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VIA Listed Among 32 Technology Startups Redefining Energy by StartUS Insights

VIA is proud to be recognized by StartUS Insights as one of 32 companies out of nearly 10,000 surveyed that are changing the energy landscape.

According to StartUS Insights:

“We analyzed 9.926 energy technology startups and emerging companies working on solutions for the energy sector that are highly relevant for accelerating the progress of the seventh SDG of ‘Clean & Affordable Energy For All’.”

For the full article including visuals and overviews of other companies, visit the StartUS Insights website.

 

VIA Interviewed for Carbotnic Podcast

James McWalter of Carbotnic, a podcast that covers cleantech founders and investors, interviewed VIA’s CEO, Colin Gounden for a podcast titled, “Energy and Data Silos”.

In the podcast, Colin answers questions about how VIA solves problems for utilities, data issues that hamper machine learning, VIA’s 30-Minute Pilot process, how COVID-19 has actually increased efficiencies of VIA’s teamwork, and more on company culture and recruiting.

To listen to the podcast, visit the Carbotnic website or click the play button below!

Introducing SWEET: AI for Data Wrangling

For the third installment of our blog series, Let’s TAC™ About It, we’d like to introduce you to SWEET, a built-in function on VIA’s TAC™ platform. So, are you ready to TAC™ about it?


SWEET stands for Smart Wrangling Engine for Extraction and Transformation. Check out the video (or the transcription that follows) to learn how we use AI to wrangle data!

Below is a transcription of the “Introduction to SWEET: AI for Data Wrangling” video.

Analysts need to transfer data from a spreadsheet to a database, often known as data wrangling. The analyst usually identifies a rule or multiple rules (such as: column x is data, row 5 is a header and can be discarded, and so on). The analyst then writes code to execute that rule. This works well when rules are easily identifiable. In most cases, however, this is incredibly time consuming.

Data scientists spend more time wrangling and cleaning data than on analysis and AI. The problem with that is analytics insights are of the highest value, but get the least amount of resources. The big leap in AI is being able to process information without humans writing all the rules.

As an example, computer vision is used to identify a dog. Think of all the varieties of dogs and all the possible variations in context that those dogs could be in. There isn’t an army of people large enough to write rules to identify a random dog in a random photo.

And yet, AI can.

VIA’s approach to data wrangling is to use some of the exact same AI algorithms used in image recognition. This works across a much wider variety of contexts and spreadsheet or file formats. Let’s take a look at how SWEET works.

Here’s a spreadsheet. What SWEET is going to do is use a number of different machine learning algorithms to automate the process of getting the information into a database format.

The first model uses machine vision to map out the spreadsheet. Purple represents blank space, green is headings, yellow is actual data. Once that model has run, there’s a second algorithm that takes a look at the content.

The second algorithm skips over the purple. It looks at the green (which is the headers) to know which column to write where in the database. Finally, it would take a look at the yellow area to write the data to the database.

A third machine learning algorithm determines which column is derived from other parts of the sheet. For example, a total column is just the sum of the other columns and may not be necessary to write to the database. The third model separates these derived columns from the raw data.

In this example, the ACCOUNT column turns out to be the total of the other columns added up. It could be difficult for a human to understand immediately, but one of our models does this instantly.

SWEET’s approach works irrespective of the format. The model doesn’t have to be re-trained when it comes across spreadsheets that are new or in different formats.

So, what’s new and different here? AI algorithms have been evolving quickly. Many of the models that we implemented didn’t exist just a few years ago.

The other insight is that we broke the “convert this spreadsheet into a db” problem into multiple steps and have a different AI algorithm for each step.

Combined, SWEET, a built-in function in VIA’s TAC™ ingestion engine, helps make processes that used to take analysts days to do manually and makes them instantaneous.


Update: July 31, 2020

The image below shows the steps SWEET takes to transform raw files into a standard format.

VIA Wins $1.5M U.S. Air Force Contract

VIA, a leader in providing energy analytics while maintaining data privacy and security, is pleased to share that the company has been awarded a $1.5M contract with the U.S. Air Force to provide secure and privacy-protected analysis of data. Under the contract, VIA’s Trusted Analytics Chain (TAC™) software platform will reduce the cost and increase the security and privacy of artificial intelligence and other data analysis.

TAC™ works by reversing the traditional relationship between analyst and data. Instead of transmitting a copy of sensitive data to an analyst, TAC™ brings an analyst’s algorithms in a controlled and auditable way to where data is located, runs analysis there, and returns only authorized answers back to the analyst. The underlying data is never revealed.

