Utilities have done far better than just catch up, despite being a late entrant to the foray. With power consumption hitting the roof and oil reserves depleting, renewable energies have already found a strong foothold as a probable replacement. More than one-third of our electricity comes from carbon-free, renewable sources. Trends indicate a gradual shift to predictive and prescriptive analytics, powered by the faster 5G technologies with less latency, to detect, predict, and prevent anomalies and inefficiencies in the utilities.
On the other hand, though energy utilities rake up a vast amount of data from smart meters, intelligent energy devices, and multi-sensing units, only a fraction of that treasure hoard is leveraged for analytics. This unleveraged data can be utilized to deliver insights that will enable improved customer service and much standardized operational metrics.
In the wake of these developments, we are pleased to feature Siemens, a globally recognized technology company in our annual list of Utility Analytics service providers. Being one the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is providing the right service solutions for gas turbine, steam turbine or generator to increase their efficiency. Utegration, provides data analytics solutions for utilities and enables vendors to offer a more personalized and elevated experience to their customers. Mars Company offers sustainable water meter testing technology for modern-day utilities and government municipalities.
With their unique offerings and in-depth knowledge of the field, these companies have been providing top-of-the-line services to their clients and have established themselves as the market leaders. We publish this issue of Utility Analytics in the hope that it imparts insights and helps companies build partnerships they need to bolster their productivity.
We present to you Utility Tech Outlook’s “Top 10 Utility Analytics Consulting/Services Companies 2019”