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AHUB Forecasting

Product
Developers: AnalyticsHub (Analitiks Hub)
Last Release Date: 2020/11/06
Branches: Power
Technology: BI

Main article: Business Intelligence determination

The analytical system "AHUB Forecasting" is flagman project development of AnalyticsHub.

2020: Passing of project examination Skolkovo

The author's AnalyticsHub project (Analitikskhab LLC) passed the project examination Skolkovo and was recognized board of experts the innovation, and the company received the official decision of commission of experts about compliance to requirements to the participant of the innovation center. On November 6, 2020 reported about it in the Merlion group.

The analytical system "AHUB Forecasting" which AnalyticsHub presented in the request for commission of experts provides high-precision forecasting of energy consumption and automation of the connected business processes of the companies of power industry and also the industrial companies with power-consuming industry.

To the energy companies important not only to implement the system of forecasting and to support it at reasonable price, but also to have an opportunity to make changes to a mathematical core of such system. Therefore AnalyticsHub made the system open is its distinctive feature: the developed models are transferred to the customer and can be finished by him as independently, and using experts of AnalyticsHub.

The solution is developed in the Python language using mathematical libraries in the field of neural networks, a gradient busting, regression, an ansamblirovaniye. To its development the company involved the most qualified experts in the field of forecasting in the electricity market and power (OREM), and to creation of the user interface – Infopro company, software supplier for process automation in power industry.

The AHUB Forecasting system was already registered by the Register of domestic software. For November, 2020 focus of sales are large power supply companies – the guaranteeing suppliers.

In Skolkovo the company is going to fill a system with functionality step by step. Until the end of 2020 completion of short-term forecast models and the web interface is planned. Within the next three years of AnalyticsHub is going to add the solution medium-term and long-term with forecast models, models of profiles of consumption, forecasts of the prices and optimization of generation and also models for power management and other sectors. Thus, the final product is focused on broader market, including the power sales, generating, network companies and also large industrial corporations. The company is also going to export the solution on foreign power markets – first of all to the CIS countries and Eastern Europe.

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"on September 1 this year 14 years since launch of OREM in Russia were performed. For these years in the industry reliable, exact, convenient and rather inexpensive software solution in the field of energy consumption forecasting did not appear. Most market participants still use either the MS Excel, or small own developments. We set for ourselves an ambitious goal - to occupy this niche, – Leonid Kuropatov, the Managing director of AnalyticsHub told. – Our command bore this idea, even during work long ago in large international corporations which, strangely enough, were little susceptible to the innovation offers going from the Russian offices. We are glad that could achieve quickly its implementation in our young company with assistance of the Russian strategic investor – the Merlion Groups".
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