Research Library > Netezza IBM US > Discover the Changes Needed for Utility Companies to Remain Competitive

Discover the Changes Needed for Utility Companies to Remain Competitive

White Paper Published By: Netezza IBM US
Netezza IBM US
Published:  May 09, 2012
Type:  White Paper
Length:  8 pages

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 utilities space has generated unprecedented data volume and complexity which will continue to grow as the industry continues to transform and evolve. To remain competitive utility companies will need to change from the traditional infrastructure-led business model to one being more information- and services-led.

Given this highly challenging information and data environment, utilities are focusing increased attention on business intelligence and advanced analytics to provide data-driven decision-making as they plan and manage change. Demand for advanced analytics is growing, necessitating an integrated view of company data across the disparate operational silos. Utilities achieving this data integration and ensuing analytical capabilities can gain productivity, increase profitability, enhance efficiency, reduce the carbon footprint, and improve customer satisfaction.





Tagsutilities, analytics, ibm, carbon footprint