CQuant.io, an energy analytics company, has worked with Microsoft to scale its cQuant energy analytics solution, helping customers reduce their greenhouse gas emissions with reliable renewable energy purchases. Specializing in Total Portfolio Analysis, cQuant’s cloud-native platform enables physical asset, financial contract, market simulation and risk management analytics in one place.
As organizations move forward to reduce their carbon footprint, the procurement of renewable energy often becomes a key strategy. This procurement usually includes long term Power Purchase Agreements (PPA) wrought with uncertainty around price and generation which the industry calls risk. cQuant’s cloud-native energy analytics platform is now using the power of Microsoft Azure.
Explaining the reason behind working together, David Leevan, CEO of cQuant, said, “A modern energy analytics platform requires significant computing resources, which makes working with Microsoft a natural choice. The high-performance computing and scalability inherent in the Azure cloud platform in combination with the cQuant’s advanced analytics platform has helped to deliver timely results to our clients.”
The cQuant energy analytics solution provides insightful and powerful information to companies in moving towards a carbon-free footprint. Companies on this journey often find that this process is complex and look for vendor solutions that support their internal teams to identify the best path forward. With cQuant, companies can individually analyse and manage their renewable assets and get a holistic view of their complete energy portfolio, allowing for smarter decision making.
