Companies are capturing and digitizing more information than ever before. According to IDC, the world produced one zettabyte (1,000,000,000,000 gigabytes) of data annually. Fueling this data explosion are over five billion mobile phones, 30 billion pieces of content shared on Facebook per month, 20 billion Internet searches per month, and millions of networked sensors connected to mobile phones, energy meters, automobiles, shipping containers, retail packaging and more. Big Data is a…Continue
Added by Stan Mason on January 16, 2012 at 9:30am — No Comments
The smart grid is leading the power industry into a data and analytics boom as its implementation phase gives way to its value phase, according to Christine Richards, senior analyst with Energy Central's Utility Analytics Institute.
Richards defined the decade from 2000 to 2010 as the smart grid's development phase, the five-year period from 2007 to 2012 as the infrastructure, or implementation phase and the decade from 2010 to 2020 as the value phase.
In the value phase, grid…Continue
Added by Stan Mason on January 4, 2012 at 8:17am — No Comments