Founded in 2007, PowerRunner began its journey as an energy markets consulting company and later shifted its focus to analytical business solutions. Today’s data rich energy companies need “big data” solutions that will gather, analyze and present data to support renewable generation integration, manage demand response programs, and improve corporate planning. “This ultimately led us to turn PowerRunner into a software company,” notes Iacobucci. Today, PowerRunner provides energy market participants with descriptive, predictive, and prescriptive analytics solutions that leverage granular end-user data to support operational decision management of critical business processes and on- demand commercial analysis.
PowerRunner’s descriptive analytics gathers operational and commercial data from disparate internal and external informational sources and presents this data in an intuitive and dynamic business application. “Our predictive analytics leverages detailed data for load, price and revenue forecasting and near and long- term operational resource management, like demand-side management programs,” explains Iacobucci.
FORrunner Forecasting Analytics and REVrunner Revenue Analytics are two state-of-the-art solutions offered by PowerRunner that meet the unique needs of the concerned sector.
Our revenue and forecasting analytics solution sets address the tough challenges of the utilities sector and provide a single source of truth for a utility market enterprise
REVrunner, is a highly scalable revenue analytics solution that provides a detailed “per charge” analysis of revenues. Whether the revenues are derived from complex rate structures or energy commodity prices, REVrunner analyzes charges by customer segmentations, rate class/contract pricing, seasonality or other user-defined attributes to create revenue reports germane to each business unit. An example of the usability of PowerRunner solutions is evident from the application of REVrunner by a state power authority to help them achieve line-item pricing comparisons and summarize total revenue and savings across their customer base. Going forward, the ultimate goal of PowerRunner is to create supply chain management in the energy industry that can be expanded to other industries. “Another imperative goal is to deliver solutions that provide clients with intuitive views up and down the electron supply chain to support operational and commercial decision analysis,” concludes Iacobucci.