Utiltyx is a software development company focused on modernizing power grid infrastructure and enabling the safe, secure, and reliable transfer of electricity. Utiltyx builds tools and technologies designed to transform today's power grids into dynamic marketplaces, with the long-term vision of supporting transactive energy services.
Their core offerings are geared toward enhancing grid operations and preparing utilities and energy markets for a future where electricity becomes a tradable resource, much like oil in previous eras. Utiltyx's solutions aim to help grid operators, utilities, and energy technology stakeholders manage the increasing complexity of distributed energy resources, grid security, and real-time transactions.
How was Utiltyx started?
Utiltyx was founded by Konda Ankireddyapalli, who serves as CEO, alongside a team with deep expertise in power systems engineering and software development. The leadership team includes Ganga Prasad (Chief Technical Engineer), Giri Prathivadi (VP of Engineering), and Ashok Dash (VP of Sales for the India Market), with strategic guidance from advisors such as Giovanni Herazo, Bala Neerumalla, Bryan Olnick, Vani Dantam, and Jim Keener. Their backgrounds collectively span grid operations, energy technology, and software solutions. Read more about the team on their About page.
Who does Utiltyx serve?
Utiltyx primarily works with utility companies, independent system operators, and energy technology firms seeking to upgrade their grid management capabilities. The company addresses the needs of organizations preparing for the transition to distributed and transactive energy models, though specific customer names have not been publicly disclosed.
What makes Utiltyx different?
Utiltyx positions itself at the intersection of power grid modernization and software innovation. By focusing on the enablement of transactive energy markets and secure, reliable electricity transfer, Utiltyx aims to help the industry move toward a future where energy is not just delivered but also actively traded and managed in real time.
Where is Utiltyx based and how big is the company?
Utiltyx is headquartered in Milpitas, California, United States, and operates as a privately held company with a team size of 11-50 employees.
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