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
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Energy suppliers are fighting for prime position in the domestic energy supply market. Disillusioned customers, increased competition due to a flood of new entrants and tighter regulations are forcing suppliers to reassess their business models. According to UK regulator Ofgem, there were 3.8 million account switches in the first six
Research indicates that IoT and Machine Learning are more valuable to utilities when used in combination but there are hurdles to overcome first. Machine learning and IoT will enable utilities to better realize the next generation of the power grid: a distributed system with power flows among millions of things
The Internet of Things (IoT), sensors and connected devices are all the buzz leading up to DistribuTECH (Feb 9-11), so I sat down with one of our IoT specialists, Lorry Hardt to learn more. Lorry will be at DistribuTECH to support our joint demonstration with Intel and gave me the
Operations technology (OT), such as control systems, are crucial elements in our daily lives. They make the stoplights function at intersections. They guide robots with precise movements on the shop floor. Their switches and routers are the backbone of our internet. But what if they were even more intelligent? What
Whether it’s a smart water meter or a complex combustion turbine, expectations of reliability for complex, connected machines have increased across the board. Due to higher visibility and the availability of advanced analytics, companies know they should be able to identify emerging safety and reliability issues in these assets. By
As utilities expand analytic capabilities into more areas of the business, the reality of the data management challenge becomes very real. Most have accepted the era of "big data." But what about the quality of that big data? Is it reliable? What about the governance? Have the processes changed since
There’s a lot of hand-wringing in the oil industry these days. Prices are down, supply and demand are out of balance, companies are merging, and jobs may seem insecure. In uncertain times, individuals can get distracted from professional goals. So, it is in this spirit that I offer 5 analytic
Whether it’s to reduce churn in competitive markets or to elevate customer satisfaction rankings in regulated markets, customer analytics is hot right now in utilities. However, the complexity that utilities have built into their processes and technologies over the past decades makes customer analytics a more challenging issue to tackle
Ask a utility executive about “the utility of the future” and you’re likely to get as many different answers as people you speak to. Whether they’re energy service providers, customer energy advocates or masters of microgrids, the mechanism for maintaining utility revenues is uncertain. At a recent meeting of the