Utility Data Analytics

Utility analytics is composed of software and services that harness the rich value of big data resources collected by most utility companies. In this fast-growing area of focus for organizations undergoing digital transformation, analytics enables utility companies to quickly capture and analyze a wide range of business variables.

Utility data analytics. The 2020 Utility Data Analytics conference is an industry convention of peers sharing best practices, use cases, and lessons learned from a variety of different energy projects. Hear from leading IOUs such as Exelon, Duke Energy, and Southern Company to The 2020 Utility Data Analytics conference is an industry convention of peers sharing best practices, use cases, and lessons learned from a variety of different energy projects. Hear from leading IOUs such as Exelon, Duke Energy, and Southern Company to EPRI’s latest research on the true value of data applications in the energy field. utility analytics institute member site home page. UAI Connect is an interactive online experience purpose-built to bring together like-minded analytics professionals and thought leaders in the utility industry. A benefit for UAI members, UAI Connect provides members with unprecedented access to the best minds and resources in utility analytics in the world. For utility companies looking to deliver energy efficiently for decades to come, smart meters were just the beginning. In the years ahead, utilities are going to invest billions of dollars into more advanced analytics platforms that will leverage data from their own devices and Internet of Things devices of their customers, according to a recent report from GTM Research, a division of.

Creating a robust foundation for utility data analytics is critical for effective energy management. Envizi helps you leverage your utility data by giving you access to intelligent, analytics-driven insights that help you to identify anomalies and provide all stakeholders in your organization with the information they need to investigate, track and resolve issues. From customer analytics and energy forecasting to revenue assurance, grid analytics and energy risk management, utility analytics solutions from SAS help organizations in the utilities and energy industries harness the power of big data and capitalize on IoT investments. Data analytics must be a critical tool in the utility’s arsenal. However, for the utility industry, advanced analytics are still nascent. Utilities need to define where the sources of value are as well as what services and capabilities they want to provide to their customers, employees, regulators, and shareholders. Today’s Approach. Smart Utility; Data Analytics. The application of sophisticated data mining opportunities to get more out of our grid. Recent. Submit Your T-Shirt Design for Lineman Celebration Week 2020. Sep 03, 2020. Electric Utility Operations. Student Spotlight: NLC Celebrates Future Linemen at Rodeos.

Advanced analytics can deliver enormous value for utilities and drive organizations to new frontiers of efficiency— but only with the right approach. There’s little to be gained from just bolting on a software solution. The real value comes from embedding data analytics as a core capability in the organization and using it to detect pain points, design solutions, and enable decision making. Big data analytics has emerged in response to the exponential growth in data and the utility industry, like most other industries, has started to make several transformations with the use of modern devices, says GlobalData, a leading data and analytics company. Figure 1: The four dimensions of big data, also referred to as the four Vs. Credit. Grid Analytics from GE Digital is designed to forecast system inertia, predict the impact of weather events, and reduce operations and maintenance outages. Learn more about the future of the grid and the technologies that will take utilities from a reactive mode, to a proactive system where they can anticipate trouble before it occurs. Blockchain utility aims to cut data and analytics costs. A tech project, the Tisa Universal Reporting Network (Turn), has claimed that a blockchain utility it has developed will cut costs by 80-90% a year. Third of firms not engaging on climate change, report finds.

Utility Analytics Institute is a membership organization for utilities looking to realize desired business outcomes using data analytics. The institute is centered around a membership experience that allows utilities and solution provider members to share insights, knowledge and practical application techniques. Utilities are sitting on a wealth of opportunity from data analytics, with more information than ever before flowing from smart meters and other sensors, along with traditional sources of data about their operations. Most utility executives see the potential to mine this data for insights, even if they aren’t quite sure how or where to start. Recent Posts. Customer Data Analytics Part 1: Inventing on Behalf of your Customers February 12, 2019; The Trouble with Tons – Tons of Image Data That is September 29, 2020; Wisdom Is In Communities, UAI Communities That Is September 15, 2020; Making AI Work – An NREL “How-to” Guide for Utilities September 1, 2020; Natural Language Processing – Talking In A Way Machines Can. Recent Posts. Customer Data Analytics Part 1: Inventing on Behalf of your Customers February 12, 2019; Wisdom Is In Communities, UAI Communities That Is September 15, 2020; Making AI Work – An NREL “How-to” Guide for Utilities September 1, 2020; Natural Language Processing – Talking In A Way Machines Can Understand July 21, 2020; PG&E, California Fire Foundation Renew Partnership to.

Therefore, for optimized smart grid operation, robust data analytics, efficient data network management, cloud computing, and high-performance computing are pivotal. The energy and utility industry is evolving, and with time, big data and analytics will be an integral part of it. The grid however will also generate terabytes of new information that will require utility companies to transmit, store and manage an unprecedented amount of new data. Our smart grid Data Management and BI solutions can help you scale-up your database operations, expand your storage capacity and put in place business intelligence systems to. Make Data Work Smarter. Oracle Utilities Analytics Platform helps your utility transform smart asset, grid and customer data into useful and actionable information simply, with low-cost, high-impact results that put the power of data science and machine learning at your fingertips. Data Synthesis Solutions Using real, client-supplied datasets, Replica Analytics employs its machine-learning tools to generate high utility synthetic data with supporting documentation regarding the utility characteristics of the data.

What are the requirements for a utility company to employ analytics on its distribution system? It depends on what type of analytics, and how advanced the use case is. At the simplest level, one just needs data and a vision to do this. Our members perform analytics on the distribution system using meter, Pi, weather, observational data, etc.