NEWS
MC Digital's case study was selected as a teaching material for MIT Sloan's famous course The Analytics Edge
Press release
MC Digital Corporation (headquartered in Chiyoda-ku, Tokyo; Shingaku Kochi, President & CEO; hereinafter referred to as “MC Digital”), a professional organization that uses technology to solve corporate problems, has included our case study, “Solar Panel Power Generation Forecasting Project,” as a reference material in “The Analytics Edge,” a well-known course at MIT Sloan, an MBA school at the Massachusetts Institute of Technology (based in Cambridge, MA, USA).
“The Analytics Edge”, a famous course at MIT Sloan, an MBA school in Cambridge, Massachusetts, U.S.A., has adopted our case study, “Project to predict the amount of electricity generated by solar panels” as a reference case study. The course is called “The Analytics Edge,” a famous course at MIT Sloan (Cambridge, Massachusetts, USA).
MCD Case Study Selected for MIT Sloan Course Materials, One of the Top 10* in the World
MIT Sloan is the home of the MBA program at the Massachusetts Institute of Technology, one of the most prestigious universities in the United States, and its mission is “to develop principled and innovative leaders who improve the world and generate ideas that advance the practice of management.
One of the MIT Sloan's famous courses, “The Analytics Edge,” has adopted MC Digital's “Project to Predict the Amount of Power Generated by Solar Panels” as a reference case study for its teaching materials. About 500 students, mostly MBA students, take this course every year.
*Ranked 6th in the QS Global MBA Rankings 2023
About the “Solar Panel Power Generation Prediction Project” utilized
One of the EX (Energy Transformation) initiatives is to expand the renewable energy business, and with the introduction of the FIP system in 2022, more accurate power generation forecasting became a key to cost reduction.
In the early stage, before we had accumulated enough data, we used engineering models that did not require learning and could be built based on the mathematical and physical rules. Then, we chose to move to a machine learning model when we had accumulated a certain amount of data. This is expected to reduce costs through imbalance penalties.
For more information, please visit the following link on our website.
https://www.mcdigital.jp/en/casestudies/solarpanel/
The Importance and Effectiveness of Real Data in Learning Environments - from Professor Robert M. Freund
Especially in today’s learning environment in business analytics, it is critically important to have real data for real applications. And learning outcomes are further improved when the motivating application is related to sustainability and serving the public. We used the solar power generation and predication data provided by Mitsubishi Corporation to successfully motivate our prediction modeling tools, and we showed how better prediction can lead to better outcomes for all.
The student engagement and learning was so much better thanks to involvement of the group from Mitsubishi Corporation.
From left, Mr.Honda from Mitsubishi Corporation and Professor Robert M. Freund
About MIT Sloan
The Sloan School of Management was established in 1952 as MIT's fifth School. As a business school within the world's top science and engineering university, it is characterized by a curriculum that aims to integrate management and technology. Hence, the school is highly regarded for its programs that leverage the strengths of the University of Technology.
Sloan has the following mission;
The mission of the MIT Sloan School of Management is to develop principled, innovative leaders who improve the world and to generate ideas that advance management practice.
About MC Digital
Name: MC Digital, Inc.
Address: 11th Floor, Hibiya Mitsui Tower, 1-2-1 Yurakucho, Chiyoda-ku, Tokyo 100-0006
Established: September 12, 2019
President: Shingaku Kochi
Capital: 100M JPY (capital reserves: 50M JPY)
Number of Employees: 72 (as of August 31, 2023) *Full-time employees only