Open Energy Solutions

What Open Energy Solutions does

Open Energy Solutions (OES), founded in 2016 and headquartered in Santa Clara, California, is a privately held technology company focused on grid-edge interoperability and distributed energy resource (DER) integration for electric utilities. The company's core products are the OpenFMB Adapter Toolkit, an open-source adapter providing peer-to-peer communications across grid devices compliant with the OpenFMB data model v2.1, and the OpenDSO (Open Distributed Systems Operations) Portfolio, a utility-led, near real-time grid-edge enablement portfolio covering interoperability, edge intelligence, and application management services. The OpenFMB Adapter has been tested across numerous types of end devices, gateways, and grid systems from various vendors.

OES generates revenue through two streams: software solutions (including subscription/recurring arrangements tied to the OpenDSO portfolio and the OpenFMB Adapter ecosystem) and conventional consulting services supporting grid transformation. The go-to-market is enterprise sales-led, targeting U.S. utilities directly through website engagement and strategic partnerships. Notable partners include Duke Energy (NYSE: DUK), with whom OES co-developed OpenFMB Adapter v2.1, and DTE Energy, which hosted the UCA International Users Group's OpenFMB PlugFest 3.0 in Detroit in May 2024. OES operates as a significant contributor to the UCA International Users Group's OpenFMB Users Group, which is shaping emerging standards for grid-edge interoperability.

The company is small (11-50 employees) and bootstrapped beyond a single $3M funding round in December 2018. There is no public revenue disclosure, no parent company, no M&A activity, and no AI/ML capability evidence in the available data. Ownership structure is not disclosed, and the firm operates without venture or private equity backing in the available record.

Name

Open Energy Solutions

Legal name

Open Energy Solutions

Website

https://openenergysolutionsinc.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Open Energy Solutions (OES) is a privately held Santa Clara-based technology firm that provides grid-edge interoperability software (OpenFMB Adapter, OpenDSO Portfolio) and consulting services to electric utilities, including Duke Energy and DTE Energy, enabling DER integration and distributed intelligence at the distribution grid edge.

Ownership category

akta.pro rank

Product category

Grid Edge Software for Utilities

NAICS

Computer Systems Design and Related Services (54151), Electric Power Transmission, Control, and Distribution (22112), Custom Computer Programming Services (541511)

SIC

Services-Computer Integrated Systems Design (7373), Electric Services (4911)

akta.pro primary industry

Customer Grid-Edge Enablement Services (HEMS/DR Device Integration, VPP Enablement) (EUAEANAL)

akta.pro secondary industries

Remote Operations, Control Room & Digital O&M (Monitoring, Diagnostics) (EUAEAGAM), SCADA/DMS/OMS Integration, Upgrades & Managed Services (EUAEANAE)

Keywords

• Grid edge software
• Utility interoperability
• Distributed energy resources
• Grid modernization
• Edge intelligence

Headquarters

HQ city

Santa Clara

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Software Solutions: Provides software products including OpenFMB Adapter and OpenDSO portfolio for utility grid transformation
2. Consulting Services: Conventional consulting services to support grid transformation, leveraging delivery expertise and diverse skills and experience

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Open Energy Solutions (OES) develops and sells grid-edge software products and provides consulting services to electric utilities. Its core offerings are the OpenFMB Adapter Toolkit, an open-source peer-to-peer communications adapter for grid device interoperability, and the OpenDSO (Open Distributed Systems Operations) Portfolio, a utility-led, near real-time, grid-edge enablement portfolio supporting interoperability, edge intelligence, and application management services. The company supplements these software products with conventional consulting services for grid transformation.

Product overview

Open Energy Solutions (OES) offers a platform-plus-modules architecture centered on grid-edge interoperability and edge intelligence for the utility industry. The core offerings include the OpenDSO (Open Distributed Systems Operations Portfolio) — a utility-led, near real-time, grid-edge enablement portfolio — and the OpenFMB Adapter ecosystem, which provides peer-to-peer communications for grid device interoperability. These are complemented by software solutions leveraging the Grid Edge Enablement Portfolio and conventional consulting services for grid transformation. The OpenFMB Adapter is available as an open source toolset, while the OpenDSO portfolio provides edge intelligence and application management services.

