Siemens Smart Grid Division and Teradata have entered into a global strategic cooperation for big data in the field of utility sector.
This collaboration will enable Siemens Smart Grid to enhance its portfolio of solutions which will provide energy utilities within their network. This will ensure the customers of Siemens to improve reliability of their infrastructure and to run their grids more efficiently in an increasingly cost-sensitive environment.
This alliance will offer end-to-end integration of operational data with smart meter data for analysis on a single platform, providing an entirely new view on the network.
Jan Mrosik, CEO of Smart Grid Division, Siemens, said, "Based on the broadest smart grid technology portfolio and our leading position in energy automation and meter data management, we know which data are key to an optimized operation of networks. Combined with Teradata’s expertise in analytic data solutions, we can provide our customers with relevant and valuable information allowing them to make faster and significantly more informed decisions."
“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. 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,” said Hermann Wimmer, President, International, Teradata.
With this partnership, Siemens will provide enhancements to Teradata’s industry-leading Utilities Logical Data Model.
