Smart grid technology aims to revolutionize energy systems by enhancing the coordination between energy supply and demand. Companies in this sector specialize in solutions including smart metering, data analytics, and integrated energy management systems. As utilities seek to modernize their infrastructure, they turn to technology firms for innovative products that facilitate energy efficiency and foster sustainability. With the increasing need for renewable energy integration and improved grid resilience, the future of smart grid technology looks promising, offering significant growth opportunities for both established companies and startups alike.

The following companies showcase a blend of innovation and expertise in the smart grid sector, ranging from medium to large firms. Headquartered in regions like North America, Europe, Asia, and Africa, many have been operational for several decades. They specialize in various niches from smart metering systems to energy management services. This array of companies indicates a robust ecosystem with significant investments in technology and sustainability. Together, they promise advancements critical for modern electricity distribution and utilization.

Continue reading to discover the top smart grid technology companies.

Top 22 Smart Grid Technology Companies

1. Trilliant

• Website: trilliant.com
• Ownership type: Venture Capital
• Headquarters: Vaughan, Ontario, Canada
• Employee distribution: United States (USA) 28%, Canada 28%, Colombia 22%, Other 22%
• Latest funding: December 2010
• Founded year: 2004
• Headcount: 201-500
• LinkedIn: trilliant

Trilliant, founded in 2004 and based in Vaughan, Ontario, Canada, is a technology solutions provider that specializes in smart grid and smart city solutions. The company offers a comprehensive range of services, including advanced metering infrastructure (AMI), data analytics, and network management tailored for energy companies and utilities. Trilliant's commitment to sustainability is evident in its solutions, which are designed to help customers optimize their operations and achieve energy transition goals. With a workforce of approximately 411 employees, Trilliant serves a global clientele, including utilities and municipalities, with over 37 million endpoints operational or in deployment. Their platform is device-independent, allowing for flexibility and integration with various technologies, which is crucial in today's dynamic energy landscape. Trilliant's extensive experience and focus on customer-centric solutions position it as a significant player in the smart grid technology industry.

2. Silver Spring Networks

• Website: ssni.com
• Ownership type: Private
• Headquarters: San Jose, California, United States (USA)
• Employee distribution: United States (USA) 95%, Nigeria 2%, United Kingdom (UK) 2%
• Founded year: 2002
• Headcount: 501-1000
• LinkedIn: silver-spring-networks

Silver Spring Networks, founded in 2002 and based in San Jose, California, is a technology solutions provider that focuses on smart energy and water management. The company offers a range of products and services, including smart metering and data analytics, aimed at utilities and cities worldwide. Their solutions are designed to help customers tackle infrastructure challenges and enhance resource efficiency. With a workforce of around 280 employees, Silver Spring Networks has established a presence in the smart grid sector, providing innovative solutions that support the modernization of critical infrastructure. Their commitment to improving energy and water management systems positions them as a relevant player in the smart grid technology space.

3. Aclara

• Website: aclara.com
• Ownership type: Corporate
• Headquarters: St. Louis, Missouri, United States (USA)
• Employee distribution: United States (USA) 71%, Spain 18%, India 7%, Other 4%
• Latest funding: June 2021
• Founded year: 1972
• Headcount: 501-1000
• LinkedIn: aclara

Aclara, a subsidiary of Hubbell Incorporated, is based in St. Louis, Missouri, and has been operational since 1972. The company focuses on manufacturing utility solutions that cater to the needs of electric, gas, and water utilities. Aclara's product portfolio includes smart meters, utility communication systems, and electric vehicle charging solutions, all designed to enhance the management and efficiency of utility operations. Their advanced metering infrastructure (AMI) and utility communication networks are pivotal in the transition towards smarter energy systems. Aclara also offers consulting and network performance management services, helping utilities optimize their investments in technology. With a workforce of approximately 941 employees, Aclara is committed to delivering reliable energy solutions and addressing the challenges faced by utility professionals today.

4. Iskraemeco

• Website: iskraemeco.com
• Ownership type: Corporate
• Headquarters: Kranj, Kranj, Slovenia
• Employee distribution: Egypt 33%, Slovenia 30%, India 26%, Other 10%
• Latest funding: $5.1M, September 2024
• Founded year: 1945
• Headcount: 1001-5000
• LinkedIn: iskraemeco

Iskraemeco, founded in 1945 and based in Kranj, Slovenia, is a corporate entity that specializes in energy and water solutions. The company has established itself as a provider of innovative technologies and services aimed at enhancing efficiency and sustainability in resource management. Iskraemeco serves a wide range of clients, including utility companies and municipalities, by offering solutions that integrate digital platforms and smart technologies. Their product offerings include smart metering systems, digital grid solutions, and energy management tools, which are essential for modernizing infrastructure in the energy sector. The company operates in over 80 countries, showcasing its global reach and impact. Recently, Iskraemeco secured funding of approximately 5.1 million euros, indicating ongoing investment in their growth and technological advancements. Their commitment to sustainability and operational efficiency positions them as a significant player in the energy and water management industry.

