Envision Digital, the pioneer in the development of digital solutions for renewable energy, the creator and manager of EnOS platform announced that it completed the acquisition of QOS Energy-an international leader in the rapidly-growing renewables Asset Performance Management (APM) category.
The acquisition ropes in the development plans of Envision Digital as the global demand for energy transition solutions continues to accelerate across all industries.
QOS Energy is a top energy management software supplier to the Commercial and Industrial (C&I) market segment and has a strong presence in solar energy in the US, Europe, and India, with a client portfolio totalling more than 10GW across 8,000 power plants.
As part of the acquisition, both the companies will integrate Qantum and QOS energy’s cloud-based energy management solution, into the Envision Digital’s product line. This empowers the company to provide all-inclusive support for renewable energy performance management and control, and to better serve customers with small and medium distributed energy systems.
The EnOS platform provides comprehensive end-to-end support for the net-zero initiatives of all industries and sizes of organisation and government, with the addition of Qantum. EnOS capabilities span not only renewable energy management, but also buildings and transportation system optimisation, compliance reporting, energy trading, EV charging systems, and carbon offset market engagement. All existing QOS Energy clients would continue to be maintained by the QOS Energy team, amplified by Envision Digital’s global support and security operations.
Envision Digital will intensify research and development investment in QOS Energy’s platform, and expand the market for QOS Energy solutions in Asia and the Americas with this acquisition, that has received FDI approval by the French government.
Maher Chebbo, the Managing Director Europe at Envision Digital said that QOS Energy has built a robust solution that its clients depend on to manage their renewable energy programs. By adding QOS energy’s solution to their portfolio, they could provide a truly complete solution for renewable energy management and better support renewable energy producers of all sizes to fast-track their net zero mission. He added that they are impressed by QOS Energy’s team and processes and their understanding of the needs of the global commercial and industrial (C&I) energy storage market and look ahead to working together.
Franck Le Breton, Co-Founder and CEO of QOS said that an essential part of their approach is to constantly adapt to the rapidly changing needs of their customers. Unifying with Envision Digital would allow them to raise their efforts and accelerate the development of value-added features to better serve their customers in making data-driven decisions at the right time to maximize their asset portfolio performance. Integrating the flexibility of their solution with the EnOS platform’s AI and IOT capabilities would bring a decisive advantage to the market to address. He further added that they are looking forward to joining the Envision Digital family.
About Envision Digital
Envision Digital is devoted to becoming the world’s leading net zero technology partner for governments, enterprises, and cities, with the goal of accelerating progress towards clean energy and refining the quality of life for humankind. Headquartered in Singapore, with offices in the United States, Germany, Norway, the Netherlands, the United Kingdom, China, France and Japan, Envision Digital provides innovative digital solutions to businesses, institutions, and governments around the world. The company’s EnOS net zero platform governs more than 220 million devices and 400 gigawatts of electricity. The company powers extremely configurable, end to end IOT solutions that use AI to reduce carbon releases and costs, improve return on capital, and simplify reporting and compliance.
About QOS Energy
QOS Energy, started in 2010, developed a flexible cloud-based solution that provides customers with advanced features for optimal data-driven decision making. With over 8000 manufacturing units under monitoring totalling 10GW and along with 10 million of sensors, QOS energy is dedicated to delivering superior revenues to their clients by maximizing revenue, reducing operational expenses, optimizing contractual KPIs, and minimizing downtimes.
QOS Energy is headquartered in Nantes, France and operates in 23 countries. The company works alongside leading renewable organizations in both Commercial and Industrial and mid-size utility scale segment of Renewable Energy market.