In the era of big data, leveraging historical data to create impact is becoming increasingly important within all industries. Big data and machine learning are some of the buzzwords that have emerged from this tendency. But how do we actually leverage the data? How do we go from raw data to client value?
In collaboration with Danske Commodities, FACCA is inviting you to a virtual Forecasting Competition centered around data and value-generation. DC is a data-driven energy trading company, executing more than 5700 trades a day. Electricity demand is a central feature used specifically to optimise these trading decisions, and any improvements in forecasting accuracy directly generate more value in DC. This Forecasting Competition will make it possible for you to explore your data science skills by building a forecasting model of your own choice.
The Forecasting Competition will have a duration of three days giving each team the time needed to come up with the best possible solution. However, it will still be feasible to solve the case while attending study- and work matters. A reward of DKK 2,000 is granted for the team that achieved the best results.
Preliminary agenda:
Tuesday 27th of October
- 18.15-19.15: Introduction to case on Zoom with dinner delivered by Wolt
Wednesday 28th of October
- 17.15: Q&A with Danske Commodities on Zoom
Thursday 29th of October
- 10.00 - 15.00: Drop by FACCA’s office for a chat, cup of coffee or snacks
- 22.00: Hand-in deadline
Friday 30th of October
- 16.00 - 17:15: Top three solutions will be presented by the teams on Zoom
- 17.30: Announcement of winner and dinner delivered by Wolt
Application:
The spots are served on a first come first served basis.
To participate at FACCA x DC Forecasting Competition, you must form a team of 2-4 members and upload a PDF with your group name, group members, line of study and length of study. Sign up no later than October 21.
Please be aware that you must be a FACCA-member to participate in this event.