Big Data in Utilities Market

Big Data in Utilities Market

A new research document is added in HTF MI database of 41 pages, titled as ‘Big Data in Utilities – Thematic Research’ with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe or Asia and important players/vendors such as Duke Energy, Enel, EDF, National Grid, E.On, Exelon, SGCC, TEPCO, KEPCO, Innogy, Vattenfall. The report will help you gain market insights, future trends and growth prospects for forecast period of 2025.

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Summary
Big Data in Utilities – Thematic Research

Big data analytics has the potential to address and improve several issues in the power sector – operational, strategic, and financial, among others.

Cloud computing, machine learning, Internet of Things (IoT), robotics, blockchain and cybersecurity are being deployed by utilities in their operations. These are the big current and future investment avenues for utilities, and they all have one thing in common: they generate huge amount of data. And the data generated is growing each year as more and more smart devices and technologies are being deployed within the power systems infrastructure by utilities as well as consumers. Much of the utilities’ infrastructure is becoming smart – meaning that it has built-in processing, connectivity, and sensing capabilities. Electric vehicles (EVs), smart home systems, grid management systems, and many more subsystems are likely to interface with utilities and provide them with potentially valuable data.

The challenge for utilities is to make this data useful and generate actionable insights from it. Benefiting from big data is not straightforward and utilities need to deploy a range of new IT solutions that allow them to collect the data in consistent ways, transport it, secure it, analyze it and store it. Solutions that manage big data in the industry need to quickly make sense of data from multiple sources and in diverse formats. Several big data analytics products and platforms are already being used in order to harness this data.

Currently only a small number of utilities have adopted big data analytics actively. It is mostly the largest utilities in the world and very few smaller utilities that have embraced the technology. While some of these utilities have designated other companies to implement big data in their businesses, some have collaborated with technology companies through partnerships and joint ventures to build new products and services specific to the power sector that can be sold to other utilities.

Scope
– This report explores the usage of Big Data and analytics in the utilities industry.
– The report discusses the latest trends and developments in the field of big data and how these affect utilities. The report further gives a brief analysis of the big data industry and lists several use cases and case studies for big data in utilities.
– The report also explores the value chain of the big data industry and lists the companies implementing big data applications in the utility sector.

Reasons to buy
The report provides –
– A comprehensive analysis of the present scenario and emerging market trends in the global big data industry.
– Insights of the global market leaders and challengers in the big data industry and where do they fit in the value chain.
– Extensive analysis of the applications of big data in power utilities.
– Profiles of major market players within the big data industry, which aid in interpreting the competitive outlook of the big data industry.

Companies Mentioned in the Report
Duke Energy
Enel
EDF
National Grid
E.On
Exelon
SGCC
TEPCO
KEPCO
Innogy
Vattenfall

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Table of Contents
PLAYERS
TECHNOLOGY BRIEFING
TRENDS
Data trends
Technology trends
Data center trends
Macroeconomic trends
Regulatory trends
Utility trends
INDUSTRY ANALYSIS
Growth in big data is being driven by the increased use of broadb

….Continued

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1261883-big-data-in-utilities-thematic-research

It’s vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

This release was published on openPR.

(Excerpt) Read more Here | 2021-01-25 11:23:00
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