Data Governance and Analytics
Utility companies frequently encounter difficulties due to insufficient information about their assets. Much of the utility network infrastructure was installed decades ago, during a period when data recording was not a priority. To overcome this challenge, utilities can utilize newly collected data from smart meters and other modern sources. However, to fully harness the potential of this data, companies must develop a data-driven operation and an ecosystem that supports processes, systems, and personnel. This strategy will enable utilities to create models that accurately represent their current operations, rather than relying on outdated models from the past.