Charlotte, NC & Houston, TX | March 24 2025
Innowatts’ AI-based energy analytics solution is now available on Honeywell Forge Performance+ for Utilities platform to better forecast and plan grid energy usage for operators.
Honeywell today announced it is integrating Innowatts as an application on the Honeywell Forge Performance+ for Utilities platform that uses artificial intelligence (AI) to better manage supply and grid operations for electric utilities. Innowatts provides Advanced Metering Infrastructure (AMI) insights and forecasting modules to better understand the current and future consumption of energy on the grid.
Utilities face several challenges from the integration of renewable energy sources, such as wind and solar, while managing unpredictable demand patterns from distributed generation where electricity is generated at or near its end user. By using Innowatts’ application, utilities will be able to harness data from smart meters and receive actionable insights around distributed energy resources (DER) identification, load disaggregation and customer segmentation that was previously not available, allowing them to enhance electricity supply decisions and reliability of the grid by identifying load shifts before they happen.
“Our integration into Honeywell’s groundbreaking software platform has the ability to transform grid modernization and predictability,” said David Boundy, CEO of Innowatts. “Together we have created a powerful combination of automation and advanced analytics that will help utilities not just respond to the changing energy landscape but proactively shape it.”
This latest addition to the Honeywell Forge Performance+ for Utilities platform helps address some of those most critical challenges facing utilities today – accurately forecasting energy demand, identifying and integrating distributed energy resources, and optimizing grid operations in real time.
“With much of today’s aging grid infrastructure designed to support highly predictable data, utilities are looking for ways to manage the increase in energy load and the dynamics of DERs through use of advanced analytics and AI,” said Amol Motivala, President of Honeywell Smart Energy. “By partnering with Innowatts, Honeywell Forge Performance+ for Utilities can now provide utilities with unprecedented visibility and foresight into their operations, leading to more reliable service for their customers.”
Honeywell Forge Performance+ for Utilities is designed to help utilities monitor assets, effectively identify root-cause and introduce predictive analytics to become more proactive with grid asset management. Innowatts is one of a variety of third-party applications that can be run on the platform.
For more information on Honeywell’s smart energy solutions please visit Honeywell.com.
About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
About Innowatts
Innowatts is the leader in AI-powered Energy Data Analytics serving utilities, grid operators, and retail energy providers, as well as commercial, industrial, and public entities worldwide. Innowatts’ award-winning SaaS platform utilizes advanced AI to unlock grid edge opportunities, increase customer value, and accelerate the energy transition by leveraging insights from more than 55 million meters, delivering real-time, customer-centric energy analytics with unprecedented accuracy. With data security and compliance as top priorities, we ensure that energy data remains protected while driving innovation. Explore our full suite of solutions at innowatts.com and follow us on LinkedIn.