Smart grid analytics in the new year
SUBNET Solutions Inc | Monday, December 24, 2012
This past year was an interesting one for utilities, with funding for certain smart grid projects slowing, yet interest rising in others - most notably the enormous benefits leveraging big data can have on operational efficiency.
According to Greentech Media, this realization could fuel a period of huge growth in big data analytics among utilities in 2013, when big data is expected to become especially important. This will also be a time when investing in the infrastructure necessary for handling such loads of information will be an imperative business expenditure.
Currently, many utilities are collecting data from a wide range of intelligent electronic devices, but not all of them are putting it to good use. Many experts say in 2013, a growing number of utilities - those that can afford it, at least - will begin to leverage data to improve operations. As the cost of analyzing big data falls due to cloud-based technology, this number will grow even higher, the news source stated.
SUBNET's products help utilities handle the huge flood of information collected by IEDs. SUBNET's Unified Asset Monitoring Information solutions helps these companies drive system analytics from all substation data, and also offers report cards on equipment health.
Substation Automation & Remote Access