Time Series - Energy Consumption

Predict electricity demand using your historical data and make decisions in power system planning and operation.

Background

Predicting energy demand is critical for all organizations as it provides useful information to make decisions on energy generation and purchase.

Energy demand prediction is a real challenge for resource management and development investments. Obviously AI can help predict energy demand down to a specific date, with the least data possible.

The Solution

We’ve designed Obviously AI to work with less data while giving the most accurate predictions in minutes, without writing code. This means anyone can leverage Time Series to easily and quickly make predictions and decisions.

This video uses historical data from an energy company to predict energy consumption and demand so they can make more informed and speedier decisions. All performed in minutes!

The Results

Obviously AI was able to accurarely forecast month-on-month energy demand, enabling the business team to spend their time on operational efficiency, as opposed to building Time Series models.

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