About Open Grid Systems
Open Grid Systems is an Energy & Utilities company based in Glasgow (United Kingdom) founded in 2014, and was acquired by AspenTech in November 2024. It operates as a tablet based online and offline data access and report submission for field crews. The company has 5 employees. Open Grid Systems offers products and services including Aspen Mtell, Aspen HYSYS, and AspenTech OSI monarch SCADA. Its focus areas include Energy Tech, Smart Grid, Utility Management and Data Management. Its legal entity is OPEN GRID SYSTEMS LIMITED. Its competitors include Arcadia, Urjanet, Metry, Greenbird and Senselogix and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Open Grid Systems was founded in 2014 in Glasgow, United Kingdom, focusing on the utilities sector. Expertise is offered in data management, information modeling, data transformation, exchange technologies, visualization, and power system network analysis. The GridView product is designed to integrate network models with geographic maps, satellite imagery, and augmented reality views, supporting damage assessments by utility workers via tablets in online and offline modes.
- Headquarters Glasgow, United Kingdom
- Employees 5
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website opengrid.com
- Social LinkedIn
- Acquired by AspenTech (Nov 2024)
- Legal Name Open Grid Systems Limited
- Date of Incorporation 11 Feb, 2010
- Jurisdiction GLASGOW, LANARKSHIRE
Products & Services of Open Grid Systems
Open Grid Systems offers a comprehensive portfolio of products and services, including Aspen Mtell, Aspen HYSYS, and AspenTech OSI monarch SCADA.
Software for predictive maintenance and asset optimization in industries.
Tool for process simulation and energy analysis in manufacturing.
System for real-time monitoring and control of power grids.
Investors in Open Grid Systems
Open Grid Systems has secured backing from 1 investor. Prominent investors backing the company include AspenTech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | aspentech.com | Bedford, United States |
Investor details for Open Grid Systems
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Timeline of Open Grid Systems
2 dated milestones of Open Grid Systems across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Open Grid Systems is founded.
- Exit Acquired by AspenTech.
Competitors of Open Grid Systems
Open Grid Systems has 9 listed competitors in our database, 8 of them funded. They include Arcadia, Urjanet, Metry, Greenbird and Senselogix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arcadia.com | 2014 | – | $566M | – | Arcadia is focused on providing clean energy solutions through data platforms. | |
| urjanet.com | 2010 | Atlanta, United States | $44.86M | 77 | Utility data is automated and normalized for large organizations. | |
| metry.io | 2012 | Gothenburg, Sweden | $703,236 | – | SaaS-driven platform to collect meter data from utilities | |
| greenbird.com | 2010 | Oslo, Norway | $10.83M | 43 | Open-source middleware for IoT data integration is developed. | |
| senselogix.com | 2009 | Chester, United Kingdom | $5.08M | 8 | Energy management solutions | |
| texturehq.com | 2023 | New York, United States | $9.5M | – | Texture is recognized as an AI-native platform for energy operations coordination. | |
| openvolt.com | 2023 | Dublin, Ireland | $1.6M | – | API for smart meter data | |
| ui.city | 2013 | Chemnitz, Germany | – | 28 | Develops a data collection, storage and analysis platform for city data | |
| zero.energy | 2015 | Petah Tikva, Israel | $110,000 | – | Energy-consuming devices in buildings are managed automatically. |
Detailed competitors of Open Grid Systems
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Web traffic of Open Grid Systems
The website of Open Grid Systems (opengrid.com) receives about 1K visits a month.
- Monthly visits1K
Top companies in Smart Grid & Transmission Systems
10 companies that operate in the same segment as Open Grid Systems (Smart Grid & Transmission Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
Distributed energy grids are provided for clean electricity and utilities. | 2010 | London, England, United Kingdom | USD 130.7 M | – | – | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Solar-powered electricity is delivered via an app-based platform. | 2020 | Berlin, Berlin, Germany | USD 45.99 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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Related news about Open Grid Systems
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Frequently Asked Questions about Open Grid Systems
Open Grid Systems was founded in 2014.
Open Grid Systems is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Open Grid Systems has 5 employees.
Open Grid Systems was founded in 2014 in Glasgow, United Kingdom, focusing on the utilities sector. Expertise is offered in data management, information modeling, data transformation, exchange technologies, visualization, and power system network analysis. The GridView product is designed to integrate network models with geographic maps, satellite imagery, and augmented reality views, supporting damage assessments by utility workers via tablets in online and offline modes.
Open Grid Systems offers Aspen Mtell, Aspen HYSYS, and AspenTech OSI monarch SCADA.
Open Grid Systems has 1 investor. Key investors include AspenTech.
Open Grid Systems operates through Open Grid Systems Limited.
Yes. Open Grid Systems was acquired by AspenTech in November 2024.