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Using Big Data to change the game in the Energy industry

Remember Susan -- my colleague with the 1930 Pontiac Coupe? Recently, on a conference call, she lost all connectivity because of a power outage. She passionately expressed her frustration in our subsequent conversations. Her electric utility company would have recorded and processed her complaints -- if they were ready to process such unstructured data. But, did they? Are utility companies in the Energy sector ready to change the game by processing such data today?

Information Management & Analytics in the Energy industry

So, I work out of my home office which faces our backyard with a lot of greenery and shrubs – something refreshing to look at and rejuvenate ourselves during a work day.  However, once in a while, my eyes do glance down at the meter next to the air-conditioning unit that tracks the energy consumption in our household on a regular basis. In the past, the technician from the utility company would pay a monthly visit to get the readings. However, this is not the case anymore. You see – our electric company is now smarter – they have smart meters which send data at a much higher frequency than man ever collected such information. However, is our electric company geared up to handle this onslaught of data? I wonder.

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