Esyasoft – the global technology leader in AI and IoT for the utility sector – turned 10 on this day in 2024, marking the completion of its first act on an impressive journey of building an energy future that is not only better but also affordable and sustainable.
Founder and Group CEO Bipin Chandra, contemplating the transition the company underwent from being a small startup to a big player in the industry, pointed out the sea change that has taken place within the energy sector, considering an increase in smart grids. Chandra mentioned that the energy sector is responsible for over 70 percent of all carbon emissions, adding weight to the importance of what Esyasoft is attempting.
Chandra further indulged about the company’s metamorphosis, illustrating it as having gone from a software service provider to an engineering excellence mega hothouse; this particular pivot — the “Esyasoft 2.0,” may artistically capture the company’s relentless quest of revolution and forefront progression. Chandra focused on the significance of absorbing novel technologies and international aspects to safeguard their stance in the industry. The recent joint ventures with Adani Group and Landis & Gyr in India and IntelliGrid in UAE delineate how Esyasoft is moving toward an integrated product and solution provider. As a result of these cooperations, the execution muscle of Esyasoft is projected to be reinforced to further explore international market penetration, particularly in jurisdictions where smart metering is advancing.
Also of concern to Esyasoft is its formidable objective to ultimately touch a billion lives and mitigate around 10 billion tonnes of carbon emissions. As the company continues to innovate across various sectors such as electricity, gas, and water it endeavors to give power to millions of homes globally. A more imminent phase of an as yet undisclosed acquisition, further reinforcing this network with plans that preservation across the value chain will remain seamless. By using data analysis and AI, Esyasoft keeps to the cutting edge in the valuation done on a global scale.
Acknowledging the challenges of a rapid technology-laden world, Chandra is still confident that, in response to this volatility in the industry, his team is more than equipped to manage these strategic evolutions. Chandra expressed his special appreciation to his global team for their hard work and commitment, adding that his team values the possibilities to work in parts of the world such as India, UAE, CIS, SE Asia, Africa, Netherlands, UK and the Americas.
With climate policies receiving more attention, with Esyasoft at the forefront, the company is in a better position than ever to lead and reflect on this significant change. Innovation and responsibility are the conjoined twins that tie Esyasoft to the front of the bow in terms of the energy transition.
Esyasoft celebrates its decennial and the 10-year milestone will mark a fresh phase charged with opportunities, accolades, and an incessant push for excellence. The spirit of entrepreneurship and innovation that Bipin Chandra had transpired into the youngest generations and, using technology he had created, has helped shape individuals in the today’s world.