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Predictive Analytics

Anticipate Future Events To Build Adaptive Systems

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Business Reporting

Business reporting, especially in large multi-national organizations, is fast becoming a fundamental need of the senior managers to support their decisions. Unfortunately, many organizations do not yet have automated centralized dashboards. In such organizations, focused groups produce periodic reports that are based on the data they receive from different locations across the globe.

You, as part of such a centralized group, will like to ensure that you have all the required data, before you generate a daily report. Unfortunately, this is quite challenging, especially if the missing or wrong data comes from a location that is not open at the time of generating the report. A self supporting solution that is based on a predictive system, which tells when the data is expected to arrive, can automatically monitor and alert different locations when they fail to send the required data.

Power Generation

Electricity, at a commercial level, is difficult to store and has to be made available on demand. This poses serious challenges to the power generation companies. In order to minimize their risks, while keeping their profits high, power generation companies enter into long-term contracts with the power transmission and distribution companies.

You, as an owner of a thermal power plant, will like to know in advance when and at what capacity do you need to run your power plant and when it will be economical to deliver your contractual obligations by purchasing electricity from outside. You need this advance schedule as your power plants have a substantial cost of starting and stopping. They cannot be operated with a flip of a button.