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Osmose and Neara Partner to Help Utilities Strengthen Transmission and Distribution Infrastructure with AI-Powered Data Insights

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Osmose and Neara have announced a strategic partnership to enhance utility infrastructure assessment and grid strengthening capabilities, with CenterPoint Energy among the first utilities to implement their combined solution. The partnership integrates Osmose's field-based asset assessment and restoration expertise with Neara's AI-powered predictive modeling platform.

The collaboration addresses key challenges in utility infrastructure management by enhancing data accuracy through field verification and AI processing, improving risk-based decision-making, and optimizing restoration strategies. The partnership promises significant benefits including:

  • Up to 70% cost savings through asset reinforcement versus replacement
  • Up to 80% faster restoration times
  • 25% more accurate asset prioritization

CenterPoint Energy is utilizing these tools to enhance storm preparedness and network reliability as part of its mission to build the most resilient coastal grid in the nation.

Osmose e Neara hanno annunciato una partnership strategica per migliorare la valutazione delle infrastrutture utilitarie e le capacità di rafforzamento della rete, con CenterPoint Energy tra i primi servizi pubblici a implementare la loro soluzione combinata. La partnership integra l'expertise di Osmose nella valutazione e nel ripristino degli asset sul campo con la piattaforma di modellazione predittiva basata su AI di Neara.

La collaborazione affronta le principali sfide nella gestione delle infrastrutture utilitarie migliorando l'accuratezza dei dati attraverso la verifica sul campo e l'elaborazione AI, migliorando il processo decisionale basato sul rischio e ottimizzando le strategie di ripristino. La partnership promette vantaggi significativi, tra cui:

  • Fino al 70% di risparmio sui costi attraverso il rinforzo degli asset rispetto alla loro sostituzione
  • Fino all'80% di tempi di ripristino più rapidi
  • 25% di priorizzazione degli asset più accurata

CenterPoint Energy sta utilizzando questi strumenti per migliorare la preparazione alle tempeste e l'affidabilità della rete come parte della sua missione di costruire la rete costiera più resiliente della nazione.

Osmose y Neara han anunciado una asociación estratégica para mejorar la evaluación de la infraestructura de servicios públicos y las capacidades de fortalecimiento de la red, con CenterPoint Energy entre los primeros servicios públicos en implementar su solución combinada. La asociación integra la experiencia de Osmose en la evaluación y restauración de activos en el campo con la plataforma de modelado predictivo impulsada por AI de Neara.

La colaboración aborda los principales desafíos en la gestión de la infraestructura de servicios públicos al mejorar la precisión de los datos a través de la verificación en el campo y el procesamiento de AI, mejorando la toma de decisiones basada en riesgos y optimizando las estrategias de restauración. La asociación promete beneficios significativos, incluyendo:

  • Ahorros de costos de hasta el 70% mediante el refuerzo de activos en lugar de su reemplazo
  • Hasta un 80% de tiempos de restauración más rápidos
  • 25% más de precisión en la priorización de activos

CenterPoint Energy está utilizando estas herramientas para mejorar la preparación ante tormentas y la fiabilidad de la red como parte de su misión de construir la red costera más resiliente de la nación.

오스모스니아라는 유틸리티 인프라 평가 및 그리드 강화 기능을 향상시키기 위한 전략적 파트너십을 발표했으며, 센터포인트 에너지가 그들의 통합 솔루션을 구현하는 첫 번째 유틸리티 중 하나입니다. 이 파트너십은 현장 기반 자산 평가 및 복원 전문성을 오스모스와 AI 기반 예측 모델링 플랫폼을 니아라와 통합합니다.

