Big data analytics has emerged in response to the exponential growth in data and the utility industry, like most other industries, has started to make several transformations with the use of modern devices, says GlobalData, a leading data and analytics company. Cloud computing, machine learning, Internet of Things (IoT), robotics, blockchain and cybersecurity are being deployed by utilities in their operations. These technologies are the big current and future investment avenues for utilities and they all have one thing in common: they generate a huge amount of data. GlobalData’s latest report, ‘Big Data in Utilities – Thematic Research’, highlights how the data generated is growing each year as more […]