DataThings

What DataThings does

DataThings S.A. is a Luxembourg-based private company founded in 2017 by four researchers from the University of Luxembourg/SnT to commercialize GreyCat, a proprietary technology platform for analyzing large-scale time-evolving data in real-time. GreyCat is engineered as a minimal-footprint analytics and machine learning engine (10Mb disk footprint) that runs in complete isolation on commodity hardware or scales to large data centers, and is positioned as fully European-made. The company builds specialized applications on top of GreyCat, most notably KOPR, a Smart Grid AI Twin deployed at Creos Luxembourg to monitor and optimize electricity distribution across 330K+ delivery points and 45B+ annual meter readings.

DataThings monetizes through a mix of custom software development, consultancy (data strategy, AI Value Discovery Analysis), professional training, and participation in Luxembourg government programs (Fit4AI, SME Digital & AI Packages, AI4Gov) for SMEs and public bodies. Additional revenue streams include subscription licensing for KOPR to utility operators and sub-contractor roles in EU H2020 research and development projects (bIoTope, InterQ). Customers span energy (Creos, Enovos), manufacturing (Ceratizit, CEBI, Paul Wurth), automotive (CEBI), banking (BGL BNP Paribas), healthcare (CNS, B Medical Systems), and public administration (STATEC, Grand Lyon Metropole), reached through direct enterprise sales, government-subsidized programs, and a technology partnership with LuxProvide for HPC scaling.

The company operates with 1-10 employees from Luxembourg, holds the FEDIL Innovation Award 2024 in the Data & AI Category for KOPR, and is privately controlled by its four co-founders (Gregory Nain, François Fouquet, Assaad Moawad, Thomas Hartmann) with corporate investment from Luxembourg institutions including BGL BNP Paribas and Paul Wurth. No revenue, ARR, or external funding rounds are publicly disclosed.

Name

DataThings

Legal name

DataThings S.A.

Website

https://datathings.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

DataThings is a Luxembourg-based machine learning company founded in 2017 that builds GreyCat, a proprietary real-time analytics platform, and KOPR, a deployed Smart Grid AI Twin for energy utilities, serving enterprise and government clients across energy, manufacturing, and public sectors.

Ownership category

akta.pro rank

Product category

Real-Time Analytics and Digital Twin Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Other Computer Related Services (541519)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

End-to-End MLOps & ML Platform Suites (HDAAABAA)

akta.pro secondary industries

AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ), Data Engineering, Integration & ETL/ELT Services (BPAEAHAB), Data, Analytics & AI Training (BI, Data Engineering, ML/GenAI) (BPAEANAH), Data & Analytics Operations Outsourcing (DataOps / MLOps) (BPAEAMAH)

Keywords

• Real-time data analytics
• Digital twin technology
• Machine learning platform
• Predictive analytics software
• AI consultancy services

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Custom Software Development: Development of efficient software solutions for customers to boost operations with data analytics and machine learning. Solutions are tailored to fit customer operations.
2. Consultancy Services: Support to define data strategy, finding where and how data could be leveraged. Advanced data analytics, machine learning, and AI consultancy services.
3. Professional Training: Professional trainings on software engineering, programming, GreyCat technology, and AI Value Discovery Analysis (AIVDA) methodology. Trainings are eligible to state aid for continuous training.
4. Fit4AI Consulting: Accredited by LuxInnovation to consult on Fit4AI program - provides global evaluation where AI can be used in business processes. Maximum budget of 50K€ for small enterprises and 100K€ for medium enterprises, supported 50% by the state.
5. SME Digital & AI Packages: Acts as contractor for SME Packages proposed by House of Entrepreneurship, particularly Digital and AI packages supporting projects between 3K€ and 25K€.
6. RDI Project Support: Sub-contractor in RDI projects for various industries, providing software architecture, development, ML/AI consultancy and deployment support.
7. KOPR Smart Grid AI Twin: Digital twin product for distribution grid operators, enabling monitoring, optimization, and prediction of energy grid behavior. Licensed to utility companies.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

DataThings develops and commercializes GreyCat, a proprietary real-time analytics and machine learning technology platform built to process large-scale, time-evolving data on commodity hardware. Built on GreyCat, the company delivers specialized digital twin products such as KOPR (Smart Grid AI Twin for energy distribution operators) and provides custom software development, AI consultancy, and professional training services for energy, manufacturing, automotive, healthcare, financial, and public sector organizations.

Product overview

DataThings offers a portfolio centered around its core GreyCat technology platform, a time series and graph analytics engine for real-time operational decision-making. Built on GreyCat, the company delivers specialized applications including KOPR (a Smart Grid AI Twin for energy distribution management), AIXpert (a general-purpose data analytics and machine learning platform), and TrendXpert (fashion domain analytics). The GreyCat platform serves as the foundational technology enabling digital twin creation, continuous learning, and big data analytics across these solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Kopr: Smart Grid AI Twin - a digital twin platform for distribution grid operators to monitor, analyze, and optimize energy distribution networks. Supports transition towards smarter grids and accelerated energy transition.
• GreyCat

