Changing weather patterns, new types of renewable energy and evolving consumer expectations have challenged the way that utilities do business, and many have responded by offering more options. The American public's embracing of new types of renewable energy has put utilities on the defensive. Some
Marcus Stenstrand, Grid Manager at Fingrid, the national electricity transmission company in Finland, is responsible for keeping the lights on. Learn more about the importance of having IBM Maximo Asset Management at the core of an integrated enterprise asset management solution and how Fingrid is
Big Data & Analytics Heroes
Ben SnymanVP Underground Mining and Smart Services, Joy Global
“Roof stability and effective support is quite a challenge,” declares Ben Snyman, VP of Underground Mining and Smart Services at Joy Global and this week’s Big Data Hero. “If the roof has a problem, production halts. We cannot afford to wait around for a report telling us there is a problem. We
Customers demand control of when, where and how they interact with brands—not just on websites, but across all channels. Understanding and managing customer preferences requires listening, really listening, to customer opt-ins and opt-outs, monitoring their behavior and knowing the type of
Big data and analytics today greatly helps any industry in leveraging the power of realizing greater insights from the constant and overflowing influx of data, be that data-at-rest or data-in-motion. This data, although complexly unstructured and in abundant, when subjected to the right Analytics
The amount of data created is growing rapidly and it is expected that in 2020 we will create a minimum of 40 trillion gigabytes; 40 percent of all this data is expected to come from sensors or machine-to-machine data. All of this data will significantly impact global industries, from creating
Sophisticated analytics are enabling renewable energy companies with deeper insight which helps them better manager the variable nature of wind and solar, and more accurately forecast the amount of energy that can be redirected into the power grid or stored.
The issue of security for the energy and utility industry has historically focused on the physical security of its sites and keeping hackers from accessing the IT environment. This has been reasonably easy to manage as there are limited endpoints, many of which operate in isolation. But this is
Since big data is still relatively new technology, many of you are conducting research and seeking quality educational resources. That's apparent in this list of the 10 most popular analyst reports, ebooks and white papers. We are proud to offer such an extensive library - more than 40 items - from
Looking to harness the power of big data to drive new business models in the energy and utility industry?
Need to enhance operational delivery and define new approaches to distributed generation?
Attend the “How big data is changing the utility landscape” webinar from the Engerati Insight series on
Organizations in the petroleum industry are no strangers to large volumes of data. With the right technology solutions, these companies can move beyond traditional real-time monitoring to more agile real-time prediction. By rapidly analyzing incoming technical and business data—and applying that
For energy & utilities firms, big data is not software or a product or even a technology. It’s a business strategy - a long-term, executive-level commitment to treat information as a strategic asset with IT providing the resources needed to bring it to life.
Technology in the energy and utilities industry is becoming increasingly advanced, including that of smart meters and smart grids. Although the evolution of these technologies provides companies with tremendous business insight, they also generate unprecedented data volume, speed and complexity.
Energy and utility companies face increasing pressure to accurately predict the supply of energy attributable to renewable resources. By factoring in weather and other key variables, utilities can determine their capital investments and where and when to deploy new generation assets. They also seek