Albany, NY — 04/26/2018 — Smart grid data analytics consists of solutions that enable the analysis of the deluge of data produced during smart grid operations. These solutions are increasingly gaining significance among utility providers and energy companies to effectively manage grid operations, plan investment in distribution networks, and monitor consumer behavior.
Obtain Report Details @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3966
The demand for sustainable and cost-effective supply of power by consumers and producers in the utility industry has catalyzed the smart grid data analytics market. In a constantly evolving energy landscape, large volumes of data are generated from sensors, smart meters, automated distribution systems, and other sensing equipment. Utility owners or providers utilize these data to manage consumption and demand, reduce downtime, and prevent power outage.
Obtain Brochure For Latest Technology Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3966
Based on the type of solution, the smart grid data analytics solution is segmented into advanced metering infrastructure (AMI), demand response analytics, asset management, grid optimization, and energy forecasting and data visualization solutions. Among these, the asset management occupied a major market share in 2014, in terms of revenue.
Download TOC @ https://www.transparencymarketresearch.com/report-toc/3966
However, the accelerating adoption of smart metering technologies and the increasing reliance of AMI to manage various smart meters technologies are key factors expected to bring AMI analytics segment to the forefront. By the end of 2022, the segment is estimated to garner a higher revenue than generated by the asset management segment.
Latest posts by Maria Burns (see all)
- Dubai Moves to Honour Knowledge Pioneer With $1 Million Mohammed bin Rashid Al Maktoum Knowledge Award - May 20, 2018
- Court Dismisses Andrea Tantaros Lawsuit Against Fox News And Pete Snyder - May 20, 2018
- President Jimmy Carter spurs Liberty University Class of 2018 to success through service - May 19, 2018