The energy industry is rapidly changing. The adoption of renewable energy is steadily increasing and new technologies are emerging faster than ever before. Global climate change influences the way we are both consuming and producing energy. Energy is being produced in a distributed way on a micro scale by prosumers using solar panels. At the same time, utilities companies are investing on a large scale in wind, solar, and hydropower. Renewable energy makes balancing the grid and predicting the amount of produced and consumed energy harder than ever. Finally, more and more energy data is becoming available using IoT technology, allowing for new services and business models.
These complex processes need to be supported by fit-for-purpose applications, specifically designed for use in the Energy & Utilities industry.
TimeSeries Analytics was crucial in processing and applying our scientific algorithms on our enormous amount of data within a very tight time schedule.