Differentiator

Problem solved

Functional benefit

Brands

• OpenDSO: Open Distributed Systems Operations Portfolio – a utility-led, near real-time, grid-edge enablement portfolio that enables interoperability, edge intelligence and application management services for operating the electrical grid
• OpenFMB

Products and services

• OpenFMB Adapter Toolkit Open Field Message Bus (OpenFMB) Adapter providing peer-to-peer communications technology for grid device interoperability, with associated open-source tools for customizing, configuring, deploying, and visualizing OpenFMB solutions. Compliant with v2.1 of the OpenFMB data model. Targeted at electric utilities and grid operators.
• OpenDSO Portfolio

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• DTE EnergycoreStrategic or Co-development Partner · 1 May 2024DTE Energy hosted the OpenFMB PlugFest 3.0 in Detroit on May 21-23, 2024. This was the foremost event on grid edge interoperability and distributed intelligence.
• Duke EnergycoreStrategic or Co-development Partner · 1 February 2024Duke Energy partnered with OES to develop OpenFMB Adapter v2.1. The partnership implements an extensible architecture for interoperability at the distribution grid edge while enhancing capabilities for Distributed Energy Resource (DER) integration. Duke Energy is listed as NYSE: DUK.
• UCA International Users GroupcoreStrategic or Co-development PartnerOES is a significant contributor to the UCA International Users Group's OpenFMB Users Group, which organizes PlugFest events focused on grid edge interoperability and distributed intelligence standards.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Siemens Smart Infrastructure: Siemens offers full-stack grid management software (Spectrum Power, Gridscale X) and OT systems for utilities. It competes with OES at the distribution-edge and DER integration layer, with much broader scope and incumbency.
• Hitachi Energy: Hitachi Energy (formerly ABB Power Grids) provides ADMS, SCADA, and grid-edge solutions and actively participates in interoperability standards. It is a direct adjacent competitor to OES in utility grid-edge enablement.
• Schneider Electric (EcoStruxure Grid): Schneider Electric's EcoStruxure platform covers DER management, grid operations, and substation automation for utilities. Comparable to OES in serving grid transformation use cases, but as a much broader portfolio player.
• GE Vernova (GridOS / GE Digital): GE Vernova's GridOS and Grid Solutions offerings span ADMS, DERMS, and grid analytics for utilities. It competes with OES for utility IT/OT modernization budgets and participates in interoperability standards work.

Direct peers

• Itron: Itron provides smart meters, distributed intelligence, and grid-edge networking platforms for utilities. Its distributed-intelligence vision directly overlaps with OES's OpenDSO grid-edge enablement and OpenFMB interoperability approach.
• Landis+Gyr: Landis+Gyr supplies AMI, smart meters, and grid edge intelligence software to utilities globally. It is a comparable peer for grid-edge device interoperability and edge analytics software at the distribution edge.
• Trilliant Holdings: Trilliant provides smart grid communications and analytics platforms for electric utilities. It addresses similar utility grid-edge modernization and interoperability needs as OES.
• OATI: Open Access Technology International (OATI) provides energy management, distribution, and smart-grid software, including DERMS and grid-edge tools for utilities, comparable to OES's OpenDSO portfolio.

Emerging players

• AutoGrid Systems: AutoGrid (a Uplight company) provides DERMS and distributed energy resource management software for utilities. It overlaps with OES in DER integration and grid-edge intelligence, focused on the DER management layer.

Others

• Copperleaf (part of Hitachi): Copperleaf provides asset investment planning analytics for utilities and infrastructure operators. It is thematically related as an adjacent enterprise software vendor serving utility digital transformation and grid investment decisions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/open-energy-solutions-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Open Energy Solutions