Karachi Electric has become the very first corporate in Pakistan to pose a real time data mining challenge through the platform of Pakathon Data and Design Connect 2014.
The universities that participated in this competition included IBA, IVA, FAST, MIT, Boston University, Karachi University, Bahria University, NED and Szabist.
Other organizations that posses data challenges other than K-Electric are Aman Foundation, Civil Hospital and Engro. They have also asked students to come up with innovative ideas and solutions for the operational challenges being faced by these companies/institutions.
After successfully revamping the government brand KESC to K-Electric, the newly privatized organization has now stream-lined the electric-supply to a great extent but is yet to curb theft of electricity in high loss areas, which in turn causes continuous load shedding.
The challenge for the teams was to pitch ideas to solve this situation. The response received was overwhelming with five teams that were shortlisted including a team lead by an MIT professor.
The winning team at the end of the event was selected by KE’s operational team for the best idea and was awardedPKR 200,000 as prize money, courtesy of KE.
A spokesperson of KE said, “We are proud to be a part of this where such talented individuals come up with solutions for organizational operations. We will be testing out some of the solutions provided by the winning team for the next few months for adaptability and reliability”