Neara

Neara is a technology company located in New South Wales, Australia, that specializes in physics-enabled digital twin software for critical infrastructure networks, particularly in the utility sector. The company creates detailed, interactive 3D models of infrastructure assets, allowing utilities to simulate real-world conditions and scenarios. This technology supports the entire asset lifecycle, enabling utilities to make informed decisions regarding repairs, replacements, and new investments. Neara's platform offers several key features, including risk assessment and prioritization, automated remote inspections, and scenario simulation. These tools help utilities improve decision-making, reduce inspection times, and enhance safety by proactively identifying risks. Major global utilities, such as Southern California Edison and CenterPoint Energy, utilize Neara's solutions to optimize maintenance and capital planning, resulting in significant cost savings and improved service restoration times. Overall, Neara provides a comprehensive approach to managing infrastructure risks and enhancing network resilience.