Big Data on the Smart Grid: 2013 in Review and 2014 Outlook - Energy Collective | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it

"Big data" may be the most overused buzz-phrase in the smart grid industry today. But that doesn’t mean that managing, analyzing and deriving operational and customer value from the massive amounts of data being collected by utilities isn’t important and valuable -- or that utilities aren't spending on it. GTM Research has pegged the value of the global utility data analytics market at a cumulative $20 billion between 2013 and 2020, growing from an annual spend of $1.1 billion this year to nearly $4 billion by decade’s end.

 


Via jean lievens