Energy storage firm Socomec plans to bring artificial intelligence (AI) powered lithium-ion battery management systems to market after acquiring battery analytics software company PowerUp.
The company’s battery analytics solution is undergoing pre-commercialisation pilots with customers from both firms. It’s due to be market ready by January 2026.
The technology improves safety and performance of lithium-ion batteries used in utility, commercial, and industrial applications such as UPS markets, say Socomec.
Preventing battery degradation and extending the lifespan of battery-powered assets by up to ‘several years’ increases return on investment. Useful for companies wanting to integrate renewable energy, optimise electric vehicle charging infrastructure, and enhance microgrid stability.
PowerUp’s cloud-based platform combines AI with decades of battery research. It’s patented algorithms then detect potential safety issues and identifies battery degradation and anomalies.
The French company’s data-driven analytics can asses a battery’s State of Charge (SoC) within ±2% over a battery’s lifetime, and its State of Health (SoH) at module and rack levels.
Accuracy is key for asset owners wanting to avoid inaccurate reporting, potential financial losses, and even regulatory penalties.
Philippe de La Fortelle, Chief Revenue Officer at PowerUp, said: “There are strong synergies between PowerUp and Socomec across our service offerings for utility, commercial, and industrial customers.
“These synergies will generate clear value-added strategies for both companies and our respective customer bases.”