Products and services

• GreyCat Flagship proprietary technology platform for efficiently analyzing large-scale time-evolving data in real-time. Designed as a toolset to develop customized operational decision-making tools, capable of running on big data centers or commodity hardware with a 10Mb disk footprint. Runs in complete isolation, independent from any other technology, and made 100% in Europe.
• KOPR - Smart Grid AI Twin Digital twin application for distribution grid operators that provides a real-time representation of the physical energy grid, aggregates and visualizes data from GIS, ERP, metering, and real-time sensors. Scales to millions of grid elements and billions of metering measurement points per year. Licensed/subscribed by utility companies such as Creos Luxembourg managing 330K+ points of delivery and 45B+ meter readings annually.
• AIXpert General-purpose data analytics and machine learning application platform built on GreyCat for predicting, classifying models, and detecting patterns in time series data.
• TrendXpert Data science and machine learning application in the fashion domain that extracts information from client data to achieve well-defined analytics and trend prediction goals.
• Custom Software Development Bespoke development service for efficient software solutions that integrate data analytics and machine learning into customer operations, with solutions tailored to fit existing operations rather than the reverse.
• Consultancy Services Advisory services to define data strategy, identify where and how data can be leveraged, and provide advanced data analytics, machine learning, and AI guidance for organizations seeking operational improvements.
• Professional Training Professional training services on software engineering, programming, GreyCat technology, and the AI Value Discovery Analysis (AIVDA) methodology. Trainings are eligible for state aid for continuous training.

Quantifiable outcome

• Monitoring, analysis, and profiling of 45+ billion meter readings per year
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core, flagship and major.

• LuxProvidecoreTechnology or IntegrationDataThings and LuxProvide partner to offer customers seamless and efficient scaling. The partnership enables all applications made with GreyCat technology to natively leverage High Performance Computing power of MeluXina. LuxProvide technical teams support integration for large scale live data analytics and deep simulations, even in domains with sensitive data. Packaged offers expected within months for businesses to securely try ML solutions.
• Creos LuxembourgflagshipTechnology or IntegrationKOPR smart grid AI twin successfully deployed at Creos Luxembourg after years of joint development. Creos is using KOPR to monitor and optimize its electricity distribution network, predict potential problems, and ensure reliable energy supply to customers. Represents major step in Creos' AI and digital transformation for the energy sector.
• FNR (Fonds National de la Recherche)coreStrategic or Co-development PartnerLuxembourg National Research Fund supports DataThings through Industrial Fellowship PhD and PostDoc programs, as well as various research projects.
• IraSMEmajorStrategic or Co-development PartnerEuropean research initiative supporting TrendXpert and Minerva projects in which DataThings participates.
• EU H2020 ProgrammecoreStrategic or Co-development PartnerDataThings participates in multiple Horizon 2020 projects including bIoTope and InterQ. The InterQ project focuses on zero-defect manufacturing by leveraging data throughout the manufacturing chain. DataThings contributes computer vision approaches and digital twin expertise.
• CEBI LuxembourgmajorTechnology or IntegrationDataThings works with Cebi Luxembourg S.A., a supplier for the automotive industry, on computer vision projects for detecting defective soldering points on temperature sensors using machine learning approaches.
• University of Luxembourg/SnTcoreStrategic or Co-development PartnerDataThings co-founders developed GreyCat through years of successful cooperation at University of Luxembourg/SnT. Company maintains ongoing collaboration through PhD programs and research projects like CV2I Lab.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Uptake: Uptake is an industrial AI and asset performance platform serving energy, rail, and manufacturing customers with predictive analytics and digital twin capabilities. It directly overlaps with DataThings' GreyCat-based industrial and energy analytics offering and serves similar enterprise customers with comparable ML-driven asset optimization use cases.
• SparkCognition: SparkCognition provides AI solutions for industrial asset management, predictive maintenance, and anomaly detection across energy, manufacturing, and defense. It is a direct peer in industrial AI and digital twin technology with overlapping customer use cases and a similar enterprise/industrial go-to-market motion.
• Augury: Augury is an AI-driven machine health and process optimization platform for manufacturing and industrial customers, combining sensor data, anomaly detection, and ML. It directly overlaps with DataThings' manufacturing QA, computer vision, and predictive analytics capabilities.
• TWAICE: TWAICE provides battery analytics and digital twin technology for energy and mobility customers, leveraging ML on large operational datasets. It is comparable to KOPR's energy-sector digital twin approach—focused on real-time analytics for physical energy systems with similar enterprise customer profiles in utilities and mobility.
• EnergyHub: EnergyHub provides a distributed energy resource management (DERM) platform for utilities, aggregating and orchestrating smart devices and grid assets. It is comparable to KOPR's grid monitoring and optimization focus for distribution system operators facing renewable and EV-driven complexity.
• Litmus Automation: Litmus (Litmus Automation) provides an edge data platform for industrial customers to collect, process, and analyze machine data on the factory floor, with MLOps and digital twin capabilities. It is comparable to DataThings' GreyCat in targeting real-time industrial data analytics on commodity/edge hardware with similar multi-source data integration.
• Bidgely: Bidgely is an energy analytics platform using ML on smart meter and grid data for utilities. It is comparable to KOPR in applying AI to high-volume metering and grid data for distribution system operators, addressing similar smart grid and energy transition use cases.

Emerging players

• Falkonry: Falkonry provides an AI-based time-series anomaly detection and predictive analytics platform for industrial operations without requiring data science expertise. It overlaps with DataThings' anomaly detection and predictive analytics capabilities for industrial customers and similar pattern-recognition use cases on operational time-series data.
• Presenso: Presenso (acquired by Dingo) provided AI-driven anomaly detection for industrial assets, applying unsupervised ML to sensor data for predictive maintenance. It is comparable to DataThings' anomaly detection and predictive analytics capabilities applied to industrial IoT/sensor data.

Broad incumbents

• C3.ai: C3.ai is a large, publicly-listed enterprise AI software platform provider offering pre-built AI applications for industrial, energy, manufacturing, and financial customers. It is a broad incumbent in the same enterprise AI/digital-twin space where DataThings competes, though C3.ai targets much larger enterprise customers with a broader application suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/DataThingsLu
• LinkedInlinkedin.com/company/datathings

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

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 DataThings