Fast Company: Neara Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024


Company that uses AI and machine learning to help utility companies model power networks and assess risks from events like wildfires joins the ranks of Nvidia, YouTube, Taco Bell, and more 

(March 19, 2024) — Neara, the first infrastructure modeling platform that uses artificial intelligence (AI) to create 3D, network-wide models for engineering-grade simulations and analytics, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024. 

This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. These organizations are setting new standards and achieving remarkable milestones in all sectors of the economy. 

“We are proud of our accomplishments over the last couple of years, particularly with the impact that our platform has made in validating the role that technology and innovation can play in addressing some of the industry’s greatest challenges,” said Jack Curtis, Neara’s Chief Commercial Officer. “Neara’s AI simulation and analytics platform sits at the center of the energy transition to ensure utilities are empowered to make holistic, system-wide decisions – we’re looking forward to continuing to work with the energy ecosystem to accelerate global decarbonisation goals.”

Neara’s AI platform currently enables utility operators –– currently spanning 1M+ square miles and 8M+ assets in operations –– to design efficient networks, enhance wildfire and vegetation management programs, as well as bring renewable projects online faster using their existing infrastructure. Over the last several months, Neara has expanded its presence in Europe and the US, offering enterprise-grade, 3D network modeling technology that uses AI/ML to seamlessly aggregate utilities’ broad spectrum of data sources into one hyper-realistic digital simulation environment. Utilities use the model to simulate how their assets will respond in the real world under any condition based on hundreds of network and environmental variables. These models help eliminate network monitoring blind spots in stress-testing grid resilience and improving severe weather response while reducing reliance on manual field surveys. 

The World’s Most Innovative Companies stands as Fast Company‘s hallmark franchise and one of its most anticipated editorial efforts of the year. 

Fast Company‘s editors and writers identified the companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world. Fast Company’s Most Innovative Companies package is available online, as well as in-app form via iTunes, and on newsstands beginning March 26. The hashtag is #FCMostInnovative.

“Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan. “We saw extraordinary innovation across the board in 2023, but we also saw a handful of clear patterns: the growing footprint and impact of AI, the triumphant return of live events, and great leaps forward in climate tech. We face daunting challenges on many fronts, but the solutions we celebrate in MIC give me plenty of hope about the future.”

Fast Company will host the Most Innovative Companies Summit and Gala on May 16. The summit features a morning and afternoon of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation. This event celebrates the Most Innovative Companies honorees and provides an inside look at cutting-edge business trends and what it takes to innovate in 2024. 


Headquartered in Sydney, Australia, Neara is the world’s most comprehensive 3D simulation and analytics platform for electricity network infrastructure. Neara’s AI functionality enables sophisticated analysis to understand how networks behave in real-world environments during any scenario — empowering grid operators to make highly accurate decisions. Neara’s predictive capabilities help mitigate high-risk exposure areas, combat the effects from climate change and extreme weather events, as well as accelerate renewable energy integrations by leveraging existing infrastructure. Spanning over 1 million square miles with more than 8 million assets, global utilities trust Neara’s platform to identify and reduce risks 9x faster, power critical decisions, diagnose asset performance, as well as drive seven-figure plus grid hardening investments without verification from manual field surveys. More information can be found at


Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at

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