FaaS can be easily tested at any time
FaaS can be tested easily at any time – using your own data. This allows you to assess the quality of the forecasts, stability, reliability and costs in advance, before you commit.
FaaS – Managed Application Services for Energy Forecasts
Based on customer data, metalogic carries out the entire forecasting process and delivers the results.
Forecasting as a Service (FaaS) – Forecasts on demand
FaaS is the ideal solution for municipal utilities and local and regional energy suppliers who do not wish to set up their own forecasting operations. metalogic takes care of everything – from generating forecasts to sourcing all weather and calendar data. The subscriber simply provides their current meter readings.
The service runs on mP Xnergy in the Microsoft Azure Cloud – configured and modelled specifically for each project to deliver the best possible results. Forecast values are delivered once or several times a day: at the meter point level or aggregated by region, customer type or overall portfolio. Subscribers can keep track of KPIs and consumption patterns at all times via a dashboard.
All requirements are defined jointly in advance – flexibly scalable, billed quarterly, transparent and predictable.
The benefits of Forecasting as a Service
Under the FaaS model, the subscriber hands over the entire forecasting process to metalogic – from generating forecasts to the daily delivery of results. This significantly reduces the workload on your team and delivers operational, organisational and financial benefits.
Ready to go in no time
If the assessment of the FaaS test results is positive, the path to going live is short. If the data feed has already been set up automatically during the test phase, live operation can begin immediately after the contract has been awarded.
Lower costs
The cost of FaaS is low compared with the expense of running your own forecasting operation – including staff and organisational costs. Billing is based on a transparent flat rate: predictable, transparent and with no hidden costs.
Reliable. Punctual. Transparent.
Provided the subscriber submits their data on schedule, the forecast results will be made available on time. In the event of a delay in data receipt, metalogic will catch up on the results as soon as possible. Any irregularities in the forecasting process are reported immediately and displayed on the dashboard – ensuring the subscriber always has a clear overview.
Switch to SaaS
If your business grows and your requirements change, you can switch from FaaS to SaaS at any time. Your team will then be given access to mP Xnergy and will take over the day-to-day forecasting operations themselves. As everything is already set up, only the contract needs to be amended.
We are at your disposal
metalogic is constantly developing mP Xnergy further – driven by the changing demands of the energy market, regulatory requirements and feedback from our users. In this way, we ensure that you are always working with a forecasting platform that is at the cutting edge of technology – and gives you a genuine competitive advantage.