The benefits of energy-efficient appliances aren't always apparent when consumers and businesses are in the market for an upgrade. Most consumers do not think about their dishwashers very often, until they break down and need replacing.
Smart grids are the ultimate no-brainer solution for the sensible use of electricity, the commodity that makes our hyperconnected world possible. These tools can intelligently allocate power, saving the planet's finite resources and cutting consumers' energy bills. However, the barriers to this
Customer relationship management data will offer a way for utilities to redefine their relationships with customers. Traditionally, the utilities sector has been somewhat shielded from economic struggles, but in 2015, customers have options like solar panels that are getting cheaper by the year and
The main goals of smart meters are to minimize outages and deliver enhanced customer service. Utilities also benefit from the usage data collected and returned every 15 minutes. This information allows them to predict usage patterns and change pricing models to improve their revenue stream.
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
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.
Many energy and utility companies get their first introduction to big data after they implement a smart meter project. While traditional meter reading occurs once a month, a smart meter can stream data every 15 minutes, or 2,880 times a month. That’s a whopping 287,900 percent increase in data that
It isn’t until the lights go out and the HVAC system stops working that most of us appreciate how important utilities are to our everyday lives. For the most part, energy and utility companies have operated in a predictable, linear way with reliable service, in spite of population growth and
For more information, download the white paper "Managing big data for smart grids and smart meters" or visit www.ibm.com/bigdata
Evolving technologies in the energy and utilities industry, including smart meters and smart grids, can provide companies with unprecedented capabilities for forecasting
Utility companies are facing a step change in the industry from many factors at once: social and political pressures on generation, increasing data volumes from smart grid and advanced meter infrastructure (AMI) technologies and sweeping regulatory changes amongst. Evolving technology in the