Siemens and Teradata have announced a global strategic cooperation agreement in the field of big data for smart grids.
Siemens and Teradata will be the first to offer end-to-end integration of operational data with smart meter data for analysis on a single platform. The companies are jointly developing data models - including providing further enhancements to Teradata’s Utilities Logical Data Model for utilities data analytics.
In a statement, Siemens said Teradata Utilities Logical Data Model provides the structure and standardization to makes smart grid more data accessible, enables data to be reused in other applications, and allows fast and accurate communication with customers and regulators.
“Of course, just collecting and storing data doesn’t drive a cent of value to a utility’s bottom-line or help a utility’s customers understand their energy consumption,” said Hermann Wimmer, President, International, Teradata.
“By integrating their data and running their analytics on the Teradata platform, utilities can apply intelligence to networks and use meter, asset and other sources of data to gain operational efficiency, improve service and increase customer satisfaction. That is where the value lies.”