The paradigm in which we have all lived in an electrified world is changing. The convergence of technology, changing business models, and increasing customer expectations means the way utilities have operated for the last 100+ years must change. Further, this change must embrace where the operations side of the business
Tag: utilities
After a few tough years in the trenches, analytics leaders in utilities are emerging and making a difference as their utilities vie to stay relevant in the ever-changing energy landscape. At the core of this emergence are leaders that are embracing open analytics platforms and pushing analytics to the edge.
Regulations, corporate drivers, leadership and market influences have combined to produce a patchwork of uneven progress on initiatives such as distributed generation, customer choice, asset optimization and the industrial Internet of Things. These initiatives all rely on analytics to gain the most return on investment. To better understand organizational readiness
Tell me if you’ve heard this before: Your company hired (or re-titled) a talented data scientist and they have great skills and no data. Or they're marginalized by IT because they're misunderstood. They're offered “cleansed” data that will fit into the hardware provisioned. What they want is “all” relevant data
The utility industry is ripe with analytic opportunities. Usually, when I share that perspective, thoughts immediately jump to making the energy grid more efficient. Certainly, there are efficiencies to gain with improved data about where power is being consumed and the sources that are available to support it. However, there
Ready for another (soon to be classic) fun, custom-made for IT holiday jingle?? Fire up the hot chocolate, gather around the water cooler and belt this one out at the upcoming office party: Have a holly, jolly smart grid It's about time we upgraded our electric infrastructure I don't know
“Analytics” and “data scientist” aren’t new terms, but they are trending buzzwords. The popularity of these concepts has created a false impression: Analytics are mysterious abstractions that can only be decoded if you have a white lab coat and an advanced degree in computer science. The reality couldn’t be more different.
Utility leaders are struggling with a world that's quickly changing and barely recognizable from the one they knew growing up. Many of the old assumptions are gone, and the business model upon which careers have been built is on the verge of disappearing. So what does the internet of things
Yesterday I opened up the Wall Street Journal and found the usual mix of ads from major technology vendors touting their IoT (Internet of Things) prowess, and claiming they all have the secret sauce to make all of our IoT dreams come true. Where do I sign up?! Meanwhile, back
Utilities, like all large organizations, spend a lot of time and resources on strategy. But how do utility analytics leaders ensure that their efforts are connected to this high-level vision? On June 28th in Los Angeles, a small gathering of utility executives and analytics leaders met to discuss and explore