Vestas will fully integrate its wholly-owned energy analytics solution provider, Utopus Insights, into its internal structure. This integration, scheduled for January 2024, involves Utopus Insights' technology and a large part of its team becoming part of Vestas' updated digital organisation.
The aim is to enhance Vestas' digital solutions for asset management, focusing on improved forecasting and plant analysis capabilities. The integration will also leverage the Scipher platform to enhance efficiency in Vestas' service business through predictive maintenance activities. While Vestas will continue to support Utopus Insights' existing commercial commitments, any new commercial activities from Utopus Insights will be managed by Vestas. Utopus Insights, founded in 2017 and acquired by Vestas in 2018
, operated independently but closely collaborated with the Vestas organisation. With this integration, Utopus Insights will no longer maintain a separate legal entity.