TAC™ also uses AI to wrangle and harmonize data to reduce data transformation costs. At a U.S. Air Force air base, the TAC™ Ingestion Engine (TIE) will be used to preprocess data. An audit trail will be created for all preprocessing steps including AI-enabled data wrangling, AI-enabled filtering of files for personally identifiable information (PII), and harmonizing of data from multiple sources.

Follow along on the VIA latest page for more information on current projects.

VIA Moves Technology Team from Griffintown to Purpose-Built Center in Downtown Montreal

VIA, a leader in providing energy analytics while maintaining data privacy and security, is pleased to share that the company is moving its technology center from Griffintown to downtown Montreal. The move follows several months of scouting locations and gathering team needs and “wishlists”.

“In the last twelve months, VIA has grown five-fold and is set to double again this year. With this period of explosive growth, we needed a new location that met the needs of both our current and future team,” said Emma Fechney, VIA’s Head of People and Operations.

She continued, “We are excited to be part of the thriving AI network in Montreal. We aspire to make our space not only better suited to our growth but appealing to the academic and technical community by creating dedicated space for hosting future events and meetups. We made a decision to take an entire floor. This provides us increased room to accommodate both social distancing and growth.”

Key features of the new space includes four mother’s rooms, shower facilities, a non-binary bathroom, private access to our own floor, car parking, and space for bike storage. The new office is located just across the street from McGill University’s campus, has an exceptional view of Mont Royal, and is highly accessible by public transportation. McGill metro station is just a two-minute walk away.

Construction and personalization of the office space is currently underway. VIA is planning to allow optional attendance to the new office space beginning August 15th.

About VIA

VIA helps governments, regulators, and power companies deliver $200Bn in energy every year to more than 100 million customers. VIA’s privacy-preserving analytics software, Trusted Analytics Chain™ (TAC™) reduces the cost and improves the quality of service of electricity transmission and distribution using AI and blockchain technologies. TAC™ (patents pending) is the bridge that securely connects power company data, distributed across many locations, to potential AI solutions. VIA established the Global Data Asset Collaborative™ (GDAC™), built on top of TAC™, to allow multiple companies to securely pool data for more accurate analytics. Headquartered in Somerville, Massachusetts, VIA has been featured in Wired and Inc. Magazine for its leadership in technology innovation. For more information, please visit www.solvewithvia.com.

VIA Hosts First Installment of GDAC™ Virtual Mini-Series

Last week, VIA was proud to host the first session of its GDAC™ Virtual Mini-Series. The event was invite-only and had over 20 participants including members from founding utilities, Hawaiian Electric and Vector. 

VIA advisor and former ABB executive, Andrew Bright gave a keynote presentation on two topics: physical resiliency trends for power transformers and trends in sensors. 

In addition to Andrew’s keynote, VIA presented “GDAC™ By The Numbers” (click image below) that covered quick stats on data, equipment, portal enhancements, and more for members.

Given the success of this first event, VIA hopes to continue the series and open it up to external participants to allow for a better understanding of GDAC™’s value. If you are interested in learning more about GDAC™, please email gdac@solvewithvia.com.

Let’s TAC™ About It: Models for Private Data Service

For the second installment of our blog series, we will cover VIA’s Models for Private Data (MPD) service. So, are you ready to TAC™ about it?

Companies are awash with data. To make sense of the growing data volume, AI models continue to proliferate in number and improve in performance. Even better, many of the best models are open sourced. Leading companies like Amazon, Google, Microsoft, and others have made freely available AI models for everything from facial recognition to text analysis. 

So, why aren’t more companies taking advantage of these models for analysis of their corporate data?

One of the top challenges is data privacy. Many companies are fearful of sending their data to the cloud or to an external AI provider. Data and AI regulations from Europe (GDPR) to California (CCPA) are complex to navigate. Even without government oversight, companies worry about the reputational cost of a real or perceived privacy violation. 

VIA’s TAC™ platform solves this with its Models for Private Data (MPD) service. 

TAC™’s MPD service makes machine learning models available for download and easy incorporation into data science workflows. This has the dual benefit of eliminating the need to send data outside the organization or to the cloud and also the need to have internal AI experts to run state of the art machine learning models. The result is that data is kept private and secure.

As an example, imagine a company capturing images about their equipment to identify corrosion. Through TAC™’s MPD service, a data scientist can choose a corrosion analysis model (e.g., a pre-trained TensorFlow algorithm) and easily incorporate that model into their workflow. The MPD service accomplishes this by using containers to make the models easily accessible through their Python scripts. The models use input from their local databases and return a list of predictions locally. Data remains on premise in their local VPC at all times. This is one way that we keep data private across our Global Data Asset Collaborative™ (GDAC™) with multiple energy utilities.

