Much has been written about “Big Data” recently, but just where is it headed?
Big Data is really about finding the needles - gathering, sorting and analysing the flood of data to find valuable information with which sound business decisions can be made. We take into account the macro trends of digitisation and renewables in this session as our experts discern the nuances and synergies on the path to operational and trading excellence with Big Data.
Themes to be discussed include;
- The state of analytics performance in the energy sector
- Quantifying Big Data Prize and assessing current Investment progress
- What is holding back energy sector? People vs Tech vs Processes?
- Ensuring analytics driven business value
When applied to energy related businesses however it becomes clear that the “big data” concerns for utilities are not the same as those for energy trading organizations; however the necessity for solving those problems can be as equally pressing.