이 협력은 현장 검증 및 AI 처리를 통해 데이터 정확성을 높이고, 위험 기반 의사 결정을 개선하며, 복원 전략을 최적화함으로써 유틸리티 인프라 관리의 주요 과제를 해결합니다. 이 파트너십은 다음과 같은 중요한 이점을 약속합니다:

  • 자산 보강을 통한 최대 70% 비용 절감
  • 최대 80% 더 빠른 복원 시간
  • 25% 더 정확한 자산 우선순위 지정

센터포인트 에너지는 이러한 도구를 활용하여 폭풍 대비 및 네트워크 신뢰성을 향상시키고 있으며, 이는 국가에서 가장 회복력 있는 해안 그리드를 구축하기 위한 사명의 일환입니다.

Osmose et Neara ont annoncé un partenariat stratégique pour améliorer l'évaluation des infrastructures de services publics et les capacités de renforcement du réseau, CenterPoint Energy étant l'un des premiers services publics à mettre en œuvre leur solution combinée. Ce partenariat intègre l'expertise d'Osmose en matière d'évaluation et de restauration des actifs sur le terrain avec la plateforme de modélisation prédictive alimentée par l'IA de Neara.

La collaboration répond aux principaux défis de la gestion des infrastructures de services publics en améliorant la précision des données grâce à la vérification sur le terrain et au traitement par IA, en améliorant la prise de décision basée sur le risque et en optimisant les stratégies de restauration. Ce partenariat promet des avantages significatifs, notamment :

  • Des économies de coûts allant jusqu'à 70 % grâce au renforcement des actifs plutôt qu'à leur remplacement
  • Des temps de restauration jusqu'à 80 % plus rapides
  • 25 % de priorisation des actifs plus précise

CenterPoint Energy utilise ces outils pour améliorer la préparation aux tempêtes et la fiabilité du réseau dans le cadre de sa mission de construire le réseau côtier le plus résilient du pays.

Osmose und Neara haben eine strategische Partnerschaft angekündigt, um die Bewertung der Versorgungsinfrastruktur und die Fähigkeiten zur Netzstärkung zu verbessern, wobei CenterPoint Energy zu den ersten Versorgungsunternehmen gehört, die ihre kombinierte Lösung implementieren. Die Partnerschaft integriert die vor Ort basierte Bewertung und Wiederherstellung von Vermögenswerten von Osmose mit der KI-gestützten prädiktiven Modellierungsplattform von Neara.

Die Zusammenarbeit adressiert zentrale Herausforderungen im Management der Versorgungsinfrastruktur, indem sie die Datenqualität durch Feldverifizierung und KI-Verarbeitung verbessert, die risikobasierte Entscheidungsfindung optimiert und Wiederherstellungsstrategien optimiert. Die Partnerschaft verspricht erhebliche Vorteile, darunter:

  • Bis zu 70% Kosteneinsparungen durch Vermögensverstärkung im Vergleich zur Ersetzung
  • Bis zu 80% schnellere Wiederherstellungszeiten
  • 25% genauere Priorisierung von Vermögenswerten

CenterPoint Energy nutzt diese Werkzeuge, um die Sturmvorbereitung und die Zuverlässigkeit des Netzwerks zu verbessern, als Teil seiner Mission, das widerstandsfähigste Küstennetz des Landes aufzubauen.

Positive
  • Partnership enables up to 70% cost savings in asset management
  • Delivers 80% faster restoration times for infrastructure repairs
  • Provides 25% more accurate asset prioritization
  • Integration of field verification and AI modeling improves operational efficiency
Negative
  • None.

Insights

Osmose and Neara's strategic partnership represents a potentially significant operational efficiency improvement for CenterPoint Energy (CNP), though its immediate financial impact remains to be quantified. The collaboration aims to deliver up to 70% cost savings through asset reinforcement versus replacement and 80% faster restoration times, which could meaningfully reduce CNP's capital expenditures and operational expenses over time.

As CNP continues its initiative to build "the most resilient coastal grid in the nation," this partnership aligns with their strategic priorities. The benefits of optimized asset management are particularly valuable for coastal utilities like CenterPoint that face frequent severe weather events threatening infrastructure. By enabling more precise identification of at-risk assets and optimizing restoration efforts, the partnership should strengthen CNP's ability to maintain service continuity during storms.

