AUSTIN, Texas--(BUSINESS WIRE)--Grid4C announced today that it has been selected as a finalist in this year’s Fierce Innovation Awards: Energy Edition, a utility-reviewed awards program from the publishers of FierceEnergy and Smart Grid News. Grid4C was recognized as a finalist in the category of Big Data and Analytics.
Grid4C was selected as a finalist for its innovative, industry leading Predictive Analytics Machine Learning based software.
Finalists’ applications were reviewed by an exclusive panel of executives from major North American utilities including CenterPoint Energy, Duke Energy, Ameren Corporation, San Diego Gas & Electric, Iberdrola USA, Commonwealth Edison, and PECO. Full profiles of the judges can be found at https://www.fierceinnovationawards.com/energy/2015#our_judges.
All applications were evaluated based on the following criteria: technology innovation, financial impact, market validation, compatibility with existing networks, end-user customer experience, and overall level of innovation.
“Being selected as a finalist for this prestigious award is a significant sign of the industry’s recognition of Grid4C’s market-leading algorithms and machine-learning based software to improve Utilities' operational efficiency, optimize profit and increase customer engagement,” states Dr. Noa Ruschin-Rimini, Founder and CEO of Grid4C. “For this reason, Grid4C is deployed in a wide range of electricity markets, analyzing billions of meter reads from 3 different continents, producing more than 10 million predictions for utilities production and customer systems every day and transforming the way utilities interact with their customers,” she adds.
About Grid4C
Grid4C empowers all Energy value chain participants by providing them the power to foresee, leveraging advanced Machine Learning capabilities to deliver accurate, granular predictions, which are crucial for tackling the rising challenges of today's Energy Industry.
Grid4C's comprehensive platform analyzes the massive amount of sub-hourly data collected from millions of smart meters, together with customer data, pricing information and more, in order to maximize the efficiency of Energy operations, increase customer engagement and drive profit.
Its portfolio consists of a Load Research and Forecasting solution, providing accurate forecasts at the meter/sub-meter and sub-hour levels, Customer Engagement solutions which include household anomaly detection and non-intrusive load disaggregation capabilities, Customer Segmentation, Churn Prediction and more.
To learn more about Grid4C, visit www.grid4c.com
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