Robust Business Efficiency and Data Analytics with C3.ai

Tackling Data Complexity in Energy Forecasting and Analytics Robust Business Efficiency and Data Analytics with C3.ai

CASE STUDY

Introduction Navigating Intricate Utilities Data with Deep AI Expertise and Enterprise AI Platform The importance of optimizing demand forecasting and reporting methodologies is universally acknowledged. However, the inherent complexity of developing on platforms that require deep expertise, like C3.ai, is often overlooked. Despite its massive potential for delivering insights, C3.ai is a closed ecosystem with a somewhat limited public developer community advantage. The importance of engaging an experienced C3.ai service provider is an industry-wide practice in the Utilities sector. When Utilities can leverage not only the potential of the C3.ai platform but also a trusted partner to contribute to advancements in demand forecasting and analytics, significant accomplishments in this domain can be unlocked.

Challenges Addressing Data Integration Hurdles Our client, a prominent U.S. power utility, aspired to spearhead innovation in the industry by cultivating state-of-the-art energy forecasting capabilities. They envisioned harnessing the potential of the C3.ai platform to create advanced analytics use cases encompassing a wide array of emerging energy technologies. Although the practical experience presented a few challenges, tempering their initial aspirations and operational efficiency, effectively surmounting them through strategic, multi-pronged problem-solving contributed to their growth and enhanced operational efficiency.

Predictive Insights into Customer Behavior The first challenge was the urgent need to gain predictive insights into customer behavior and the adoption of load modifiers. Yet this challenge was seen as an opportunity in disguise to manage the energy supply optimally through accurate prediction models. While there were some initial difficulties around the limited availability of developer support from C3.ai, it encouraged our client to look for an appropriate solution to creatively fine-tune their algorithms for maximum effectiveness. Weather-adjusted Peaks Synchronization The second challenge concerned reconciling weather-adjusted peaks between the gas and electric systems. Achieving accuracy and real-time data access was paramount for this intricate task. There were a few data integration challenges due to the closed nature of the C3.ai ecosystem, spurring the need to create robust The final challenge presented another opportunity to improve bottom-up forecasting processes by integrating customer-level data. While the C3.ai platform offered extensive capabilities, the need for a public developer community for guidance was felt. Consequently, additional hours were allocated to demand forecasting, which affected timelines and resources. Nevertheless, this inspired our client to strategize and solve for enhanced demand forecasting, driving innovation while resolving the temporary bottlenecks. Leveraging its unique dual role as a C3.ai partner and an experienced data services firm, Fractal proffered a powerful blend of technological acumen and domain expertise to tackle the utility company’s challenges. Enhanced by months of research and a robust C3.ai relationship, Fractal’s method outshone traditional approaches and was further bolstered by a specialized talent acquisition strategy in C3 technologies. forecasting tools and fostering innovation and adaptability. Enhancing Forecasting with Customer Data

Solution Strategic Data Integration and Analytics for Optimal Results To tackle the complex challenges around data integration, analytics, and application development for our client, Fractal identified vital use cases, established a strategic approach, and subsequently implemented the solutions by harnessing their expertise in agile methodologies and the C3.ai platform.

PHASE

PURPOSE

OUTCOME

Key Solutions Offered: Maximizing C3.ai’s Capabilities

To review and prioritize the advanced analytics use cases requiring data integration, data science, and custom C3 applica- tion development

A six-week discovery phase with a dedicated team of experts for initial assessment and planning

Discovery

The solution hinged on the robust capabilities of the C3.ai platform, encompassing data integration, data science, and custom C3 application development. By optimizing the C3.ai platform’s potential, Fractal significantly contributed to enhancing the efficiency of the client’s operations, partnering with them in setting the stage for future innovation.

Custom solutions on the C3.ai platform, significantly contributing to maximizing its potential for analytics and data integration Leveraging and building upon the C3.ai platform for data integration, data science, and custom C3 application development

To leverage Fractal’s unique position as a C3.ai partner and a data services firm with proven delivery processes

Solution Development

To develop a robust platform capable of data integration, analytics, and custom application development

Deployment

Outcome

Evaluating the Results

Today… The powerful synergy of the powers of C3.ai, our deep AI expertise, and our client’s proactive approach to innovative, future-forward problem-solving brought a complete transformation in the development landscape. Productivity climbed as the C3 development process was fine-tuned. The newfound efficiency was so significant that the dialogue among product owners shifted: instead of worrying about completing existing tasks, they began exploring the possibility of tackling additional use cases. …and Tomorrow As agile development continues to evolve, our client will experience an improved ability to forecast energy demand across a plethora of new technologies, as well as:

A steady increase in the speed of project completion

A substantial and sustained uptick in productivity

Enhanced precision in energy demand forecasts

The improved ability to explore new analytics use cases and challenges

Enable better decisions with Fractal Fractal is one of the most prominent providers of Artificial Intelligence to Fortune 500® companies. Fractal’s vision is to power every human decision in the enterprise, and bring AI, engineering, and design to help the world’s most admired companies. Fractal’s businesses include Crux Intelligence (AI driven business intelligence), Eugenie.ai (AI for sustainability), Asper.ai (AI for revenue growth management) and Senseforth.ai (conversational AI for sales and customer service). Fractal incubated Qure.ai, a leading player in healthcare AI for detecting Tuberculosis and Lung cancer. Fractal currently has 4000+ employees across 16 global locations, including the United States, UK, Ukraine, India, Singapore, and Australia. Fractal has been recognized as ‘Great Workplace’ and ‘India’s Best Workplaces for Women’ in the top 100 (large) category by The Great Place to Work® Institute; featured as a leader in Customer Analytics Service Providers Wave™ 2021, Computer Vision Consultancies Wave™ 2020 & Specialized Insights Service Providers Wave™ 2020 by Forrester Research Inc., a leader in Analytics & AI Services Specialists Peak Matrix 2022 by Everest Group and recognized as an ‘Honorable Vendor’ in 2022 Magic Quadrant™ for data & analytics by Gartner Inc. For more information, visit fractal.ai

Corporate Headquarters Suite 76J, One World Trade Center, New York, NY 10007

Get in touch

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8

Made with FlippingBook - PDF hosting