AUSTIN, Texas--(BUSINESS WIRE)--Grid4C announced today that it has been selected as a key innovator in the Internet of Things (IoT) for Utility market by MarketsandMarkets in its latest report.
Grid4C was selected a key innovator out of world class vendors due to its advanced Machine-Learning capabilities, analyzing the massive amount of sub-hourly data collected from millions of smart devices, in order to optimize energy operations, increase customer engagement and drive profit. MarketsandMarkets reports are an industry recognized and reputable assessment of the market landscape for the energy industry.
"Grid4C's selection as a key innovator in Internet of Things (IoT) for Utility market is a great honor and another sign of the industry’s recognition of Grid4C’s market-leading algorithms and Machine-Learning based software to squeeze the value out of IoT data,” states Dr. Noa Ruschin-Rimini, Founder and CEO of Grid4C. “Grid4C is deployed in a wide range of electricity markets, analyzing billions of IoT data-points from 4 continents, producing more than 10 million insights and predictions every day," she adds. Dr. Noa Ruschin-Rimini is quoted in the report saying, "The big promise of IoT can only be realized with the use of advanced Machine-Learning Big-Data solutions."
The full report can be found at http://www.marketsandmarkets.com/Market-Reports/iot-utility-market-116054824.html.
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 devices, 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
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