Stay tuned for a video demo of this service in the coming weeks!

VIA’s TAC™ Simultaneously Runs on Multiple Cloud Platforms

VIA is pleased to announce the first two customer implementations of its TAC™ platform on multiple cloud infrastructures including AWS, AWS GovCloud (US), and Azure and mixed cloud environments (e.g., DVM on Azure and TAC™ nodes on AWS). 

“In order to serve VIA’s growing customer base, we have to interoperate with all major cloud provider platforms including Amazon, Microsoft, and Google. For companies to benefit from pooling their data together (like our GDAC™ program does), we need to be able to support the cloud platforms where their data is located,” said Jeremy Taylor, VIA’s Chief Scientific Officer.

“Unlike other platforms, TAC™ brings analysts’ queries to the data. This means that analysis needs to be run wherever the customer has their data which could include any of the major cloud providers or even on premise. TAC™’s capability to run on both AWS and Azure expands the number of datasets available to train and test AI models,” explained Ashley DaSilva, VIA’s Team Leader, Product Development. 

For continued developments on VIA’s TAC™ platform, be sure to see the latest on our website.

 

Tracxn Includes VIA in “Top Renewable Energy Tech” List

Tracxn, a market research platform that tracks startups, private companies, and innovative sectors, has included VIA for the second time this year in one of its 2020 Emerging Startups lists. In January, VIA earned a spot on their “Top Emerging Blockchain Startups” list. This time, VIA is among nine companies in the “Top Renewable Energy Tech” list and is again considered a “Minicorn.”

Tracxn describes what it means to be one of their Emerging Startups:

Tracxn Emerging Startups provides a handpicked selection of high growth and high potential companies, founded since 2013, that are making an impact in the new-age sectors. The shortlisting is based on a combination of multiple publicly available signals and detailed analysis of the company by our internal sector specialist teams. The companies that make the cut are the ones that show promising performance on multiple parameters – market size, investment by marquee investors, execution excellence and future growth prospects.”

For more on the “Top Renewable Energy Tech” list, visit the Tracxn website.

 

Kate Ravanis Interviewed for Profile of a Founder Blog

VIA’s Chief Operating Officer and Co-Founder, Kate Ravanis, was interviewed by The Tech Tribune for its Profile of a Founder blog. The blog features founders of companies selected by The Tech Tribune as the “Best Tech Startups,” from cities in the US. VIA was included as one of eight companies on the 2020 Best Tech Startups in Somerville list.

In the interview, Kate gives some insight on how VIA got its start, challenges along the way, and what the future holds for the company. She also gives some thoughtful advice for aspiring entrepreneurs:

“We have lots of values at VIA that I live by every day. I think the one that is most important and has made the most impact on my career is “love in = love out”. The idea behind the value is if you love what you do, it will show in all your interactions with colleagues, clients, and work. There are so many challenges that you will encounter on your journey, and it is often hard to see how you will get beyond them. I have found just focusing on the things that I truly believe in and the reasons that got me started in the first place have translated to stronger partnerships, customer relationships, and ultimately a team of colleagues who will stick by you until you come out successful on the other side.”

For the full interview, check out The Tech Tribune’s blog.

The Tech Tribune Includes VIA in 2020 Best Tech Startups in Somerville

VIA is pleased to share that we have been included in The Tech Tribune’s 2020 Best Tech Startups in Somerville list. The list includes eight startups in Somerville with solutions that range from 3D printing to 360 degree smart video conferencing cameras to software for the rental real estate market.

According to the Tech Tribune, there were four factors in deciding the top startups including (1) revenue potential, (2) leadership team, (3) brand / product traction, and (4) competitive landscape. 

For the full list of startups, check out their website.

 

VIA Selected as a Finalist for EPRI’s Incubatenergy Labs Challenge

VIA is pleased to share that we have been selected as one of 17 companies, out of over 130 applicants, for the next round of EPRI’s Incubatenergy Labs Challenge. As part of being a finalist in the program, VIA will participate in Challenge Pitch Day in the beginning of April.

Incubatenergy Labs was created to connect innovative startups in the energy space with major utilities for demonstration projects. Erik Steeb, who leads the Incubatenergy Labs program at EPRI said of the selected group of startups:

“The finalists’ applications outline technologies that may provide electric power customers effective energy management solutions and utilities new tools to maintain system quality, reliability, and efficiency while supporting sector-wide decarbonization.”

For more information, see EPRI’s recent announcement.

