USA: Utilities worldwide must maximize efficiency for constrained energy resources. Many are realizing the smart grid vision by using SAS Analytics and SAS Data Management to discover powerful insights buried in volumes of new data.
SAS enables utilities to harness data for pinpoint control and monitoring, usage and demand forecasting, rapid diagnosis and repair, as well as predicting output from renewable sources such as solar and wind.
For those capabilities, business analytics leader SAS is ranked No. 1 for smart grid analytics and data management/movement in the recently released utility industry report, The Soft Grid 2013-2020: Big Data & Utility Analytics for the Smart Grid, by GTM Research.
In addition to trends and predictions for the soft grid, the report forecasts that cumulative global spending on smart-grid-related analytics will top $20.6 billion between 2012 and 2020, with annual spend reaching $3.8 billion globally in 2020.
The group estimates that, for utilities deploying these technologies, the achieved return on investment will exceed $121.8 billion globally over the same time period. Explore this white paper, High-Performance Analytics for the Smart Grid, to see how utilities overcome barriers.