One of the benefits of smart grid technologies is the enabling of high-quality, granular, and near-real time data to be available for advanced data analyses. However, data is only useful if it is of a high-quality and high-frequency which can be analyzed and used effectively in actionable decision-making. This is according to Bryan Spear, Managing Director, Asia Pacific, Trilliant Holdings Inc. (Singapore Branch) who will be speaking at Asian Utility Week 2015.
Importance of advanced data analytics
Spear points out that a number of leading utilities around the world are using Trilliant’s Smart Communications Platform to deliver high-quality and high-frequency data for advanced data analytics which enables them to improve their operational efficiencies, reliability and customer satisfaction. He points to one of their utility customers in the eastern United States as an example-the utility uses the platform to access innovative analyses which helps them to reduce outages, improve operations and save money.
Another utility customer in southern California has been able to leverage the high-quality data from the platform to carry out advanced analyses on their transformers’ lifecycle, resulting in better reliability and improved customer satisfaction for their consumers.
Spear says that an increasing number of utilities in Asia are beginning to realise the importance of attaining high-quality and high-frequency data for more effective decision making.
Choosing the appropriate platform
Spear points out that utilities should ensure that the Smart Communications Platform they opt for will be able to handle not just one smart grid application, but the end-to-end smart grid applications – from Smart Metering, to Smart Distribution, Smart Consumer, even Smart City and IoT applications.
He says that from a technology perspective, it’s important to choose the right platform from the start. This will ensure that the platform has the capabilities to handle all the relevant applications, is future-proof, interoperable based on open standards, and can deliver high-quality and high-frequency data to help utilities perform sophisticated data analytics to put insights into actions.
When it comes to utilities in Asia, Spear says that they are at an advantage since they can draw on the experiences from large scale deployments around the world, thereby reducing their risk profile and improving the project ROI.
He adds that it is also important that utilities choose a partner that will help them deploy the technology most suitable to their specific needs. These partners must also show that they are fully committed to the utility’s long-term success.
Says Spear, “Trilliant truly understands the important transformations happening in Asia – growing economies, growing energy needs and the strategic importance of the energy sectors to ensuring that Asian countries can continue on their economic growth paths sustainably. Trilliant has been in Asia for almost 3 years now and have worked with leading utilities and partners in the region. In some countries, we have also acted as an interlocutor to spur more global cross-collaborations between the US and some of these Asian countries. With our genuine understanding of the Asia Pacific region and our long-term focus and commitment in the region, we will continue to collaborate with our stakeholders in the region to ensure mutual success in helping the region modernize their electric infrastructure in the 21st century.”
In conclusion, Spear adds, “Trilliant is truly excited to be in Asia Pacific-we believe this is the region of the future. With so much growth going on in the region, we are honoured to be able to work with some of the leading utilities and partners in Asia Pacific to help them deliver the benefits of smart technologies.”