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Pecan Street Enhances Smart Grid Technology for Better Analytics

Pecan Street Enhances Smart Grid Technology for Better Analytics

Utilities and energy companies are investing billions of dollars in upgrading and digitizing their electrical grids and metering systems. In a textbook example of the Internet of Things, these smart grids and smart meters use embedded, intelligent sensors to report massive amounts of real-time data about their operations and e...nvironments.

Companies that can process and analyze this data in near-real time—and handle it with appropriate privacy protections—are positioned to optimize operations, minimize service disruptions, and reduce costs. These companies can use data-driven insights to create innovative products and services, encourage appropriate energy usage, and increase customer satisfaction.

With near real-time insights into consumer and grid data, companies can incorporate smarter decision-support capabilities into demand-response solutions that align electricity consumption with supply. Companies can also use their analytic insights to show leadership on popular initiatives such as the industry-led Green Button effort to provide consumers with energy-consumption information and help them turn it into wiser energy use.

Read the full Pecan Street Enhances Smart Grid Technology for Better Analytics.

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