TESCO Tuesday: Realizing Your Investment in Technology Through Analytics
Energy and utility companies are in an unfamiliar territory in which they must integrate alternative energies, expand situational awareness across the system and deepen their relationships with customers. Organizations that want to grow their business are adopting analytics and business intelligence to increase responsiveness, reduce operational costs and improve asset integrity. Business intelligence / analytics are crucial to solving key business problems for all organizations. For utilities, it can turn information from smart meter and smart grid projects into meaningful operational insights and understandings about their customer’s behavior. The analytics opportunity for utilities is clear, but there continues to be a lack of real investment to enable this initiative.
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