Why Smart-Grid Analytics Are a Big Deal
Source: Washington Post, Emi Kolawole (8/16/11)
"Upgrades to the energy grid are leading to a 'data tsunami,' according to clean-tech market research, but the industry needs programs that can make it actionable for energy producers and consumers."
Upgrades to the nation's energy grid, which include the installation of smart sensors and nodes, are likely to have a fundamental effect on the way we monitor our energy usage.
The installation of these new technologies is leading to a "data tsunami," according to the clean-technology market research and consulting firm Pike Research. But the industry is still in need of programs that can read the data and make it actionable for both energy producers and consumers. The emerging smart-grid data analytics industry is projected to generate $11.3 billion in revenue between 2011 and 2015, according to a Pike Research report. . .View full article