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2
Why Utility Players Need BI/Analytics
- Energy and utility industry players to invest US$7 billion on big data and
analytics in 2014, cross-industry spending at 15% (ABI Research, 2014)
- At an annual CAGR of 25%, the same figure is likely to increase by three times
to US$21 billion by 2019
- Key business drivers: Demand response and generation programs,
personalized customer care, complex customer data, regulatory norms
The Challenge? Utilities lack core IT capabilities in unlocking value data from
millions of smart meters and converting them into business models
3
Smart Meter Era – Need for Change in Utility Business
- Watershed moment: Utilities worldwide have
announced smart meter roll-outs in their millions
- Transition from predictable business models to a
customer-centric one
- Transition from supply-side business model to a data-
driven, demand-based approach
- Which is better?
- Option A: Real time controls over generation, consumption and costs
OR
- Option B:Blindly augmenting capacity and surprising end users with bill shock
4
The Challenge of “Disaggregated” Data!
- Compared to any other point of time in history, utility providers have access to
the largest data set of consumer behavior – over 1 billion data points daily
- “Disaggregated” data of no use to utilities unless convertible to revenue
models
The Solution? Utility Players are looking to leverage Big Data-based predictive,
statistical models derived from historical inputs to create predictable load
forecasting and innovative pricing plans
5
New Utility Revenue Models based on BI/Analytics
- Predicting demand response can lead to up to 90 per cent cost savings
compared to other alternatives such as increasing generation capacity
- Predicting generation response will go a long way in accumulating supply side
cost savings
- Meeting regulatory compliance
- Reducing customer churn: Providing BI-based loyalty programs for customers
without increasing tariff
6
eInfochips’ BI/Analytics Framework to Visualize Energy Data
- Data Collection: Fire/smoke,
floods, weather outage, peak
demand, HVAC, smart home data
- Data Analysis: Predictive
analytics on Normalized to create
demand-side patterns
- Data Visualization: Alarms and
failures mapping, pattern
prediction, prioritized responses
7
Monetization Example – Smart Home Use Case
- 1 million smart devices generate 3 billion
records a month
- Time needed to individually profile 3 billion
records = 2 mins. X 3 billion = 10,000 years!
The Solution? A tool like MongoDB inserts
only 1 million records and retrieves 300,000
saving valuable time, costs and productivity in
data analysis
8
Potential Business Areas for Utilities
- Demand Response Services: Putting the end user in control of their actual
consumption
- Coincidental Peak Demand Programs: When lots of consumers are involved,
utilities can guide them to save on energy bills based on accurate prediction
of coincidental peak demand
- Predicting Resource Demand: Using smart analytics tools, utilities can predict
future resource demand originating from historical data thus avoiding service
disruptions as well as overcapacity concerns.
eInfochips Smart Energy Analytics Solution
Smart
Homes
SMAC Internet of Things
(IoT)
Data integration
module
MongoDB – Events
and device data
processing integration
Tableau – Charts and
Reports for
visualization
Intelligently integrates
application, device,
online and
unstructured data
As a MongoDB
solutions partner,
eInfochips deliver
operational
insights, reduces
costs, improves
customer service
and creates new
revenue streams
Cloud Enablement
Predictive analytics
using Hadoop,
MongoDB, CRM/ERP
BI and ad hoc
reporting over
Tableau
Operating across
public, private and
hybrid cloud
environments,
eInfochips supports
device
integration across
millions of device
endpoints
with security features
like role-based access,
HTTPS and crypto-
secure tokens and
Spring
security framework.
Areas of Expertise
To learn more on smart energy analytics and the
eInfochips solution, please visit the link below to
download our white paper
http://einfochips.viewpage.co/smart-energy-
analytics-for-utilities-whitepaper
Read our White Paper
eInfochips Work Portfolio
11
Application
System
Hardware
Mechanical
BI and Big Data
Cloud
Mobility
e-Commerce
Firmware
Operating System
BSP and Drivers
On-Chip Features
Electronic / PCB
FPGA
ASIC and SoC
IP Integration
Enclosures
CAD Modelling
Ergonomics
Industrial
Thank You
12
marketing@einfochips.com

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Whitepaper - Transforming the Energy & Utilities Industry with Smart Analytics

  • 1.
