In case you weren’t aware of the importance of forecasting for a utility company, it’s really BIG. Not only are you predicting the amount of power required to keep the lights on for fickle residential customers and for complex industrial businesses, you employ hedging strategies to protect against any unforeseen
Our perceptions can impact others and influence decisions. As a result, I always like to understand each customer's perception of what SAS is and what we do. There is no right or wrong answer to this question, however the response provides me with a chance to listen to our customers.
Engineers who implement process control can use analytics to think outside the of box. Better yet, they can use analytics to help solve the issues and risks associated with being inside the box or outside the box in the first place. Read on to learn what box I'm referring to
"Big data" is a big deal for electric utilities. In a smart power grid, when you turn on the lights, you're generating data. When your neighbor plugs in his electric vehicle, he's generating data. When a heat wave causes retailers to crank up the air conditioning, they're generating data. All
The value of analytics to solve multiple business problems really makes analytics the ultimate reusable business investment, or as they say in the energy industry, it may be called a renewable resource. As I've commented before, organizations spend billions of dollars on storing data, and unless you happen to be a
How often do you question the availability of power? Outside of weather events, the answer is probably, “not much.” But what if you have an electric vehicle? Or manage a data center? Rely on either of those technologies and you might consider electricity as a constraint, around which you plan
Contrary to popular belief, utility executives are ramping up for “big data” in a “big way.” This industry, which historically focused on operational technologies like pole-mounted hardware, is making a big shift to information technologies to support initiatives such as distribution optimization and fraud detection. We recently invited senior utility
The Networked Grid event has kicked off in the Triangle. Home to over 60 companies working on smart grid technologies, the Research Triangle may be “the silicon valley of the smart grid,” says conference host GreenTech Media (GTM). As a leading analytics player already installed at over 500 utility customer sites, certainly SAS
Managing the deluge of smart grid data. Responding to the increased demand for customer intelligence. Implementing analytics for grid optimization. These were just a few of the topics covered at this week’s inaugural “Utility Analytics Summit.” Utilities have been grappling with implementation of smart grid devices for several years and
Earlier this month in Washington DC, utility executives shared the pains and triumphs in the turmoil that is today’s energy market. With a patchwork of regulatory frameworks across North America coupled with discouraging economics of many smart grid investments, utilities seem more disparate in projects and management than ever before.
