Investment to strengthen data insights for energy and sustainability management
SPOKANE, Wash. — Ecova, an energy and sustainability management company, has made an investment in TROVE Predictive Data Science, a data analytics company. Ecova said it will leverage TROVE’s data technology with the objective to save money for its client portfolio. TROVE technology enables analytical solutions that continuously learn, to deliver data-driven insights for companies interested in better managing data and assets, and reducing energy and resource consumption.
TROVE utilizes proprietary algorithms to find correlations in data. The company said this technology has increased energy efficiency program response rates by nearly 300 percent compared to traditional methods and delivered energy reduction per customer by 37 percent.