Predictive Analytics Can Boost the Bottom Line

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Presentation transcript:

Predictive Analytics Can Boost the Bottom Line Utilities expect smart grid rollout and the corresponding implementation of predictive analytics to improve revenue protection and reduce asset maintenance costs How long do you think it will take your utility to realize a positive return on its smart grid analytics investment? Improve Asset Investment Planning with Predictive Analytics TAKE AWAY 1Respondents asked to select all that apply Complete List 70% Improving revenue protection  61% Reducing asset maintenance 57% Reducing asset replacement   54% Reducing capital infrastructure costs 50% Analyzing and assessing distributed generation 41% Reducing generation planning costs 39% Reducing generation operations costs 26% Assessing electric vehicle impact

Predictive Analytics Can Boost the Bottom Line Utilities expect smart grid rollout and the corresponding implementation of predictive analytics to improve revenue protection and reduce asset maintenance costs In what utility processes do you expect to achieve the greatest value from predictive analytics?1 How long do you think it will take your utility to realize a positive return on its smart grid analytics investment? 70% Improving revenue protection Reducing asset maintenance costs Reducing asset replacement costs Reducing infrastructure costs Analyzing distributed generation Reducing generation planning costs Reducing generation operations costs Assessing electric vehicle impact 61% 57% 54% 50% 41% 39% 26% Improve Asset Investment Planning with Predictive Analytics TAKE AWAY 1Respondents asked to select all that apply Complete List 70% Improving revenue protection  61% Reducing asset maintenance 57% Reducing asset replacement   54% Reducing capital infrastructure costs 50% Analyzing and assessing distributed generation 41% Reducing generation planning costs 39% Reducing generation operations costs 26% Assessing electric vehicle impact