The three executives behind Inion Software — from left: Mindaugas Lubys, Dr. Šarūnas Stanaitis and Dr. Robertas Janickas — are driving the company’s European expansion amid growing demand for AI-based energy management and storage solutions. ©Inion Software
Lithuania-based software expert Inion reported a 48% increase in revenue to EUR 267,000 in the first quarter of 2025, driven by rising demand for AI-powered energy management solutions, particularly in the energy storage sector.
Munich, 02.July 2025
Inion Software is a fast-growing Lithuanian company specializing in energy management solutions for the renewable energy sector. The company recorded revenue of €181,000 in the first quarter of 2024, which increased to €267,000 in the first quarter of 2025 – an impressive increase of 48%. For the full year 2024, the company reports revenue of €1.2 million. Following the positive result in the first quarter of 2025, Inion Software expects to exceed this figure in 2025 as demand for digital energy solutions made in Europe continues to grow.
Clear trend towards more AI in energy management
According to Dr. Stanaitis, the company’s growth is driven not only by the rising demand for advanced digital tools that collect, process, and display data from solar and wind power systems. The software also serves a growing market of smart batteries and storage systems that need data processiing, along with an increased awareness of cybersecurity in renweable energy infrastructure. Dr. Šarūnas Stanaitis, CEO of Inion Software says: „More and more energy producers and users are turning to smart, secure, and AI-based platforms to manage energy flows, optimize storage, and make informed trading decisions.“
Positive market prospects boost the company
Inion’s software tools leverage artificial intelligence and real-time analytics to optimize battery charging cycles, the timing of power sales, and system performance. This helps customers maximize their return on investment. Global trends confirm the company’s positive outlook. Citing the Global Market Outlook published by SolarPower Europe in May 2025, the Lithuanian company expects annual growth in solar energy installations worldwide of over 10% between 2025 and 2029. „The renewable energy sector remains one of the most dynamic in the world,“ says Dr. Stanaitis. „We will continue to invest in existing products and bring new solutions to market tailored to the evolving needs of this market.“
Inion expands into Italy and eyes further EU growth
With Inion management systems already being used in large-scale renewable energy projects – a recent example being the Švyturys-Utenos Alus brewery, where the company completed the second phase of energy management for Lithuania’s largest solar power and energy storage project to date – the company entered the Italian market in 2024. Collaboration with local partners on energy storage solutions with integrated control systems has already begun there, and plans are to expand to other EU countries in the near future. „Italy is just the beginning,“ added Dr. Stanaitis. „We are currently exploring opportunities in other EU countries.“ (mg)