How are European energy companies making use of big data and starting to extract business value from it?
Advanced computing power is allowing utilities to process growing volume of data come from a wide variety of sources such as smart meters, outage management systems, customer data and social media, customer feedback, market data, grid equipment, etc. And the volume and variety is only set to intensify over the coming years. The challenge is converting that data into business value, with almost one half of the same survey respondents responding that they do not “maximize the value of data they collect.”
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