Forecast as a Service is a cloud-based energy demand forecasting solution leveraging advanced analytics and machine learning to deliver accurate predictions without requiring clients to manage infrastructure.

Key Features

Automated Forecasting System

• Uses Itron’s proprietary statistical engine with 200+ clients
• Integrates neural networks, ensemble forecasts, and uncertainty modeling

Advanced Modeling

• Supports multiple weather providers and error-correction mechanisms
• Machine learning-driven processes for dynamic adjustments

Managed Infrastructure

• Hosted on Microsoft Azure with Itron handling system maintenance
• Requires only updated energy data input from clients

Benefits

Cost Efficiency

• Eliminates upfront hardware/software costs and ongoing maintenance

Scalability

• Cloud-based architecture supports flexible demand scaling

Accuracy

• Proven platform used by most North American TSOs (Transmission System Operators)