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Data Growing at Unfathomable Speeds

Paul Korzeniowski's picture
B2B Content producer, Self-employed

Paul is a seasoned (basically old) freelance B2B content producer. Through the years, he has written more than 10,000 items (blogs, news stories, white papers, case studies, press releases and...

  • Member since 2011
  • 1,593 items added with 565,665 views
  • Apr 2, 2021

In 2020, the world generated 64.2Zettabytes (1 zettabyte is 1 trillion gigabytes) of data, and that number is expected to grow to 180.8Z bytes in 2025, a compound annual growth rate (CAGR) of 23%, according to International Data Corp. Cloud and edge computing are driving the growth and forcing utilities to craft sound policies in order to manage the massive data influx.

Cloud computing simplifies the deployment and maintenance of utility Information Technology (IT) systems. These solutions offer high levels of automation, so creating and managing computer infrastructure becomes simpler. Popular public cloud services from vendors, like Amazon Web Services, Microsoft, and Google, enable utilities to offload maintenance work to technology experts.

Movement to the Edge

Edge computing is growing faster than cloud, according to IDC. Here intelligence is placed in small Internet of Things (IoT) devices, like sensors. Utilities are deploying this technology to better monitor their physical infrastructure, such as their generation plants, transmission lines, and smart grid, which represents complex, enormous investments.

Managing the rapidly swelling volumes of data is becoming quite challenging. New tools, such as data warehouses, data analytics, and artificial intelligence and machine learning, are emerging to aid in the work.

As technology advances, energy companies generate more information. The data can help to improve their operations, but they need to put checks in place in order to proactively manage it.  


Robyn Lowe's picture
Robyn Lowe on Apr 5, 2021

More data, more data breaches. On the up side better predictions and long term planning.

Matt Chester's picture
Matt Chester on Apr 5, 2021

Are you perhaps suggesting that there's a 'sweet spot' where the increased data has more benefits that outweigh the potential breaches? Or is that intangible? And more importantly, does that matter-- can you introduce the digitalization and influx of data only in a partial sense or is it just something you turn the hose all blast on and deal with what comes out? 

Paul Korzeniowski's picture
Paul Korzeniowski on Apr 6, 2021

Interesting points. It does seem that utilities as well as other companies will trade collecting more information that may improve their business versus their own inability to fully protect that information, which increases the likelihood of a breach. What choice do they have? If they do not embrace technology to improve their operations, their competitors almost certainly will. 

Paul Korzeniowski's picture
Thank Paul for the Post!
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