 In 2009, Persad founded StatWeather, a weather and climate services corporation specializing in the novel application of Bayesian neural networks and artificial intelligence to automated forecasting systems.The results of this method came to attention of Platts and Energy Risk, winning StatWeather the 2013 Newcomer of the Year Award and ranking as a top global provider in the Weather Data Management category of Energy Risk Software Rankings.Forbes, in an article on the future of innovation, reported that StatWeather "has managed to double the accuracy of weather forecasts.