Utilities face several challenges: expanding and growing the grid, repairing disaster struck areas, and providing data where and when people need it. This all comes at a time when projects are becoming more complex in an industry that needs to consider multi-agency planning.
The solution comes in the form of AI (artificial intelligence) and digital twins. Consider the example of Looq AI, which is a hardware-enabled AI company that has developed a new camera AI technology.
The Looq platform is a deep technology stack, with a proprietary Q camera system. This allows data to be captured in the field that then gets processed with Looq’s AI-based image-to-model software in the cloud. Ultimately, this will create geo-referenced 3D digital twins and topographic maps with survey-grade accuracy and AI semantic information.
Here is how this can help:
- Capture a large amount of survey-grade data without drones or hundreds of manhours.
- Get access to the complete information needed for critical decisionmaking, while achieving operational savings.
- Simplify the process of generating geometrically precise, geo-reference, and intelligent digital twins.
Looking to the future, we know Looq AI has secured $2.6 million in seed funding, which brings its total raised to $3.75 million to date. Continue to keep an eye on this trend, as it will likely continue to grow, offering new opportunities for the digital twin in utilities.