AI energy demand forecasts / ifesca.AIVA®

ifesca GmbH is an Ilmenau-based IoT company comprising a multidisciplinary team of experts with many years of experience in the energy industry. ifesca combines proficient scientific knowledge with innovative ideas and many years of experience in software development for the German and international energy market. ​

With ifesca.AIVA®, the company has developed a cloud-based platform that enables all market roles in the energy industry as well as energy-intensive industrial companies to use its digital service in the area of forecasting and optimization of energy data. The AI-based intelligent forecast management system delivers the best possible forecast results fully automatically and in real time. This makes it possible to reliably operate planning processes which are becoming increasingly complex due to the growing amount of data.​

The speed at which recommendations for action can be made is also significantly accelerated. This will enable ifesca customers to meet the requirements of digitisation. They can use the potential thus gained to improve their competitiveness.

Description of the solution

ifesca.AIVA®, a software platform built with artificial intelligence, enables the exchange, analysis, plausibility check, preparation and further processing of huge amounts of data, automatically and in real time. The most important service provided by ifesca.AIVA® is the independent updating of this data for future events. The AI selects the best forecast configuration for the respective application. The result: Fully automatic forecasts at a level of quality and accuracy never before achieved

Advantages / USPs

  • Innovative and self-learning forecasting system with independent reconfiguration and monitoring​
  • Automation of the complete process chain import, data plausibility check, substitute value creation, analysis, forecast and export​
  • Big Data ready, scalable and high performance

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