mPrest and Vector Enter Australian Market to Enhance Intelligent Grid Migration

mPrest

mPrest, the mission-critical monitoring, control and big data analytics software leader for the industrial IoT market, announced today the launch of its entrance into the Australian market together with Vector, New Zealand’s largest power distributer. The joint team will support the local Australian utility market in migrating towards a more intelligent grid.

mPrest’s smart utility applications are based on dynamic and flexible micro-services architecture, combining artificial intelligence and machine learning to asses and predict utility loads, customer demand, capacity, and market dynamics in real time.

mPrest’s Grid Modernization “System of Systems” applications address critical areas such as asset management, distributed energy resource management systems (DERMS), Virtual Distribution Automation, and Critical Event Management. Such applications will assist Australian utilities in realizing their renewable energy and grid modernization strategies.

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