

The key to our success is competent and dedicated people constantly seeking to learn, improve and drive change.

Vision

A more intelligent and sustainable future for all.

Our vision is sustainable societies. A world where infrastructure assets and resources are efficiently and intelligently managed and maintained. A world powered by eSmart Systems.

Values

eSmart Systems’ achievements are not only measured by what value we create, but by how we create it. This is why our core values are:

  • Integrity
  • Innovation
  • Excellence
  • Teamwork

Management

eSmart Systems is led by an executive team with more than two decades of successful and extensive international experience at establishing, growing and operating world-leading, knowledge-based IT companies in global markets.

Board of Directors

Our Board of Directors reflects eSmart Systems’ national and international ambitions. Board members have extensive and leading experience in energy and new, disruptive technologies.

Chairman of the board

Jørgen Kildahl

Board member at eSmart Systems

Joseph Sirosh

Board member at eSmart Systems

Fredrik Nygaard

Board Member at eSmart Systems

Bastien Gambini

Board Member at eSmart Systems

Eivind Egeland Olsen

Employee representative

Erik Åsberg

Financial

Annual Report

News

 

 

Connected Drone 2 entering next phase with 22 partners on board

The R&D project Connected Drone 2 aims to increase asset insight and reduce the number of power outages. In June, the project completed the first out of a three-year project period. 
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eSmart Systems secures USD 34 million investment for international expansion

eSmart Systems, a Norwegian provider of AI-based analytics for infrastructure inspection and asset health monitoring, has successfully completed a capital raise of USD 34.4 million. Energy Impact Partners (EIP), the US utility-backed investment fund, and innogy Ventures have joined the investment round initially closed by Equinor Energy Ventures, Nysnø Climate Investments, and Kongsberg Digital in December 2018. 
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eSmart Systems´ CTO appointed Microsoft Regional Director

eSmart Systems’ CTO, Erik Åsberg, has been appointed the reputable title as Microsoft Regional Director for a second consecutive two-year period.  
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“A great honor and a new milestone for us”

For the second consecutive year, eSmart Systems was recognized as finalist in the category of AI and Machine Learning in the annual Microsoft Partner of the Year Awards. 
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Newsfeed

We are proud to be shortlisted for the 2019 UK Energy Innovation Awards! https://lnkd.in/dtx5Jdu

Hogne Fevantook home both the judges’ and audience’s choice awards for his pitch on our Connected Drone technology, in the EIC’s #BigEnergyPitchhttps://www.ukeic.com/media/big-energy-pitch-winner-s-interview-with-hogne-fevang-from-esmart-systems 

For the second consecutive year eSmart Systems was recognized as a finalist for Microsoft world-wide partner of the year in the category for AI and Machine Learning. Congratulations to Crayon for winning. We are aiming for next year! #thirdtimesacharm #ai #microsoft

Friday May 24, Henrik Bache is one of the speakers at Oslo Scaleup Day; Rethinking Green Investments. He will talk about how eSmart Systems as a scaleup is positioning in the green shift.

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