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MetrixND®

MetrixND®

MetrixND®

Product catalog summary
Overview
Itron's MetrixND is a powerful and flexible energy forecasting tool designed to provide accurate forecasts for daily operations, market planning, and risk management. It features an intuitive user interface and drag-and-drop architecture, allowing for rapid development and analysis of forecasting models.

Product Features
  • Exponential Smoothing: Ideal for projecting customer growth trends for monthly sales and peak forecasting.
  • ARIMA: Suitable for visualizing historical data patterns extending into the future.
  • Regression: Allows for fast building of multi-variate models.
  • Neural Networks: Essential for short-term forecasting, especially for modeling nonlinear responses between loads and weather.

Capabilities
  • Data Integration: Compatible with Excel, Access, MV-90xi, ORACLE, and SQL Server.
  • Data Frequencies: Supports sub-hourly to annual data frequencies.
  • Graphical Analysis: Provides diagnostics and graphics for understanding and presenting forecasts.
  • Variable Creation: Allows creation of analysis variables using spreadsheet-like formulas.
  • Hourly Modeling: Enables rapid development of hourly or sub-hourly models.
  • Model Comparisons: Facilitates comparison of alternative model specifications.
  • Simulations: Supports monthly variance analyses with drag-and-drop functionality.
  • Quantifying Forecast Uncertainty: Uses GARCH option for dynamic confidence bounds.
  • Visual Basic for Applications Module: Integrates VBA for writing macros.
  • Neural Network Options: Allows customization of neural network models.
  • Accelerated Optimization: Fast optimization algorithms for rapid model training.

User Community
MetrixND is used by over 150 utilities and energy service providers worldwide. Users have access to industry experts, newsletters, and annual meetings for networking and learning.

Applications
  • Short- and Long-Term Hourly Forecasting: Combines neural networks, time series, and regression approaches for customized models.
  • Financial Forecasting: Covers customer, sales volume, peak, revenue, and variance analyses.
  • Retail and Delivery Point Forecasting: Supports sub-hourly, hourly, or daily forecasts for retail customers and delivery points.

Contact Information
For more information, visit www.itron.com/forecasting, call 1-800-755-9585, or email [email protected].

Disclaimer
Itron disclaims liability for errors and omissions in its marketing materials and provides no warranty regarding their content.
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Catalog excerpts

MetrixND®-1

Energy Forecasting Tool Powerful, Flexible and Proven Accurate forecasts provide the foundation for daily operations, market planning and risk management. Itron’s MetrixND software allows rapid development of accurate forecasts, placing you in the best position to make important business decisions with confidence. Designed to take advantage of advanced Windows capabilities, MetrixND’s intuitive user interface and drag-and-drop architecture streamlines the development of forecasting variables and models. Evaluation graphs, diagnostic statistics and reports are readily available to assist in developing and analyzing forecasts. This interactive design strategy allows the forecast analyst to quickly evaluate alternative models and select the model that works best for their particular data. MetrixND is a flexible modeling tool, widely used by the top energy forecasters at leading utilities and energy providers throughout the world. MetrixND puts the power of the most advanced modeling techniques at your fingertips, enabling you to develop accurate forecasts and apply them to business decisions with confidence

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MetrixND®-2

THE TOOLS You choose the method that works best for your data and MetrixND will deliver accurate results, quickly and easily. Or, use a combination of methods to provide optimal forecast accuracy. Exponential Smoothing Ideal for projecting customer growth trends that support monthly sales and peak forecasting applications. The workhorse of the energy forecasting professional. No other tool lets you build multi-variate models faster. Neural Networks For seasoned time series professionals who want to visualize how historical data patterns extend intothe future. Essential for short-term forecasting...

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MetrixND®-3

APPLYING METRIXND Quantifying Forecast Uncertainty Short- and Long-Term Hourly Forecasting Applications By employing the GARCH option in the regression and neural network models, it’s easy to construct dynamic confidence bounds for your forecast. Visual Basic for Applications Module Microsoft’s VBA is integrated into MetrixND, allowing you to write powerful macros to build any MetrixND element, including models and modeling variables. Neural Network Options MetrixND lets you build your own neural network models quickly and efficiently. Use the advanced neural network model to specify: »» The...

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MetrixND®-4

Itron is a global technology company. We build solutions that help utilities measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement and control technology; communications systems; software; and professional services. With thousands of employees supporting nearly 8,000 utilities in more than 100 countries, Itron empowers utilities to responsibly and efficiently manage energy and water resources. CORPORATE HEADQUARTERS 2111 N Molter Road Liberty Lake, WA 99019 USA Phone: 1.800.635.5461 Fax: 1.509.891.3355 Join us...

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*Prices are pre-tax. They exclude delivery charges and customs duties and do not include additional charges for installation or activation options. Prices are indicative only and may vary by country, with changes to the cost of raw materials and exchange rates.