Toumetis, founded in 2009, develops predictive analytics for the electrical distribution industry. Its technology combines applied machine learning with physics-based algorithms to predict equipment failures in power distribution networks before outages occur. The company's core product, the Cascadence platform, is described as the first industry-proven solution of its kind. Toumetis partners with some of the largest distribution companies globally and counts Fortune-1000 firms among its customers.
The company's work spans technical domains including machine learning, data engineering, cloud computing, IoT solutions, and frontend development. Its solutions have significant real-world implications, from preventing large-scale power outages to mitigating wildfire risks caused by electrical infrastructure failures. The work involves surfacing insights that can transform business operations for utility companies.
Toumetis is headquartered in Boise, Idaho, with an additional office in Bristol, United Kingdom.
