Number of Figures: 5
This IDC Energy Insights report provides an analysis of utility companies' approach to managing meter data andbeyond strategies. Meter data management is a well-established process to fetch data from the metering systems and supply billing determinants to customer information systems. There are new inflection points that are testing the scalability of current data management strategies for meters and beyond … Utilities require greater visibility into operational data from various sources. Consumers of this data have also increased, requiring that the meter data management application share valuable information in a timely fashion. The report is specifically geared toward utility professionals in the enterprise architecture role.
"This means that enterprise architects have to introduce additional components such as operational data stores and analytics to handle new business processes," says Usman Sindhu, senior analyst, Utility IT Strategies, IDC Energy Insights. "This is an interesting time for utilities' enterprise architects. On the one hand, they are on the hook to deliver systems to handle demand, volume, and scale. On the other hand, they have opportunity to revisit the meter data management architecture and make it robust."