In today's episode of Category Visionaries, we speak with Matei Stratan, CEO of Ogre, an energy management platform that’s raised over $2 Million in funding, about exactly why energy management is critical for our transition to a better energy future, and how Ogre's grid-level AI is set to be a critical part of its infrastructure. Providing the world's first 360-degree view of the entire energy value chain, Ogre provides solutions for everyone from large-scale producers to policymakers to increase both operational and financial efficiency across a whole range of metrics.
We also spoke about Matei's career transition from some of the world's largest financial institutions to startup Founder, everything he learned about analytics and insight along the way, and why he believes that machine learning in energy is the future we all need.
Topics Discussed:
- Why bad forecasting costs time and money across a whole range of industries, and why the need for a solution in the energy sector is particularly acute
- Why developing high level machine learning solutions needs careful balancing of technical expertise with sufficient manpower to get the job done
- Our smart energy future and why a grid-level AI solution is a vital part of the transition infrastructure
- How Ogre's focus on the European market helped them gain vital lessons for their expansion
- Why complexity in the energy value chain is only going to increase, and why machine learning is part of the answer
- How variations in regulatory frameworks and customer priorities mean Ogre has had to stay flexible
Favorite book:
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution