Philadelphia, PA (March 29, 2021) Adapt2 Solutions, a leading provider of AI-enabled multi-market operations and power trading software, has been named winner of the Hybrid Intelligent System Award in the 2021 Business Intelligence Group’s Artificial Intelligence Excellence Awards program.
In 2020 Adapt2 was Awarded Best AI Solutions for Big Data from the AI Breakthrough Awards due to their creation and use of a big data-driven, cloud-native platform to manage energy prices and load forecasts for all North American energy markets. In 2021, Adapt2 Solutions continues to stand out as an energy software provider with the use of hybrid intelligence of four or more different algorithms to provide customers with recommendations for strategic decision making. Adapt2 is the only SaaS solution in this space that provides energy market participants with these types of advanced AI-driven technologies.
“We are honored to have been awarded this AI Excellence Award by the Business Intelligence Group for our achievements in AI. As all organizations globally were affected by a global pandemic, Adapt2 had to respond to unprecedented uncertainty in the past 12 months. As a data analytics provider for the energy industry, utilizing AI to help energy market participants better predict their load forecasts was critical to managing pandemic energy usage. Most of our historical data focused on traditional energy uses and mitigating weather events but did not reflect pandemic effects. Ensuring that our Machine Learning algorithms were digesting data properly to accelerate access to energy market predictive data was an unforeseen challenge that we quickly were able to overcome”, said David Nilsson, Senior Vice President at Adapt2 Solutions. “The consistent challenge with hybrid intelligent systems is the balance between different algorithms and human interaction. These challenges drive Adapt2 to provide clients with the best solutions in the industry.”
Adapt2 has continued to grow rapidly by offering potential clients the most technologically advanced, easy to use, and customer-centric solutions for energy market participants. Adapt2 being a cloud-native solution that can be deployed anywhere virtually helps streamline and automate processes for challenges the energy industry faces. Adapt2 Solutions continues to add to its client base, currently serving seven of the nation’s top ten utilities.
“We are so proud to name Adapt2 Solutions as a winner in our inaugural Artificial Intelligence Excellence Awards program”, said Maria Jimenez, chief nominations officer for Business Intelligence Group. “It was clear to our judges that Adapt2 was using AI to improve the lives of their customers and employees. Congratulations to the entire team!”
About Adapt2 Solutions:
Adapt2 Solutions (Adapt2) is the leading provider of AI enabled multi-market operations software designed to help market participants streamline all of their front and back-office operations. Founded in 2008, Adapt2 delivers market-based solutions on the latest and most current technologies providing customers with fast, intuitive, and stable user experience and performance. With over 160 market implementations representing over 2500 market participants, Adapt2 is a leading solution provider in the energy industry. Adapt2 Solutions is a privately held company based in Houston, Texas. To learn more about Adapt2, please visit www.adapt2solutions.com.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers. To learn more, please visit www.bintelligence.com.