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Stock impact report

Bidgely Quadruples Revenue for AI-Powered EV Intelligence and Grid Solutions in 2024 [Yahoo! Finance]

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: Yahoo! Finance
LOS ALTOS, Calif., December 12, 2024 BUSINESS WIRE Bidgely , a leading global energy intelligence company, drove momentum for profitability in 2024 by quadrupling revenue for its grid products. This included a rise in demand for the company's EV Intelligence and Load Management solutions, which enabled utilities to reduce peak EV charging through more targeted load shifting. Bidgely also experienced a significant increase in its Behind-the-Meter Analytics for program recruitment and enrollment strategies as well as achieving strong tailwinds for its customer engagement (CX), time-of-use (TOU) and energy efficiency (EE)/Home Energy Reports (HERs) solutions. Recognized as one of the world's most innovative Applied AI companies , Bidgely continued to break down silos between utility consumer and grid operations in 2024, unifying customer engagement, grid modernization, and load management. "AI is revolutionizing how utilities leverage data to make informed decisions, helping them na Show less Read more
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