EBD-C 2013 - Utility & Grid Analytics

The utility and grid analytics market is poised to explode over the next five years, with estimates that utilities will spend well over $1 billion per year in smart grid and other analytics capabilities by 2020. Analytics are seen as driving savings across the entire enterprise ? from asset planning and management; to load balancing and management; transmission planning, management, maintenance and reconfiguration; resource distribution and renewables integration; demand anticipation and response; power grid management and modification; risk management; competitive pricing; and consumer energy reduction and savings. The ultimate goal is to achieve all this in as near real-time as possible, on the way to becoming an “intelligent utility.”