Utilities have to cope with a flood of data due to the implementation of smart meters and the overall digitization of their operations. Mozhi Habibi (Leader of IBM’s energy and utility solutions strategy worldwide) calls attention to the challenges faced by utilities and progress made. First the challenges…
To give a fair idea of the challenges posed by a highly digitized grid, he draws a comparison between analog meter reading and what’s obtainable with smart meters: In time past, meter reading was just once every month to show the amount of energy consumed by a customer. However, smart meters can send data every fifteen minutes. This translates to about 35,000 readings or updates per year. Multiply this by the number of meters sending data to a central information pool and you’ll appreciate the sheer volume they now have to deal with.
But with the right adjustments (which has been going on silently in the background), these utilities have been able to improve their business by taking advantage of big data. Read about some of the strides mentioned in the article here...
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