 

VIA Files Over 10 Patents for Trusted Analytics Chain™

VIA, a leader in providing energy analytics while maintaining data privacy and security, is pleased to share that it has filed over 10 patents to protect techniques used in its Trusted Analytics Chain™ (TAC™) software. The patents cover a range of capabilities from homomorphic encryption, streamlining data access provisionment, and distributed computing approaches, among others.

At VIA, we have delivered AI and machine learning solutions to governments, regulators, and utilities at a global scale. A constant theme has been data privacy and security. We have made data privacy a priority for TAC™ to give our customers confidence that their data assets are secure during analysis. The patent portfolio is VIA’s best way to protect the investment we have made in pioneering these techniques,” said Jeremy Taylor, Chief Scientific Officer at VIA.

VIA has built a team of experts in AI, blockchain, and cryptography to develop a suite of privacy tools to validate and sanitize queries (python scripts) submitted by analysts as well as responses that are the result of running the script on the data.

Taylor continued, “TAC™ is being used by some of the largest utilities in the world to unlock powerful insights from their data. We believe that TAC™ will become the go-to data sharing platform among utilities and beyond.”

About VIA

VIA helps governments, regulators, and power companies deliver $200Bn in energy every year to more than 100 million customers. VIA’s privacy-preserving analytics software, Trusted Analytics Chain™ (TAC™) reduces the cost and improves the quality of service of electricity transmission and distribution using AI and blockchain technologies. TAC™ (patents pending) is the bridge that securely connects power company data, distributed across many locations, to potential AI solutions. VIA established the Global Data Asset Collaborative™ (GDAC™), built on top of TAC™, to allow multiple companies to securely pool data for more accurate analytics. Headquartered in Somerville, Massachusetts, VIA has been featured in Wired and Inc. Magazine for its leadership in technology innovation. For more information, please visit www.solvewithvia.com.

Let’s TAC™ About It: The Bridge to AI Experts

This is the first installment of our new blog series, where we will cover the many capabilities and benefits of VIA’s Trusted Analytics Chain™ (TAC™). So, are you ready to TAC™ about it?

Data science roles have proliferated in the past decade. The growth numbers look flat, however, in comparison to other technology trends.

AI is embedded in our phones, our TVs, and our cars. With 67% of large companies projected to have AI initiatives in place by 2021, big data and machine learning are no longer relegated to long-term, R&D projects in mainstream businesses. These are now critical functions required for the long-term prosperity of business. 

Many organizations with vast amounts of data struggle to recruit, develop, and retain the data science talent they need to analyze their data and deliver actionable insights. A large ecosystem of big data companies, AI specialist companies, and tools have emerged to address this data glut and talent shortage. However, there are very real data security and privacy risks to consider for the firms that work with external AI companies. In addition, selecting and managing AI companies is costly and time consuming. These barriers can trap an organization’s data and limit its insights. 

TAC™ reduces the time, cost, and risks to data security and privacy of working with external analysts in multiple ways.

  • TAC™ leaves the data where it is. Instead of sending data to an analyst, TAC™ controls the code delivered to the data’s location (even in multiple locations) through federated learning.
  • TAC™ automates data anomaly checks, data cleaning and harmonization, and NLP PII checks.
  • TAC™ tracks and, when required, restricts what analysis can be performed at the data’s location, through smart contracts and other programmatic controls.
  • TAC™ provides data owners control over results returned to analysts through digital watermarking, k-anonymity, additive homomorphic encryption, and other mathematical safeguards.
  • TAC™ streamlines data access workflows so companies can even grant multiple AI experts access to the same dataset. This allows companies to leverage the wisdom of the crowd to select the best solution for their particular challenge. 

In short, TAC™ is a secure bridge between a company’s distributed data and expert analysts. VIA works with global electric utilities and government agencies to help them gain access to the AI specialists that can harness massive datasets, even across companies, to transition to a cleaner, safer, and greener energy industry.

VIA Awarded Funding by MassCEC

VIA is pleased to share that we have been awarded funding through MassCEC’s InnovateMass program for a behind the meter energy storage project. Governor Charlie Baker discusses the importance of supporting the 18 startups awarded:

“Providing strategic support to entrepreneurs and startup companies is critical to helping Massachusetts maintain its position as the national leader in cleantech innovation,” said Governor Charlie Baker. “These early-stage companies provide a vital source of job creation and economic value while helping the Commonwealth meet the challenges posed by climate change, and we are committed to helping support the growth of the vibrant startup community.”

For the formal press release titled “Baker-Polito Administration Announces $1.7 Million in Funding for Clean Energy Startups” visit MassCEC’s website.