IBM Research, Vermont Electric Power Company form 'Utopus Insights'

• A corporation targeting intelligent energy analytics solutions, Utopus Insights will be headquartered in Valhalla, New York. IBM Research's (NYSE:IBM) existing Smarter Energy team and associated technology and intellectual property are planned for integration into the operation.
• Vermont Electric Power Company [VELCO] is involved as an investor and strategic partner, with the venture scheduled for launch in Q1 2017.
• Press release