  • 2. 2 Why Utility Players Need BI/Analytics - Energy and utility industry players to invest US$7 billion on big data and analytics in 2014, cross-industry spending at 15% (ABI Research, 2014) - At an annual CAGR of 25%, the same figure is likely to increase by three times to US$21 billion by 2019 - Key business drivers: Demand response and generation programs, personalized customer care, complex customer data, regulatory norms The Challenge? Utilities lack core IT capabilities in unlocking value data from millions of smart meters and converting them into business models
  • 3. 3 Smart Meter Era – Need for Change in Utility Business - Watershed moment: Utilities worldwide have announced smart meter roll-outs in their millions - Transition from predictable business models to a customer-centric one - Transition from supply-side business model to a data- driven, demand-based approach - Which is better? - Option A: Real time controls over generation, consumption and costs OR - Option B:Blindly augmenting capacity and surprising end users with bill shock
  • 4. 4 The Challenge of “Disaggregated” Data! - Compared to any other point of time in history, utility providers have access to the largest data set of consumer behavior – over 1 billion data points daily - “Disaggregated” data of no use to utilities unless convertible to revenue models The Solution? Utility Players are looking to leverage Big Data-based predictive, statistical models derived from historical inputs to create predictable load forecasting and innovative pricing plans
  • 5. 5 New Utility Revenue Models based on BI/Analytics - Predicting demand response can lead to up to 90 per cent cost savings compared to other alternatives such as increasing generation capacity - Predicting generation response will go a long way in accumulating supply side cost savings - Meeting regulatory compliance - Reducing customer churn: Providing BI-based loyalty programs for customers without increasing tariff
  • 6. 6 eInfochips’ BI/Analytics Framework to Visualize Energy Data - Data Collection: Fire/smoke, floods, weather outage, peak demand, HVAC, smart home data - Data Analysis: Predictive analytics on Normalized to create demand-side patterns - Data Visualization: Alarms and failures mapping, pattern prediction, prioritized responses
  • 7. 7 Monetization Example – Smart Home Use Case - 1 million smart devices generate 3 billion records a month - Time needed to individually profile 3 billion records = 2 mins. X 3 billion = 10,000 years! The Solution? A tool like MongoDB inserts only 1 million records and retrieves 300,000 saving valuable time, costs and productivity in data analysis
  • 8. 8 Potential Business Areas for Utilities - Demand Response Services: Putting the end user in control of their actual consumption - Coincidental Peak Demand Programs: When lots of consumers are involved, utilities can guide them to save on energy bills based on accurate prediction of coincidental peak demand - Predicting Resource Demand: Using smart analytics tools, utilities can predict future resource demand originating from historical data thus avoiding service disruptions as well as overcapacity concerns.
  • 9. eInfochips Smart Energy Analytics Solution Smart Homes SMAC Internet of Things (IoT) Data integration module MongoDB – Events and device data processing integration Tableau – Charts and Reports for visualization Intelligently integrates application, device, online and unstructured data As a MongoDB solutions partner, eInfochips deliver operational insights, reduces costs, improves customer service and creates new revenue streams Cloud Enablement Predictive analytics using Hadoop, MongoDB, CRM/ERP BI and ad hoc reporting over Tableau Operating across public, private and hybrid cloud environments, eInfochips supports device integration across millions of device endpoints with security features like role-based access, HTTPS and crypto- secure tokens and Spring security framework. Areas of Expertise
  • 10. To learn more on smart energy analytics and the eInfochips solution, please visit the link below to download our white paper http://einfochips.viewpage.co/smart-energy- analytics-for-utilities-whitepaper Read our White Paper
  • 11. eInfochips Work Portfolio 11 Application System Hardware Mechanical BI and Big Data Cloud Mobility e-Commerce Firmware Operating System BSP and Drivers On-Chip Features Electronic / PCB FPGA ASIC and SoC IP Integration Enclosures CAD Modelling Ergonomics Industrial