CCEE, the operator of Brazil's electric energy market, has moved to a new hourly energy pricing model with OpenText's analytics, improving market efficiency and reducing costs. This transition, prompted by regulatory changes and the need for more accurate pricing reflecting real-time demand, was technically challenging due to massive data volume increases. The implementation of Vertica Analytics Platform significantly improved performance by 97%, enhanced system stability with 99.9% platform availability, and reduced total cost of ownership, benefiting all market participants with more realistic pricing and improved decision-making through advanced analytics.

Join for free to read