DNV Acquires ANB Systems to Enhance Digital Energy Management

Photo courtesy of DNV.

DNV (Høvik, Norway), an independent energy expert and assurance provider, has announced the acquisition of ANB Systems (Houston, Texas, USA). ANB operates as a prominent software as a service (SaaS) company, providing energy program services to utility and regulatory body customers. 

According to the company, this strategic move is part of DNV’s ongoing commitment to support customers in leading and accelerating the energy transition. Energy efficiency and energy management play a critical role in the transition, since using less energy is one of the easiest and cheapest ways to reduce carbon emissions. 

By integrating ANB’s business process management software with DNV’s expertise, DNV says it aims to facilitate a journey towards decarbonized, safe, and efficient energy systems. 

“Energy efficiency is one of the defining features of the energy transition and the acquisition of ANB, with its strong focus on quality software solutions, will strengthen and expand our offerings in energy management and related services particularly in North America,” says Remi Eriksen, group president and CEO. “On behalf of DNV and our customers, I look forward to welcoming ANB’s 223 experts into the company.”

“The collaboration between DNV and ANB will bring together two world-class teams, combining insights and experience to deliver comprehensive solutions to customers,” adds Ditlev Engel, CEO of DNV’s energy systems business. Together, DNV and ANB Systems are committed to accelerating the transition towards decarbonized, safe, and smart energy systems, enabling a sustainable future for all.”

Founded in 1997, ANB Systems has gained expertise in developing digital solutions that simplify, automate, and standardize processes for energy efficiency, electric vehicles, distributed generation, interconnection, and line and pole management. Powered by artificial intelligence (AI) and machine learning, ANB’s platform offers advanced capabilities that improve user experience, ensure data robustness, and provide deep insights across utility portfolios. 

With AI integration, ANB’s software enables efficient anomaly detection, streamlined workflows, and enhanced customer service interactions, according to DNV’s announcement.

This acquisition is designed to enable DNV to leverage ANB’s ready and configurable solutions, allowing utility and government customers to swiftly deploy and manage multiple energy schemes. Ultimately, the objective is to expedite time-to-market while enhancing integration with existing portfolios.

“ANB has grown steadily across its software products, its services, and its customers, through its configurable and scalable low-code proprietary software platforms,” says S. Balakrishnan, CEO of ANB Systems. “The acquisition by DNV will provide us with the resources for product development and operations, as well as give us global market reach. Most importantly, this will give us the resources to ensure we continue providing excellent customer implementation and support via our successful ReSULTS framework.”

Over the years, DNV says it has forged a long-standing partnership with ANB. In this partnership, the two companies have collaborated on numerous engagements, leading to a thorough assessment of the market for clean energy program software platforms. 

“Just over a year ago, the Inflation Reduction Act was introduced in the United States, bringing major opportunities to accelerate the energy transition on both the supply and demand side,” says Richard S. Barnes, executive vice president and regional director of DNV’s energy systems business in North America.

“I believe the timing to acquire ANB is perfect, as we seek to capitalize on the opportunities ahead and support our clients in achieving their sustainability goals,” Barnes adds. “DNV’s energy transition outlook (ETO) report highlights that efficiency, and electrification will be a major driver to cutting carbon emissions over the next two decades. The successful implementation of a wide range of energy programs in North America are crucial to this effort.”

DNV says its deep and broad expertise in implementing, advising, and supporting clients in various sectors of the energy transition will empower customers to take advantage of new opportunities—particularly when combined with ANB’s innovative software.

Source: DNV, www.dnv.com