Silver Spring Networks, a networking platform and
solutions provider for the smart grid, and EMC Corporation announced their agreement
to provide a smart grid analytics solution for the utility industry.
This solution is expected to empower utilities with
insights from the data generated from the millions of devices on the smart grid
and across the utility enterprise.
Utilities are facing a Big Data challenge in which
massive amounts of data are being generated but with limited tools to derive
value from it.
With the new analytics solution, data from across the
utility enterprise will be combined and correlated to improve grid reliability,
reduce operational cost and enhance customer management.
The solution will leverage the EMC Greenplum Unified
Analytics Platform to build the Silver Spring analytics engine to deliver a
secure and standards-based interface supporting Silver Spring, utility and
third party application development.
“The promise of networking millions of homes and
businesses has always been about improving utilities operational effectiveness
and service for their customers. Using advanced analytics is a natural step
towards this objective,” said Scott Lang, CEO, president and chairman,
Silver Spring Networks
Silver Spring and EMC data scientists are creating
algorithms capable of analyzing smart grid data to make it actionable and
valuable to utilities and their customers. This solution will be available to
all utilities, regardless of their smart grid networking technology, MDM
solution or other legacy systems.
“Utility companies are rich with invaluable data,
from the back office to the network edge, and have an unprecedented opportunity
to maximize Big Data solutions to transform their businesses and vastly improve
the services they deliver,” said Bill Cook, president and general manager
of Greenplum, a division of EMC.
By Telecomlead.com Team
editor@telecomlead.com