5. Efacec

• Website: efacec.com
• Ownership type: Private Equity
• Headquarters: Matosinhos, Porto, Portugal
• Employee distribution: Portugal 81%, India 8%, Other 11%
• Latest funding: March 2014
• Founded year: 1948
• Headcount: 1001-5000
• LinkedIn: efacec

Efacec Energia, S.A., based in Matosinhos, Porto, Portugal, is a private equity company founded in 1948. It specializes in electromechanical and energy solutions, particularly focusing on automation and management systems for electric power grids. Efacec serves electric power companies and utilities, providing advanced technology aimed at enhancing grid management and operational efficiency. The company operates through its Automation and Smart Power business unit, which has developed a range of solutions including SCADA/DMS, ADMS, and DERMS systems. Efacec is actively involved in projects that integrate renewable energy sources and improve the management of distribution networks. Their commitment to continuous research and development ensures they remain at the forefront of smart grid technology, addressing the evolving needs of the energy sector.

6. EDMI Limited

• Website: edmi-meters.com
• Ownership type: Private
• Headquarters: Singapore
• Employee distribution: Singapore 40%, Australia 21%, Malaysia 11%, Other 28%
• Founded year: 1978
• Headcount: 1001-5000
• LinkedIn: edmi-ltd

EDMI Limited, founded in 1978 and based in Singapore, is a smart metering solutions provider that focuses on innovative energy management technologies. The company offers a comprehensive range of products, including smart meters and data management systems, primarily aimed at energy companies. EDMI's solutions are designed to enhance operational efficiency and improve customer service, making them a vital player in the energy sector. With millions of smart meters installed worldwide, EDMI has a proven track record in the industry. The company operates globally, with significant employee distribution in regions such as Australia, Malaysia, and India. EDMI is owned by Osaki Electric Co., Ltd., a Japanese metering solutions provider, which further strengthens its capabilities and market reach. The company has not reported any recent funding, indicating a stable operational model supported by its established market presence.

7. Ormazabal

• Website: ormazabal.com
• Ownership type: Private
• Headquarters: Derio, Basque Country, Spain
• Employee distribution: Spain 69%, France 9%, United Kingdom (UK) 4%, Other 18%
• Latest funding: Other (Debt), $42.5M, December 2022
• Founded year: 1967
• Headcount: 1001-5000
• LinkedIn: ormazabal

Ormazabal, founded in 1967 and based in Derio, Basque Country, Spain, is a private electric solutions provider with a workforce of over 1,100 employees. The company specializes in high-tech electrical products and services, primarily targeting the energy and utilities sectors. Ormazabal's portfolio includes a wide range of solutions for smart grids, green energy generation, and sustainable infrastructures. They are particularly noted for their work in smart and digital grids, which are crucial for the electrification of modern infrastructure. Their recent projects include integrating renewable energy sources into existing grids and developing infrastructure for electric mobility. In December 2022, Ormazabal secured a funding amount of approximately €42.5 million, indicating their active pursuit of growth and innovation in the energy sector.

8. S&C Electric Company

• Website: sandc.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 75%, Canada 18%, Mexico 3%, Other 4%
• Founded year: 1911
• Headcount: 1001-5000
• LinkedIn: s%26c-electric-company

S&C Electric Company, founded in 1911 and based in Chicago, Illinois, is a manufacturer and provider of electric utility solutions. The company specializes in power distribution and automation products, catering primarily to utilities and various industries. S&C Electric is dedicated to enhancing power reliability and minimizing outages through innovative technologies and services. Their product portfolio includes advanced automation systems, switching equipment, and microgrid solutions, all designed to improve the resilience and efficiency of electrical systems. With a workforce of over 2,500 employees, S&C Electric operates primarily in the United States, with additional presence in Canada and Mexico. The company has not reported any recent funding, indicating a stable operational model focused on delivering reliable electrical solutions.

