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13/3/2025
Forbes: AI Solutions by MODUS X are already saving businesses millions
Forbes Ukraine has investigated how artificial intelligence from MODUS X is changing business and energy. AI optimization of logistics saved DTEK UAH 25 million, and forecasting electricity production allows saving up to UAH 20 million annually. In 2024, MODUS X demonstrated a 30% increase in revenue, reaching UAH 1.8 billion, and attracted 14 new customers. The company is expanding its presence in foreign markets and introducing innovative solutions in AI, cybersecurity, and business automation.
Forbes Ukraine explored how artificial intelligence is enhancing efficiency in the energy sector and across businesses. MODUS X CEO Dmytro Osyka shared insights with the publication on the tangible financial impact these solutions are already delivering.
How AI Works: Concrete Results
AI solutions developed by MODUS X optimize critical processes, reduce costs, and improve the reliability of energy infrastructure.
- AI-powered optimization of coal transportation logistics saved DTEK 25 million UAH in 2024, with a projected annual savings potential of 100 million UAH.
- Predictive maintenance for thermal power plants (TPPs) helps prevent failures that could result in losses of tens of millions of hryvnias.
- AI-driven forecasting for wind and solar power generation enables savings of up to 20 million UAH per year.
"AI analyzes transport conditions, road infrastructure, demand forecasts, and coal stock levels to select the fastest and most cost-effective routes. Additionally, these technologies allow for proactive maintenance planning and help reduce the risk of failures at energy facilities," says Dmytro Osyka, CEO of MODUS X.
Expanding to External Markets and Further Growth
In 2024, MODUS X achieved 30% revenue growth, reaching 1.8 billion UAH. The company is actively expanding into external markets, securing 14 new clients in retail, finance, manufacturing, and energy.
This is not just about scaling up—it’s an opportunity to gain new experience, test innovative approaches, expand capabilities, and develop even more effective solutions for DTEK and other clients.
"Becoming an independent entity has enabled MODUS X to increase revenue by attracting external clients. We are also in negotiations with a company comparable in size to DTEK," adds Dmytro Osyka.
What’s Next?
MODUS X continues to advance in AI, cybersecurity, and business automation, implementing cutting-edge solutions for businesses.
📖 Read more in Forbes: https://forbes.ua/innovations/nezalezhnist-vid-dtek-tsifrovizatsiya-naybilshogo-energokholdingu-prinesla-it-kompanii-modus-x-mayzhe-2-mlrd-grn-yak-vona-khoche-zbilshiti-tsifru-udvichi-12032025-27883
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