Home >> Digital >> Article

Siemens, Teradata in global pact for big data in utility sector

17-April-2013
Font Size   16
Siemens, Teradata in global pact for big data in utility sector

Siemens Smart Grid Division and Teradata have announced a global strategic cooperation in the field of big data. Through this collaboration, Siemens Smart Grid further optimises its portfolio of solutions which will provide energy utilities with a much higher level of transparency on the status and activities in their networks. This will enable the customers of Siemens Smart Grid to improve reliability of their infrastructure and to run their grids more efficiently in an increasingly cost-sensitive environment.

Siemens and Teradata will be the first to offer end-to-end integration of operational data with smart meter data for analysis on a single platform, providing an entirely new view on the network. The companies are jointly developing data models - including providing further enhancements to Teradata’s industry leading Utilities Logi-cal Data Model, the fundamental building block for utilities data analytics. The Teradata Utilities Logical Data Model provides the structure and standardisation to address crucial business questions, makes data accessible, enables data to be reused in other applications, and allows fast and accurate communication with customers and regulators.

“Based on the broadest smart grid technology portfolio and our leading position in energy automation and meter data management, we know which data are key to an optimised operation of networks. Combined with Teradata’s expertise in analytic data solutions, we can provide our customers with relevant and valuable information allowing them to make faster and significantly more informed decisions,” said Dr Jan Mrosik, CEO of Siemens’ Smart Grid Division.

Teradata’s Unified Data Architecture (UDA) is a secure and cost-effective framework for smarter data management, processing, and analytics that enables utilities to exploit all their big data – as huge quantities of data are called today. Data of this scale are generated when utilities operate infrastructure, which the Siemens Smart Grid Division has upgraded from traditional networks to smart grids, with enhanced automation, new sensor technology, communication systems, and software applications. A good example is the Smart Meter: 1,000,000 of these devices alone can produce a data volume of up to several petabyte a year. According to IMS Research, today there are 178 million smart meters for energy installed, this number is expected to rise to 343 million by 2016.

While utilities face an increasingly challenging business environment, the emerging IT evolution in the energy sector is proving to be a key competitive solution for utilities. To remain competitive and able to meet ever changing regulatory and economic requirements, utilities have to utilise both technological and commercial data generated at ever shorter intervals to optimise their systems. Only the ability to collect, organise and analyse this volume and variety of high-velocity data in a way relevant and accessible to business will bring real value to utilities.

Utilities can quickly assess costs and time needed to restore power if there is a blackout, and thus proactively provide their customers with better information. Queries about transmission losses relative to manufacturer types, geographical locations, and weather conditions will enable better planning of networks and load flows. Maintenance can be performed based on data about actual wear, rather than on a fixed cycle. Through the implementation of geographical data their workforce can be deployed more efficiently.

“Of course, just collecting and storing data doesn’t drive a cent of value to a utility’s bottom-line or help a utility’s customers understand their energy consumption,” said Hermann Wimmer, President, International, Teradata. “By integrating their data and running their analytics on the Teradata platform, utilities can apply intelligence to networks and use meter, asset and other sources of data to gain operational efficiency, improve service and increase customer satisfaction. That is where the value lies.”
 

Tags e4m

Kartikeya Sharma says that June has been the best month for sales in the 11 years that the brand has been in India

The newly appointed CEO of ZEE5 on how he aims to have the widest appeal in the OTT space amongst Indian consumers

The VP, Marketing and Communications (South Asia), talks about the company's growth strategy, its focus areas, impact of demonetisation on consumer behaviour and much more

Siju Prabhakaran, South Cluster Head, Zee Entertainment Enterprises Limited, talks about channel's rebranding, extending fiction shows to weekends and much more

right
left
RADIO CITY CELEBRATES ITS 17TH ANNIVERSARY WITH CONCERT, AWARDS AND FUN 5TH EDITION OF TIMES NOW & ICICI BANK’S NRI OF THE YEAR AWARDS GLOBAL INDIANS PITCH CMO SUMMIT BENGALURU SEES TOP INDUSTRY LEADERS AND MARKETERS IN ATTENDANCE DISTINGUISHED JURY COMES TOGETHER TO PICK WINNERS FOR PITCH’S TOP 50 BRANDS PITCH CMO SUMMIT BANGALORE SEES TOP CMOS ACROSS INDUSTRIES IN ATTENDANCE 1ST REPUBLIC TV GULF INDIAN LEADERSHIP SUMMIT & AWARDS HONOUR STALWARTS OF INDIAN GULF BUSINESS COMMUNITY SONY YAY! CELEBRATES ITS FIRST BIRTHDAY WITH PARTY FOR TRADE PARTNERS THOUGHT LEADERS AND TOP DIGITAL MARKETERS SPEAK @ EXCHANGE4MEDIA GROUP’S TECHMANCH 2018 IN MUMBAI EXCHANGE4MEDIA’S IDMA 2018 RECOGNIZES INDUSTRY’S BEST DIGITAL MARKETING CAMPAIGNS REALTY PLUS UNVEILS COFFEE TABLE BOOK AT 10TH CONCLAVE & EXCELLENCE AWARDS @AHMEDABAD EMINENT JURY CONGREGATES TO PICK WINNERS OF INDIAN DIGITAL MARKETING AWARDS 2018 OFF THE CUFF SEES ‘SWACHH BHARAT ABHIYAN’ MAN PARAMESWARAN IYER IN CONVERSATION WITH SHEKHAR GUPTA EXCHANGE4MEDIA’S LOUDEST.IN HOSTS INAUGURAL EDITION OF MUSIC INC. IN MUMBAI EMINENT JURY CONGREGATES TO PICK IMPACT’S 40UNDERFORTY ACHIEVERS PORTER PRIZE & INSTITUTE FOR COMPETITIVENESS RECOGNIZE STRATEGIC ACUMEN IN COMPANIES DELHI AD CLUB-SAARC AWARDS 2018 RECOGNIZE EXCELLENCE ACROSS CREATIVE, MEDIA & DIGITAL AGENCIES BSNL & CALL2ACTION COMMUNICATION INDIA LAUNCH MOBILE ADVERTISING PLATFORM, INFOMO IN NEW DELHI CHILDREN’S RIGHTS ACTIVIST KAILASH SATYARTHI LAUNCHES BOOK ‘EVERY CHILD MATTERS’ SENIOR JOURNALIST VIJAY TRIVEDI LAUNCHES BOOK ‘YADA YADA HI YOGI’ BASED ON YOGI ADITYANATH EMINENT JURY CONGREGATES TO PICK IMPACT’S 40UNDERFORTY ACHIEVERS

With this partnership, Eros Now further enhances its distribution to the larger screen in India and then across Asia

The agency strengthens its portfolio winning the accounts of Lactalis Group’s Anik range, Germany’s Baby Sebamed, Wagh Bakri - Mili Tea, and brands from Emami Group

Sachin Jain says India is the third biggest market for the diamond brand, contributing 35% to its global business