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Smart Grid Data Analytics Benefit Utilities through Better Operations and Planning

Smart Grid Data Analytics Benefit Utilities through Better Operations and Planning

Table of Contents

Market Study
Published: December 2012
Pages: 7
Tables: For full details, please email keithw@cmsinfo.com
From: GBP 328.95  Buy Now!
Research from: GlobalData
Sector: Power

Smart Grid Data Analytics Benefit Utilities through Better Operations and Planning

Summary

GlobalData?s report ?Smart Grid Data Analytics Benefit Utilities through Better Operations and Planning? provides an analysis on the benefits of smart grid data analystics to utilities . Data analytics refers to the process of collecting, collating, segregating and intercepting data generated from smart grid devices to arrive at meaningful insights. Smart grid data analytics are a great value proposition for utilities. More than ever, utilities now have better choices and more prospects to innovate their business models and operations. Smart grid data analytics offer the possibility of to more effectively interpret the data they receive, turning it into useful information for decision-making in major areas such as system planning and network operations. The ultimate aim of analytics is to enable strategic insights that have not been possible previously due to a lack of relevant, specified data, and then to devise strategies based on these insights to manage energy assets and resources more effectively.

Scope

- Variety of applications and intelligence to utilities through different data types and analytical methods
- Superior customer engagement and services
- Effective network and business planning through smart meter data analytics
- Increasing smart grid analytics market through data warehousing and cloud computing developments

Reasons to buy

- Identify key growth and investment opportunities in smart grid data analytics market
- Gain insight on the benefits of data analytics to the utilities
- Develop strategies for market penetration

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