Novatech NESSi
A SaaS-based AI/ML solution empowering energy companies to optimize their path to net-zero emissions.
Novatech NESSi is a cloud-based software-as-a-service solution that leverages artificial intelligence and machine learning models to generate energy and greenhouse gas emissions forecasts. The software ingests historical emissions and energy data from a company's operations to train predictive models. These models forecast future emissions for single or multiple assets based on the historical data patterns.
NESSi has a comprehensive library of emissions reduction measures that can be applied to the forecasted scenarios to explore different emissions mitigation options and how they affect each scenario. By simulating the impact of reduction measures on future operations, NESSi allows users to analyse the estimated effects on energy need, emissions outputs, and carbon costs. This enables companies to make data-driven decisions about the most effective strategies for reducing environmental impact.
The NESSi software architecture utilizes cloud computing for scalable processing power and storage. The predictive modeling and simulation capabilities are enabled by AI algorithms and multivariate regression techniques. The user interface visualizes forecasts, scenarios, and mitigation insights through interactive charts and graphs.
Specification Title | Specification Description |
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Product Type
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Software-as-a-Service (SaaS) solution
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Key Features
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Generates energy and emissions forecasts, Library of emission mitigation measures, Explores impact of measures on future emissions
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Industries
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Oil and gas, Heavy industry, Transport, Construction, Steel manufacturing
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Benefits
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Aligns with sustainability goals, Enhances company reputation, Drives cost reductions, Improves efficiency, Ensures regulatory compliance
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Reviews
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[8/9]
Relative Business Impact
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