9. Flashnet Sa

• Website: flashnet.ro
• Ownership type: Corporate
• Headquarters: Brașov, Brașov, Romania
• Employee distribution: Romania 95%, France 3%, United States (USA) 3%
• Latest funding: July 2018
• Founded year: 2005
• Headcount: 51-200
• LinkedIn: flashnet-brasov

Flashnet Sa, founded in 2005 and based in Brașov, Romania, is a technology company that specializes in intelligent energy management systems and smart city solutions. With a workforce of approximately 73 employees, Flashnet focuses on developing advanced hardware and software solutions tailored for municipalities and energy providers. Their flagship products include inteliLIGHT, a remote management system for street lighting; inteliCITY, a centralized city management platform; and inteliGRID, a comprehensive smart grid solution aimed at enhancing energy distribution and integrating renewable energy sources. Flashnet has made significant strides in the smart city and smart grid sectors, participating in various international events and receiving recognition for their innovative solutions. The company operates primarily in Romania, with a small presence in France and the USA, and has been involved in projects that aim to improve urban infrastructure and energy efficiency.

10. Networked Energy Services (NES) Corporation

• Website: networkedenergy.com
• Ownership type: Private
• Headquarters: San Jose, California, United States (USA)
• Employee distribution: Poland 38%, United States (USA) 24%, India 17%, Other 21%
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: networked-energy-services-nes-corporation

Networked Energy Services (NES) Corporation, based in San Jose, California, is a technology provider that specializes in smart grid solutions for utilities. Established in 2014 as a spinoff from Echelon Corporation’s Grid Modernization Division, NES has quickly positioned itself as a key player in the smart energy sector. The company offers a range of products and services, including energy applications, security applications, and smart devices, all aimed at improving the efficiency and reliability of energy grids. NES's technology is utilized by utilities worldwide, with a notable presence in various countries, including Poland, France, and Austria. Their smart grid solutions are designed to help utilities modernize their energy systems, enhance operational performance, and integrate clean energy sources. With a focus on cybersecurity, NES ensures that their smart grid technologies are secure from emerging threats, which is increasingly vital in today's digital landscape. The company operates R&D centers in multiple locations, including Silicon Valley and Poland, and has a workforce that spans several countries, reflecting its global reach and commitment to innovation in the energy sector.

11. Consert, Inc.

• Website: consert.com
• Ownership type: Corporate
• Headquarters: San Antonio, Texas, United States (USA)
• Latest funding: February 2013
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: consert-inc.

Consert, Inc., based in San Antonio, Texas, is an energy management company that focuses on smart metering solutions. Founded in 2008, the company provides a range of products and services aimed at assisting utility companies in modernizing their operations. Their offerings include advanced metering technology, grid management solutions, and software services tailored specifically for the energy sector. Consert's technology is designed to enhance customer engagement and improve energy management efficiency. Despite their contributions to the industry, the company has not reported any funding since 2013, which may impact their ability to innovate and expand their market presence.

12. Utilidata

• Website: utilidata.com
• Ownership type: Venture Capital
• Headquarters: Ann Arbor, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series C, $60.3M, April 2025
• Founded year: 2012
• Headcount: 51-200
• LinkedIn: utilidata-inc-

Utilidata, founded in 2012 and based in Ann Arbor, Michigan, is a technology company that specializes in artificial intelligence solutions for the electric grid. Their flagship product, the Karman platform, integrates AI into existing utility infrastructure, enabling providers to optimize operations and enhance reliability. Utilidata's technology captures high-quality data at the meter level, allowing utilities to make informed, real-time decisions. The company collaborates with industry leaders such as NVIDIA and Aclara to advance energy technology, focusing on applications that improve grid management and decision-making processes. Recently, Utilidata secured $60.3 million in Series C funding, indicating strong investor confidence in their innovative approach to smart grid solutions. Their ongoing projects and partnerships highlight their commitment to transforming the electric grid into a more efficient and resilient system.

13. VP.Start

• Website: vpstart.com
• Ownership type: Private
• Headquarters: Phnom Penh, Phnom Penh, Cambodia
• Employee distribution: Cambodia 100%
• Founded year: 2014
• Headcount: 201-500
• LinkedIn: vpstartechnology

VP.Start Technology, founded in 2014 and based in Phnom Penh, Cambodia, is a private company that specializes in technology solutions with a strong emphasis on smart grid systems, home automation, and cloud services. The company caters to utility companies, municipalities, and consumers, aiming to enhance energy efficiency and improve the overall quality of life. VP.Start has made significant strides in the Cambodian energy sector, providing innovative solutions that address the unique challenges of electrification and grid modernization. Their product offerings include a variety of smart grid systems such as DRC solutions for auto reclosers and load break switches, as well as management software that facilitates real-time monitoring and control of energy distribution. The company prides itself on its customer-centric approach and commitment to sustainable practices, positioning itself as a key player in the ongoing transformation of Cambodia's energy infrastructure.