While the partnership's impact won't appear in quarterly results immediately, the long-term implications for CNP's capital efficiency are promising. The ability to extend asset life through reinforcement rather than replacement could significantly reduce replacement capital costs, allowing for more strategic allocation of the company's $23B market cap resources. For utility investors focused on reliable dividends and steady growth, improvements in operational resilience and cost management directly support the sustainability of CNP's financial model and potentially improve regulatory outcomes.

This partnership addresses a critical pain point in utility operations that has substantial implications for CenterPoint Energy's infrastructure management. By combining Osmose's field verification capabilities with Neara's AI modeling, CNP gains a data accuracy advantage that has typically been elusive in the utility sector, where incomplete or outdated network information leads to suboptimal decision-making.

The 25% improvement in asset prioritization is particularly valuable for utilities with aging infrastructure spread across diverse geographic conditions. For CenterPoint specifically, improving their coastal grid resilience requires precisely this kind of granular, data-driven approach to identify vulnerable components before they fail. The partnership enables CNP to move from reactive to proactive infrastructure management by creating a continuous feedback loop between field inspections and AI-enhanced modeling.

What makes this collaboration technically significant is how it bridges the traditional gap between on-the-ground inspection data and network-wide predictive analysis. By force-ranking risk-adjusted priorities across the network, CenterPoint can deploy its maintenance resources more efficiently, addressing the highest-risk components first. The LiDAR-based modeling combined with site-specific analysis creates a more comprehensive view of infrastructure conditions than either approach alone could provide, allowing CNP to develop a more sophisticated risk management framework that accounts for both individual asset condition and system-wide interdependencies.

Osmose and Neara are teaming up to enable utilities like CenterPoint Energy to evaluate asset risk with greater precision and improve underlying network data quality and utilization.

ATLANTA, March 20, 2025 /PRNewswire/ -- Osmose, the leading provider of utility infrastructure asset assessment, restoration, and life extension solutions, and Neara, an AI-powered predictive modeling platform for utility networks, have announced a strategic partnership to help utilities better assess risk, improve data accuracy, and strengthen power grids. This collaboration will enable utilities like CenterPoint Energy to prioritize asset upgrades with greater precision and efficiency.

By combining Osmose's deep expertise in field data collection, structural analysis, and restoration solutions with Neara's advanced AI modeling, the partnership will address longstanding data quality challenges that often limit effective decision-making. Many utilities struggle with incomplete or outdated network data, leading to premature replacements or missed opportunities for cost-effective reinforcement. This joint solution enhances data accuracy, helping utilities optimize restoration efforts, reduce costs, and improve resiliency.

"By integrating Neara's AI-driven modeling with our industry-leading field services, we're giving utilities a powerful tool to make smarter, more data-driven decisions," said Mike Adams, CEO of Osmose. "Accurate asset data is the foundation for a resilient grid, and this partnership provides the precision needed to maximize reliability and performance."

The collaboration will focus on several key challenges in utility infrastructure management:

  • Enhancing data accuracy – Osmose's field teams collect and verify asset conditions on-site, ensuring utilities have the most reliable and precise structural data available. Neara's AI platform then processes and refines this data, automatically correcting and enhancing GIS records. By combining Osmose's hands-on expertise with Neara's AI-driven insights, utilities gain a clearer and more actionable understanding of their network.

  • Improving risk-based decision-making – Osmose's structural analysis and degradation models provide deep insights into asset condition and performance. Neara enhances these insights by applying predictive analytics, helping utilities quantify risk and prioritize action. Together, they enable utilities to determine which assets require immediate restoration, which can be reinforced or upgraded, and which should be replaced—eliminating costly guesswork.

  • Optimizing restoration strategies – Osmose's field-verified assessments allow utilities to target restoration and reinforcement efforts with precision. Neara's modeling further refines this process by force-ranking risk-adjusted priorities across the network. This ensures that utilities make the most cost-effective and impactful restoration decisions, strengthening infrastructure while minimizing unnecessary replacements.

