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    VERI   US92347M1009

VERITONE, INC.

(VERI)
  Report
Delayed Nasdaq  -  04:00 2022-09-28 pm EDT
5.900 USD   +4.42%
09/27PandoLogic CEO Terry Baker Wins Globee® in the 10th Annual 2022 CEO World Awards®
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09/20Veritone's Second Annual Law Enforcement Transparency and Trust Report Finds Majority of Americans Support Police but Believe Racial Bias Exists
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09/15Veritone and iconik Partner to Power Media Organizations' Digital Content Monetization Capabilities
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Positive Energy Selects Veritone for Predicting the Remaining Useful Life of Electric Vehicle Batteries

08/02/2022 | 07:00am EDT

Veritone, Inc. announced Positive Energy selected its iDERMS Forecaster to predict the remaining useful life of their battery storage assets. Focused on repurposing electric vehicle (EV) batteries for second-life application and providing energy as a service (EaaS), Positive Energy will utilize Veritone's Forecaster to enable the accurate prediction of battery longevity, including the final state of health (SoH), the remaining useful life (RUL), and updated SoH and RUL forecasts after every charge or discharge cycle. In addition, the solution will provide higher situational awareness at a fleet level, allowing Positive Energy to single out individual sites and assets in order to get a closer look at specific operational parameters for each of them.

The battery degradation process is complex, affected by many factors, such as temperature, charge, and discharge rate. Veritone's advanced AI capabilities are able to recognize more complex patterns of system data based on historical data, allowing asset owners to reliably and accurately predict maintenance cycles and the remaining useful life of batteries. Veritone's iDERMS solution harnesses the power of AI to revolutionize today's energy ecosystems through proprietary, intelligent, day-ahead and real-time energy forecasting, design, optimization and control—all of which unlock the full potential of energy resources, while enhancing overall reliability.

With its Forecaster, Designer, Optimizer and Controller modules, the iDERMS solution allows for tackling industry challenges at a pace best suited to meet each customer's specific objectives, timelines, or financial goals, while simultaneously addressing reliability and the commercial aspects of distributed energy resources (DERs).


© S&P Capital IQ 2022
All news about VERITONE, INC.
09/27PandoLogic CEO Terry Baker Wins Globee® in the 10th Annual 2022 CEO World Awards®
AQ
09/20Veritone's Second Annual Law Enforcement Transparency and Trust Report Finds Majority o..
BU
09/15Veritone and iconik Partner to Power Media Organizations' Digital Content Monetization ..
BU
09/15Veritone and Iconik Partner to Power Media Organizations’ Digital Content Monetiza..
CI
09/14Veritone Enhances its Multi-Award Winning AI-Driven Voice Solutions with Advanced Capab..
BU
09/14Veritone, Inc. unveiled its next-generation Veritone Voice
CI
09/13PandoLogic to Unveil its New Research at This Week's HR Technology Conference & Exposit..
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09/12Veritone, Inc. : Entry into a Material Definitive Agreement, Financial Statements and Exhi..
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09/07Veritone to Showcase Award-Winning AI Solutions at the International Broadcasting Confe..
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08/25PandoLogic Wins the Gold 2022 Stevie® Award for Best Talent Acquisition and Retention S..
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More news
Analyst Recommendations on VERITONE, INC.
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Financials (USD)
Sales 2022 153 M - -
Net income 2022 -50,2 M - -
Net cash 2022 17,8 M - -
P/E ratio 2022 -4,06x
Yield 2022 -
Capitalization 204 M 204 M -
EV / Sales 2022 1,22x
EV / Sales 2023 1,04x
Nbr of Employees 546
Free-Float 86,0%
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Technical analysis trends VERITONE, INC.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 5,90 $
Average target price 11,29 $
Spread / Average Target 91,3%
EPS Revisions
Managers and Directors
Chad Edward Steelberg Chairman & Chief Executive Officer
Ryan S. Steelberg President & Director
Michael L. Zemetra Chief Financial Officer, Treasurer & Executive VP
G. Louis Graziadio Independent Director
Jeff P. Gehl Independent Director
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