Austin-based artificial intelligence company SparkCognition has acquired Ensemble Energy to expand its technology offerings in the energy sector.

The company said the acquisition will help it create an AI-enabled management platform focused on clean energy. Terms of the deal weren’t disclosed. 

SparkCognition was founded in 2013 and makes machine-learning and AI technology. The company said it has more than 100 clients in a variety of industries, including defense, finance, manufacturing, automotive, telecommunications and energy.

California-based Ensemble Energy was founded in 2017 and makes software and services for the renewable energy sector. Its software is designed to monitor and track analytics for renewable systems, as well as report issues and prevent failures.

‘Modernizing is key’:Austin-based Army Futures Command continues to grow, adapt

The acquisition adds to SparkCognition’s growing range of energy-related technology, which includes

Read More At Article Source | Article Attribution