Company Performance Metrics
Cozmin Ududec: Managing Director Invenia Labs- Cozmin Ududec: Risk Management and Research
Invenia’s Energy Intelligence System is a cloud-based machine learning platform that uses big, high-frequency data to solve complex problems in real-time. Invenia currently applies its platform to optimize electric utility operations as well as electricity markets themselves.
Invenia uses its intelligence system to link forecasting, pattern
recognition, and optimization together with a model of the decision-making process specific to each user. This results in a decision recommendation, which is the best answer to the problem that the user is trying to solve at any given time. For energy markets, this process involves understanding the problem from generation through transmission and finally to marketing. This simplifies operational decision-making while making use of smart grid data, and becoming more efficient as the frequency of decisions increases.
