04. October 2011 · Comments Off · Categories: News · Tags: , ,

Information is the lifeline of a businesses’ sustainability. With a rapidly changing business climate, evolution of technology, new policies and regulation as well as the emergence of new competitors, energy and utility firms are turning to data to create new business models – a model that incorporates past, current and future predictions. Not too long ago, the process of aggregating raw data was fairly logical and straightforward, however today, it is complex, costly and time consuming. As the growth of unstructured data continues to escalate, so too are the pressures for CIOs to gain better insight, confidently predict outcomes and take actions that stand out amongst a crowded marketplace.

via Keeping the Lights On: Data Overload and its Impact on the Storage in the Smart Grid | The Daily Energy Report.