Datapred Announces Integration of GPT-4 Into Energy Procurement Software
LAUSANNE, Switzerland (PRWEB) May 11, 2023 -- Datapred, the integrated online software for energy buyers, today announced new reporting, market analysis and decision support capabilities based on OpenAI’s large language model.
Increased energy market volatility and uncertainty has created significant challenges for industrial energy buyers — especially since most of them still rely on spreadsheets for reporting, market analysis and decision support.
With early access to GPT-4, Datapred has successfully transformed the analyses, forecasts, reports and simulations generated by its proprietary modeling engine — and based on tens of continuous data streams — into plain paragraphs that can be easily understood and shared.
This represents a quantum productivity leap for energy buyers who, by using natural language prompts, can significantly reduce the amount of time spent analyzing and interpreting data, and make more informed decisions.
Datapred will first apply these new capabilities to energy market analyses and forecasts, then to energy procurement reports (buying and hedging transactions, coverage ratios, profit and loss calculations), and finally to the software’s optimization features.
Thomas ORIOL, Datapred SA, https://www.datapred.com/, 41 79 435 82 96, [email protected]
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