14. Esyasoft Holding

• Website: esyasoft.com
• Ownership type: Private
• Headquarters: Dubai, Dubai, United Arab Emirates (UAE)
• Employee distribution: India 84%, United Arab Emirates 14%, Other 2%
• Latest funding: Other (Grant), $7,000, October 2020
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: esyasoft-technologies-pvt-ltd

Esyasoft Holding, founded in 2014 and based in Dubai, UAE, is an energy technology company that specializes in smart grid solutions and analytics. With a workforce of around 388 employees, the company focuses on providing innovative products and services to energy utilities. Their offerings include a Smart Grid Suite designed for the digital transformation of energy distribution grids, IoT products for modernizing utility operations, and analytics powered by artificial intelligence. Esyasoft has made a notable impact by connecting over 25 million endpoints globally and reducing carbon emissions by approximately 1.1 million tonnes annually. The company has also received funding, with a reported grant in 2020, which supports their ongoing projects and initiatives in the energy sector.

15. NovaTech LLC

• Website: novatechweb.com
• Ownership type: Private
• Headquarters: Quakertown, Pennsylvania, United States (USA)
• Founded year: 1982
• Headcount: 201-500
• LinkedIn: novatech-llc

NovaTech LLC, based in Quakertown, Pennsylvania, is a private technology manufacturer founded in 1982. The company specializes in automation solutions tailored for electric utilities, providing a range of products that include grid automation systems, power measurement devices, and precision timing solutions. Their technology is integral to enhancing operational efficiency and reliability in power distribution, catering to a clientele that includes electric utilities and renewable energy providers. NovaTech's commitment to quality is reflected in their 10-year no-hassle warranty and their pledge to manufacture all products in the USA. The company is also focused on sustainability, as indicated by their net zero commitment. With a workforce of approximately 152 employees, NovaTech continues to innovate and adapt to the changing demands of the energy sector, positioning itself as a significant contributor to the smart grid technology landscape.

16. National Energy Center

• Website: nec-oman.com
• Ownership type: Private
• Headquarters: Muscat, Muscat Governorate, Oman
• Employee distribution: Oman 100%
• Founded year: 2015
• Headcount: 501-1000
• LinkedIn: national-electricity-and-energy-center

National Energy Center (NEC), established in 2015, operates out of Muscat, Oman. This semi-government entity specializes in innovative solutions tailored for the utility sector, with a strong emphasis on renewable energy and smart metering technologies. NEC aims to enhance operational efficiency for utility distribution companies in Oman by providing customized end-to-end solutions. Their services include smart metering, IoT applications, and consultancy in utility management. The company has made significant strides in integrating global expertise into the local market, positioning itself as a competitive player in the utility sector. NEC is recognized for its commitment to sustainability and customer satisfaction, continuously exploring opportunities within the Gulf Cooperation Council (GCC) region.

17. Hitachi ABB Power Grids

• Website: hitachiabb-powergrids.com
• Ownership type: Corporate
• Headquarters: Zurich, Zurich, Switzerland
• Employee distribution: United States (USA) 24%, Switzerland 10%, Sweden 10%, Other 56%
• Latest funding: $9.0B, June 2020
• Founded year: 2000
• Headcount: 10001+
• LinkedIn: hitachipg

Hitachi ABB Power Grids, based in Zurich, Switzerland, is a prominent player in the energy solutions sector. Founded in 2000, the company focuses on power generation, transmission, and distribution, providing a wide array of products and services tailored for utilities and industrial sectors. Their portfolio includes electrical equipment, digital solutions, and consulting services aimed at enhancing energy efficiency and integrating renewable energy sources. Hitachi ABB Power Grids is particularly noted for its advancements in high-voltage direct current (HVDC) technology, which plays a critical role in modernizing power grids. The company is also committed to sustainability, as evidenced by its EconiQ consulting services that help clients improve their environmental performance. With a significant workforce and a global presence, Hitachi ABB Power Grids is well-positioned to address the evolving challenges of the energy sector.

18. Gridspertise

• Website: gridspertise.com
• Ownership type: Private Equity
• Headquarters: Rome, Lazio, Italy
• Employee distribution: Italy 78%, Brazil 13%, Spain 5%, Other 4%
• Latest funding: $293.4M, October 2022
• Founded year: 2021
• Headcount: 201-500
• LinkedIn: gridspertise

Gridspertise, based in Rome, Italy, is an energy technology company that emerged from the Enel Group in 2021. With a workforce of around 334 employees, the company focuses on providing digital solutions for electricity distribution networks. Their offerings include smart metering systems and services aimed at digitalizing grid operations, which are essential for utilities and distribution system operators. Gridspertise operates globally, serving clients in both developed and developing countries, and has a notable presence in Italy, Brazil, and Spain. The company has successfully deployed over 100 million smart meters worldwide, showcasing its capability in large-scale implementations. In October 2022, Gridspertise secured funding of approximately $293 million, which underscores its growth trajectory and the confidence investors have in its mission to accelerate the transition to sustainable energy systems. Their solutions are designed to enhance the efficiency and reliability of energy systems, making them a key player in the smart grid technology sector.

