4 ms·
> Autobidder is a real-time it observes data and makes decisions continuously > trading and control platform it makes trades on the power markets as well as
by smallnamespace 6y ago
> Autobidder is a real-time
it observes data and makes decisions continuously
> trading and control platform
it makes trades on the power markets as well as controls your battery
> that provides value-based
you can control a model of fundamental economic value embedded in the software, so your decisions can be made not just based on observed market prices, but also your own opinion of what things ought to be worth
> asset management and portfolio optimization,
you view batteries as financial assets and look for ways to optimally manage them to extract the most money, and you can view and manage multiple batteries as a single economic unit
> enabling owners and operators to configure operational strategies that maximize revenue based on their business objectives and risk preferences.
you can choose to have more money with more risk, or less money with less risk
- jeffbee 6y ago>> Autobidder is a real-time >it observes data and makes decisions continuously The correct term for this is "online", not "real-time" which has another meaning.
- gpm 6y agoMy understanding of the terms is that online means it processes streams of data, but not that it is fast enough to keep up with the real world. Realtime means that it is fast enough to keep up with the real world. Realtime seems to be the appropriate term to me. Do you have a different set of definitions?
- nl 6y agoRealtime software often means "hard real time"[1] which is a constraint where a response is guaranteed within a particular time. This is a fairly specific area where special real-time deterministic operating systems are used etc. I think your usage was fine, and the pedantic use of "real time" is dying anyway. There's a whole field of "soft real time" which blends into online, and some parts of the battery control SCADA systems may well be true real time anyway. [1] https://en.wikipedia.org/wiki/Real-time_computing https://en.wikipedia.org/wiki/Real-time_computing
- deleted 6y ago[deleted]
- SEJeff 6y agoYes this is the correct term. Realtime processing in the operating system context vs the streaming data context are different things. https://blog.syncsort.com/2015/11/big-data/the-difference-between-real-time-near-real-time-and-batch-processing-in-big-data/ https://blog.syncsort.com/2015/11/big-data/the-difference-be...
- jeffbee 6y agoI was just responding to the definition given. "observes data and makes decisions continuously" is not a proper expansion of "real-time".
- TwiztidK 6y agoThe time scales it operates in are usually quite a bit larger than systems that would typically be discussed here, but I don't see how "online" would be a descriptor than "real-time".