IBMVoice: How To Gird The Electric Grid More Efficiently By Using Cognitive Computing

The electrical grid has become a network of billions of linked devices with highly complex energy and information flows. Add to this the elevated role of the consumer as a producer and you are looking at a massive volume, velocity and variety of data from smart meters, transformers, and substations that remains largely untapped. One extremely interesting solution to the impending challenges is cognitive computing, which is gaining traction among industry experts as a way to better manage data and improve both operating efficiencies and customer service. According to GTM Research, applying cognitive computing is expected to deliver an estimated $121 billion global return on investment (ROI) on grid analytics by 2020. There are three key areas where energy companies are already engaging with cognitive systems to experience real benefits.