This document discusses how utilities can transform big data into smart data to realize business value. It defines big data and provides examples of large amounts of data being generated. The document outlines how utilities can leverage big data and analytics to improve grid operations, asset and workforce management, and smart metering. This enables benefits like increased customer intimacy, more relevant insights, and competitive advantages. It provides examples of business issues utilities may want to address and presents an approach to answering business questions by selecting and building intelligent solutions.