IBM Knowledge Accelerator for Energy and Utilities
The IBM Knowledge Accelerator for Energy and Utilities provides a comprehensive glossary of energy and utility industry requirements, terms and concepts, in plain business language, that can be clearly understood and communicated by both business and IT professionals.
Watch this video for a walk-through of IBM Knowledge Accelerator for Energy and Utilities.
The energy and utilities industry is facing enormous changes due to the differences in how energy is being produced and consumed by customers. In addition to the traditional large power plants generating power onto the grid, there is distributed generation to accommodate. When considering this mix of large scale and distributed generation, co2 emissions comes into play as well as grid stability, availability of generated power, predicting load, costs of the power and lead time to bringing the power online. Customers in tandem are also changing how they consume energy, whether it is the uptake in electric vehicles and associated increased charging load at off peak hours; or a pandemic increasing the normal residential loads to all-time highs and office and retail space not consuming their normal loads.
The energy and utilities industry has the benefit of having a heavily instrumented network that produces vast amounts of data. In addition, there are operational systems managing work, billing, and CRM that are focused on specific category areas. Typically though, all this data can be in one or more siloed systems that are rarely integrated or linked back to a network context. An energy and utilities glossary, independent of any one source and with connected categories, can give a holistic view of the data to help provide information to address typical, as well as emerging and unexpected immediate, business challenges.
- Accounting
- Asset (subcategories for Power and Gas assets)
- Common
- Customer
- Human resources
- Measurement
- Metering
- Outage
- Supply chain
- System network
- Weather
- Work management
- where that asset is deployed on the network
- whether that asset was the cause of an outage
- when that asset was last serviced
- as well as real-time measurements on the asset
- asset failure analysis
- customer churn analysis
- metered usage analysis
- work order dispatching analysis
- CCPA
- CIM
- GDPR
- Maximo
- Personal Information Taxonomy
- The Weather Company
Combined, this set of integrated glossaries that are all linked back to a centralized business vocabulary, give the energy and utilities organization the business language that is needed to underpin a range of key capabilities such as the data governance and operations, data discovery, and self-service Business Intelligence. Importantly, facilitating answering the questions and measuring the business of today by using data already in the organization, but also building a foundation for the questions of tomorrow.
For more information about Knowledge Accelerators, see https://www.ibm.com/cloud/knowledge-accelerators.