AUSTIN, Texas--(BUSINESS WIRE)--Grid4C announced today that it has been ranked as the #1 vendor in Predictive Analytics & Load Forecasting for utilities by GTM Research in its latest report. Grid4C was voted a top provider of both grid-side and customer-side analytics solutions.
Grid4C was selected as the leading vendor solution out of world class vendors due to its proven capability to be deployed across all nine customer and operational analytics use cases identified in the study. Grid4C was also rated highly in the study for providing differentiated configurations in terms of adopted methodology, ability to be customized, and ability to implement both bottom up load forecasting, as well as non-intrusive top down load disaggregation - from the meter level to the appliance level, and detect malfunctioning patterns. All prediction and anomaly detection methods are based on patented Machine Learning algorithms.
GTM Research reports are an industry recognized and reputable assessment of the market landscape for the energy industry. GTM Research is the market intelligence arm of Greentech Media.
"Grid4C's selection as the #1 vendor solution, in the same analysis of solutions by other world class businesses, is a great honor and another sign of the industry’s recognition of Grid4C’s market-leading algorithms and Machine-Learning based software to improve utilities' operational efficiency and to increase customer engagement,” states Dr. Noa Ruschin-Rimini, Founder and CEO of Grid4C. “Grid4C is deployed in a wide range of electricity markets, analyzing billions of meter reads from 3 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.
Full report can be found at http://www.greentechmedia.com/research/report/predictive-analytics-for-utility-load-and-der-forecasting-2016
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 non-intrusive household anomaly detection and load disaggregation capabilities, Demand Response Optimization, Customer Segmentation, and more.
To learn more about Grid4C, visit www.grid4c.com
About GTM Research
GTM Research, a division of Greentech Media, provides critical and timely market analysis in the form of research reports, data services, advisory services and strategic consulting. GTM Research's analysis also underpins Greentech Media's webinars and live events. Our coverage spans the green energy industry including solar power, grid modernization, energy storage, energy efficiency and wind power sectors.
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