- Real-time analytics engine will help CGI Central Market Solutions to manage 
and analyze large meter data volumes within new Central Energy Market 
Information System

KX [https://kx.com/], maker of kdb, the world's fastest time series database 
and analytics engine, will help optimize Polish utility operations through its 
partnership with CGI [https://web.cgi.com/en]. PSE, the Polish TSO recently 
selected CGI to implement a new Central Energy Market Information System 
(CSIRE). KX, which is embedded within CGI Central Market Solutions (CMS), will 
help manage large meter data volumes and highly complex analytics for the 
project. The market size is estimated at 20 million metering points across the 
country.

CSIRE is intended to simplify and enhance data exchange across Poland's retail 
electricity market by unifying utility information processes and standards. 
Through the system, CGI will help PSE collect and process the electricity 
market information and metering data necessary to drive increased competition 
in the retail energy market, facilitate new value-added services, implement new 
business models and drive innovation.

Critical to its success is the efficient data management of these metering 
points, which are expected to produce 7 billion readings per day. Enabled by 
KX's highly performant time series data and analytics solution. CGI and PSE 
will validate the incoming data and ensure the process data is available to all 
market participants as well as provide aggregated data in support of market 
settlements — driving benefits for PSE's nationwide operations as well as 
Poland's households, enterprises and the retail utility sector as a whole 
including:

- Increased competition in the retail energy market
- New business models and value-added services
- Improved engagement with consumers
- Reduced errors and more efficient energy use

"Meter data is computationally intensive, requiring the analysis and management 
of huge volumes of streaming time series data. The KX Data Timehouse, with the 
kdb+ time series database at its core, was designed to meet this moment," said 
James Corcoran, Chief Growth Officer, KX. "We've witnessed the power utilities 
gain by unlocking the insight within data to address the complexity of today's 
energy environment and look forward to working with CGI again on one of the 
largest energy market projects of its kind in the world to help achieve similar 
success."

"We selected KX specifically for its ability to process and manage time series 
data at speed and scale. The number of smart meters in use, and subsequently 
the volume of data, will continue to increase significantly over time. Together 
with KX, we are perfectly positioned to help Poland revolutionize the energy 
sector and accelerate toward a smarter, cleaner, and more flexible energy 
system, involving higher-frequency meter data and scaling toward real-time 
data," said Mattijs van den Hoed, VP Consulting, CGI.

As energy market operators and participants cope with increasing regulation and 
the demand to deliver additional services, KX technology continues to be the 
high-performance partner for those seeking to become data-driven industry 
leaders. In addition to CSIRE, CGI previously leveraged KX and its kdb+ time 
series database — independently benchmarked as the world's fastest — to deliver 
Fingrid Datahub 2.0 for the Finnish energy market in 2022, a solution which 
aims to create a better experience for consumers while enabling greater 
efficiency. For more information visit http://www.kx.com.

About CGI

Founded in 1976, CGI is among the largest independent IT and business 
consulting services firms in the world. With 90,000 consultants and 
professionals across the globe, CGI delivers an end-to-end portfolio of 
capabilities, from strategic IT and business consulting to systems integration, 
managed IT and business process services and intellectual property solutions. 
CGI works with clients through a local relationship model complemented by a 
global delivery network that helps clients digitally transform their 
organizations and accelerate results. CGI Fiscal 2022 reported revenue is 
$12.87 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). 
Learn more at https://www.cgi.com/en.

About KX

Our mission is to accelerate the speed of data and AI-driven business 
innovation enabling customers to transform into real-time, intelligent 
enterprises. Built for the most demanding data environments, our Data Timehouse 
platform is trusted by the world's top investment banks and hedge funds, and 
leading companies in the life and health sciences, semiconductor, 
telecommunications, and manufacturing industries.

At the heart of our technology is the kdb time series database and analytics 
engine, independently benchmarked as the fastest on the market. It can process 
and analyze time series and historical data at unmatched speed and scale, 
empowering developers, data scientists, and data engineers to build 
high-performance data-driven applications and turbo-charge their favorite 
analytics tools in the cloud, on-premise, or at the edge.

Ultimately, our technology enables the discovery of richer, actionable insights 
for faster decision making which drives competitive advantage and 
transformative growth for our customers.

KX operates from more than 15 offices across North America, Europe and Asia 
Pacific. For more information visit http://www.kx.com or contact: pr@kx.com.

Logo - https://mma.prnewswire.com/media/1866445/KX_Logo.jpg

Source: KX