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Data Analytics & Intelligence: Creating Real Value

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This item is part of the Special Issue - 2020-12 - Data Analytics & Intelligence, click here for more

Talking about Data Analytics and Intelligence independent of the applications, time lines, environment, society, and finance not only is useless, it is incomplete too. What utilities want is sustainability in their services and financial situations. Can they get to that sustainability point just by employing the intelligent technology and data analytics? I don’t think so!

Intelligence can give us the opportunity of micro grids and serving the rural areas and strengthening the current serving areas and grow our customer base and geographical foot print. Data analytics can give us the power of understanding the customers demand and weaknesses of ourselves in the serving areas and harmonizing the service with the demand. But is this what we should really want? If the answer to this question is yes, then I have to say unfortunately we are not on the right track!

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If we really want to create values for our customers and societies and communities, we need to think big. David Irvine, who is a Canadian author and speaker says if you want to make small changes, change the way you DO things, and if you want to make big changes, change the way you SEE things. If we want to create a real value, we must think of sustainability all the way from A to Z. And when we come to sustainability, we need to think of its three major pillars of Environment, Society, and Finance.  

We must think of sustainable operations and environmental stewardship at the same time. We need to think of the development that meets the needs of the present without compromising the ability of the future generations to meet their own needs. This includes all the resources we can use today from technology to people to environment. And environmental stewardship is the wisest use of those finite resources in nature to produce the greatest benefit while maintaining a healthy environment for the foreseeable future.

Can we achieve that? Absolutely! We get a huge amount of data from our grids and it is just the matter of teaching the intelligence of data analysis to search for the data that would help us to achieve that. And this is not just analyzing the data related to customer usage, demography, serving areas and so on.

We need to analyze the data that gives us the information about the environment, nature, forestry loss, the wastes and their impacts on the environment and so on in addition to the above-mentioned data for the service-demand harmonization.

With the advance technology in Machine Learning and AI, it is not difficult to mine the data and analysis and finding helpful information to achieve and maintain our sustainability. The first step is to change the way we see and modify the way we think and the rest will be easy. Every one of us is responsible towards our future generations by way of we work, think, and live.

Changiz Sadr's picture
Thank Changiz for the Post!
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Matt Chester's picture
Matt Chester on Dec 2, 2020

We need to analyze the data that gives us the information about the environment, nature, forestry loss, the wastes and their impacts on the environment and so on in addition to the above-mentioned data for the service-demand harmonization.

Great point, Changiz. These environmental data points would likely be collected on a less frequent basis, though, right? Or would you see it being collected on an ongoing basis via automated sensors? 

Changiz Sadr's picture
Changiz Sadr on Dec 3, 2020

Thank you for the question, Matt. Unfortunately only environmental experts, and not all of them, collect some of those data. What do they do with that data? I don't know, but hope they use it properly to protect the social, economical, and environmental aspects of their work for the current and future generations as well. The main issue today is not data, and not even collecting it, it is the proper use of data. Hope I have answered your question. 

Matt Chester's picture
Matt Chester on Dec 3, 2020

Appreciate the follow up, Changiz! You did answer my question. 

Changiz Sadr's picture
Changiz Sadr on Dec 4, 2020

I am glad! :)

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