ViON has introduced a novel online approach to accurately predict faults within various assets in the power network before they arise. This identification allows companies to take immediate and preventative action before any catastrophic consequences occur. ViON measures the input/output of current/voltage for each asset in the electricity grid to create a 'fingerprint'. Any variation in the fingerprint is then an early indication for faults. ViON has been supported by the ON Accelerate program at CSIRO.
http://www.oninnovation.com.au/en/ON-teams/ON-Tribe/ON-Accelerate4-Teams/ViON