19. dVentus Wind Technologies

• Website: dventus.com
• Ownership type: Venture Capital
• Headquarters: Addis Ababa, Addis Ababa, Ethiopia
• Employee distribution: Ethiopia 100%
• Latest funding: Other (Grant), $842,000, December 2014
• Founded year: 2005
• Headcount: 51-200
• LinkedIn: dventus-technologies

dVentus Wind Technologies PLC, based in Addis Ababa, Ethiopia, is an energy technology company that specializes in smart grid solutions and energy efficiency products. Founded in 2005, the company has developed a range of innovative products designed to enhance the operational efficiency of utility companies. Their offerings include smart electric meters, smart water meters, and comprehensive system solutions that facilitate better utility management and customer service. dVentus is committed to creating localized innovations that cater to the specific needs of the Ethiopian energy sector. They have also engaged in various initiatives, such as hosting workshops for African utility leaders and launching pilot programs to test their smart metering technologies. This proactive approach demonstrates their dedication to advancing smart grid technology in the region.

20. Cuculus

• Website: cuculus.com
• Ownership type: Family Owned
• Headquarters: Erfurt, Thuringia, Germany
• Employee distribution: Germany 63%, India 28%, United Kingdom (UK) 2%, Other 7%
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: cuculus-gmbh

Cuculus GmbH, founded in 2007 and based in Erfurt, Germany, is a family-owned software company that specializes in providing innovative solutions for utility providers. With a workforce of around 171 employees, Cuculus focuses on enhancing the operational efficiency of utility companies in the energy, water, and gas sectors. Their primary offering, the ZONOS IoT Platform, is a robust tool that enables the management of smart metering and grid operations. This platform supports the integration of various smart meters and communication technologies, allowing utility companies to process vast amounts of data efficiently. Cuculus is dedicated to addressing the challenges faced by utilities today and in the future, emphasizing the importance of digitalization in the energy sector. Their commitment to sustainability and resource protection further underscores their relevance in the smart grid technology space.

21. Inhemeter CO.,LTD.

• Website: inhemeter.com
• Ownership type: Private
• Headquarters: Shenzhen, Guangdong, China
• Employee distribution: China 91%, Colombia 3%, Bangladesh 3%, Other 3%
• Founded year: 2009
• Headcount: 1001-5000
• LinkedIn: inhemeter-co.-ltd.

Inhemeter CO.,LTD., founded in 2009 and headquartered in Shenzhen, Guangdong, China, is a private company that specializes in smart power distribution solutions. With a workforce of around 1,000 employees, Inhemeter focuses on the research, development, and manufacturing of smart meters and energy management systems. The company serves a global clientele, including power companies and utilities, providing integrated solutions that enhance energy efficiency and service delivery. Inhemeter's product offerings include smart meters, advanced metering infrastructure (AMI) systems, and various energy management solutions. They have established a significant presence in international markets, having supplied millions of smart meters to countries such as Kenya and South Africa. Their commitment to innovation is evident in their ongoing development of technologies that support the transition to smart energy systems, making them a notable player in the smart grid technology sector.

22. Netcontrol Group

• Website: netcontrol.com
• Ownership type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Employee distribution: Finland 54%, Sweden 29%, Norway 9%, Other 9%
• Latest funding: August 2018
• Founded year: 1991
• Headcount: 51-200
• LinkedIn: netcontrol-oy

Netcontrol Group, founded in 1991 and headquartered in Helsinki, Finland, is a private equity-backed company that specializes in energy solutions tailored for electricity networks. With a workforce of approximately 93 employees, the company provides a range of products and services that include control centers, utility communication, and automation services. Their primary clientele consists of power utilities and energy operators who depend on Netcontrol's expertise to implement intelligent grid solutions. These solutions are designed to enhance operational efficiency and security, addressing the growing need for reliable energy management. Netcontrol's product offerings also extend to renewable generation, transmission and distribution, and district heating, showcasing their involvement in various aspects of the energy sector. The company operates internationally, with a significant presence in Finland, Sweden, Norway, Latvia, and the UK, and has established partnerships to further its reach in the market.

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