Innovation Fund Denmark invests in Grid Optimizer project

March 4, 2018

Innovation Fund Denmark will invest in a 4.8 million DKK development project at breakoutimage, a commitment from the Fund´s “InnoBooster” programme. The project will develop advanced artificial intelligence to optimise complex technical workflows at utility companies (for example, electricity and fibre networks). The project is based on Grid Optimizer – a cloud-based platform which develops advanced machine learning by collecting data from across utility companies’ various IT systems, and then aggregating the data with publicly available data sources. The InnoBooster project will collaborate closely with DTU Compute to develop the most advanced algorithms and technologies in artificial intelligence, which will be used for technical workflows for implementation and operation of infrastructure at utility companies.