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Big Data in Utilities: Possibilities and Opportunities

Posted by: Subbi Lakshmanan | August 14, 2013

Today, there is no dearth of data. IT Systems, customers, devices, machines, sensors, gauges, market systems, social feeds, instant messaging, mobile interaction, the list of data sources is endless. Anything and everything is spewing out an unusual amount of data. Businesses are overwhelmed by the sheer volume, speed and complexity of the data. While some are confused as to what to do with this data, others are gearing up to make data work in favour of their business. Unfortunately, utilities companies are lagging behind when it comes to taking advantage of the business value potential presented by big data.