In this session, we will go through practical examples of how distribution system operators (DSOs) can utilize cloud based analytics to improve their operational efficiency and make better investment decisions.
Attendees of this webinar will discover;
- How to reduce site visits and unplanned work on smart meter operations
- How to get more return on investment from smart grids and what can be done to extend the life time of this
- How to achieve the optimal investment strategy for future smart grids
Analytics is valuable in every phase of the smart meter lifecycle. In both the installation and communication phase, analytics minimizes the use of expensive labor. Installed meters will generate a large amount of data, and analytics will provide accurate real-time data so that utility providers can correctly bill their customers. And after a few years, when smart meters are at the end of their life cycles, analytics can extend that lifetime by validating their accuracy.
In addition to these benefits, analytics also enables capacity based tariffs and grid planning. This revenue shift can compensate for potential revenue stream reduction. In summary, analytics provides the hindsight, insight, and foresight that is necessary for operators to adapt to evolving network dynamics.