"Restoration, reinforcement, and structure replacement all play key roles in strengthening distribution infrastructure," said Jack Curtis, Chief Commercial Officer at Neara. "But the most effective decision-making starts with clean, accurate data. By integrating Osmose's field expertise into our platform, we're helping utilities like CenterPoint Energy improve resiliency while optimizing costs."

CenterPoint Energy is already using the partnership's tools to enhance its storm preparedness and improve network reliability.

"At CenterPoint Energy, we are focused every day on building the most resilient coastal grid in the nation and increasing the resiliency of the communities we are privileged to serve," said Eric Easton, VP of Grid Transformation at CenterPoint Energy. "As we work to leverage technology to deliver better outcomes for our customers, we're continuing to enhance our advanced modeling capabilities, which includes collaborating with cutting-edge technology providers like Neara and Osmose to leverage data from both site-specific field analysis and LiDAR-based modeling to optimize the accuracy of individual asset analysis as well as the efficiency of our whole system modeling."

This partnership helps utilities move beyond traditional inspection cycles and embrace a more proactive, data-driven approach. The benefits include:

  • Up to 70% cost savings by reinforcing rather than replacing high-risk assets;
  • Up to 80% faster restoration, minimizing disruptions and improving reliability; and
  • 25% more accurate asset prioritization, ensuring the most critical upgrades happen first

By continuously updating asset data through field inspections and AI-driven modeling, utilities can stay ahead of potential failures and ensure their networks are stronger, safer, and more reliable.

About Osmose Utilities Services, Inc.
Founded in 1934, Osmose is the market-leading provider of critical above-grade and below-grade electric transmission and distribution asset assessment, evaluation, and restoration for electric utilities, telecommunications companies, and renewable energy generators in the United States, Canada, Europe, Australia, and New Zealand.  Headquartered in Atlanta, Georgia, the company employs more than 4,000 people. Osmose's field technicians, professional engineers, scientists, and corrosion experts utilize their expertise to identify and solve issues to make utility infrastructure safer, longer lasting, and more resilient while lowering the total cost of ownership. Osmose is a portfolio company of EQT Infrastructure. Learn more at https://www.osmose.com/.

About Neara
Neara's AI-assisted predictive modeling software helps infrastructure owners drive critical proactive decisions by conducting precise analyses in hours and days that would otherwise take months or years in the field. Network-wide simulation analyses reveal how assets behave in real-world environments during any scenario — empowering better, faster, more cost-effective decisions. The model supports end-to-end network governance, from routine operational decisions to emergency scenarios and major grid-hardening investments — without verification from manual surveys. Neara's technology has modeled >1.5 million square miles of global network territory featuring ~10 million assets, across four continents from California to Ireland and Australia. Neara's utility customers identify outage risks 9x faster, restore power 3x faster, and save thousands of field visits per year. More information is available at www.neara.com.

About CenterPoint Energy
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

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SOURCE Neara

FAQ

What cost savings can utilities achieve through the Osmose-Neara partnership for CNP?

The partnership enables up to 70% cost savings by reinforcing rather than replacing high-risk assets, with 80% faster restoration times and 25% more accurate asset prioritization.

How is CenterPoint Energy (CNP) implementing the Osmose-Neara technology partnership?

CNP is using the partnership's tools to enhance storm preparedness and network reliability, leveraging both site-specific field analysis and LiDAR-based modeling for improved asset analysis and system modeling.

What are the main benefits of the Osmose-Neara partnership for utility infrastructure?

The partnership combines Osmose's field expertise with Neara's AI modeling to improve data accuracy, enhance risk-based decision-making, and optimize restoration strategies for utility infrastructure.

How does the Osmose-Neara partnership improve utility asset management?

The partnership enhances asset management by combining field-verified assessments with AI-driven modeling to improve data accuracy, quantify risks, and prioritize infrastructure upgrades more effectively.
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