Summary
Fast, accurate forecasting of spatiotemporal data is needed in critical industrial domains such as energy (prediction of spatiotemporal patterns in renewable generation, usage and traffic) as well as in public policy. The task is so challenging in scale and scope however as to have been confined mainly to research, while past prize competitions have been limited to forecasts of single dimensional values. Building on our proven success in numerous prize-driven past data challenges, attracting hundreds of participants, we aim to compile and test data grounded on large-scale open European datasets and including specially prepared grid traffic data from Europe’s largest Transportation System Operator. The competition evaluates forecasting algorithms on a cloud platform, tracking accuracy and computational efficiency. Emphasizing cross-specialization knowledge transfer and openness to novel technologies which may spring from different subsectors, we aim to build a platform allowing for coopetitions: the ad-hoc coalescence of competing teams during a challenge aimed at forming sustainable partnerships past the prize scheme itself. We will provide comprehensive documentation for a freely extensible open-source cloud-based specialized computing platform (assembling existing, well tested tools) allowing automated evaluation and feedback as in our latest competitions, but scaled to big data needs. We aim to test this platform and provide baseline results in a smaller scale mini-competition (hackathon). Thus we shall lay the groundwork for a larger prize competition in which evaluation data for predictions may arrive in real or near-real time. We also aim to use our wide contacts with industry, domain and data experts and past participants and winners in order to organize focused meetings of panels to refine value chains in data and algorithms as well as conference workshops, talks and newsletters dedicated to widely advertising challenges to past and new participants.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/688356 |
| Start date: | 01-01-2016 |
| End date: | 31-03-2018 |
| Total budget - Public funding: | 760 806,25 Euro - 760 806,00 Euro |
Cordis data
Original description
Fast, accurate forecasting of spatiotemporal data is needed in critical industrial domains such as energy (prediction of spatiotemporal patterns in renewable generation, usage and traffic) as well as in public policy. The task is so challenging in scale and scope however as to have been confined mainly to research, while past prize competitions have been limited to forecasts of single dimensional values. Building on our proven success in numerous prize-driven past data challenges, attracting hundreds of participants, we aim to compile and test data grounded on large-scale open European datasets and including specially prepared grid traffic data from Europe’s largest Transportation System Operator. The competition evaluates forecasting algorithms on a cloud platform, tracking accuracy and computational efficiency. Emphasizing cross-specialization knowledge transfer and openness to novel technologies which may spring from different subsectors, we aim to build a platform allowing for coopetitions: the ad-hoc coalescence of competing teams during a challenge aimed at forming sustainable partnerships past the prize scheme itself. We will provide comprehensive documentation for a freely extensible open-source cloud-based specialized computing platform (assembling existing, well tested tools) allowing automated evaluation and feedback as in our latest competitions, but scaled to big data needs. We aim to test this platform and provide baseline results in a smaller scale mini-competition (hackathon). Thus we shall lay the groundwork for a larger prize competition in which evaluation data for predictions may arrive in real or near-real time. We also aim to use our wide contacts with industry, domain and data experts and past participants and winners in order to organize focused meetings of panels to refine value chains in data and algorithms as well as conference workshops, talks and newsletters dedicated to widely advertising challenges to past and new participants.Status
CLOSEDCall topic
ICT-16-2015Update Date
27-10-2022
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