Utility Analytics
Harness the power of big data.
How Analytics Powers the Internet of Things for Utilities (2:07)
- Advanced Analytics Maximize the value of your data with the world’s best advanced analytics.
- Data Management SoftwareGo beyond managing your data to unleashing its full potential.
- Marketing AnalyticsTake marketing management to new heights to drive profitable revenue growth.
- SAS® Asset Performance AnalyticsHarness M2M and sensor data to boost uptime, performance and productivity while lowering maintenance costs and reducing your risk of revenue loss.
- SAS® Energy ForecastingImprove energy forecast performance, reduce uncertainties and generate value.
- SAS® Enterprise Miner™Streamline the data mining process to create highly accurate predictive and descriptive models based on large volumes of data.
- SAS® Forecast ServerProduce large numbers of forecasts quickly and automatically to improve planning and decision making.
- SAS® Visual AnalyticsExplore de manera visual todos los datos, descubra nuevos patrones y publique reportes en la Web y en dispositivos móviles.
From campaigns to outreach programs. Get it right with SAS®.
Better targeting, higher response rates and improved campaign ROI. Meaningful, satisfying customer interactions across channels. And cost-effective management of customer outreach programs, sites, products and rates. Our utility analytics solutions propel customer engagement with proven customer analytics capabilities that include:
- Segmentation. Develop highly granular customer segments and models. Understand customers better. And predict how they will act in the future.
- Campaign management. Connect the right offers to the right customers. Plan and manage your marketing programs – start to finish – more efficiently and effectively than ever before.
- Social media analytics. Understand customer sentiment about your brand, products and services across multiple channels – and its relationship to customer satisfaction.
- Demand-response program analytics. Know how to propel your energy efficiency efforts in collaboration with customer education, both today and tomorrow.
Capture detailed energy usage data from smart meters. Combine it with a well-rounded view of the customer relationship. Then design targeted, automated campaigns, and flexibly adjust your responses to customer, business and market conditions. Utility analytics solutions from SAS help you:
- Know your customers. Cleanse and integrate data from billing and operational systems and third parties. Use text analytics to reveal customer sentiment. And gain an accurate picture of the entire customer relationship across brands, channels and locations.
- Build faster, better models and campaigns. Build models to reflect each customer’s response propensity, attrition potential, cost of service, credit score and more. Model the impact of pricing programs on adoption and revenue. And streamline processes with automation.
- See how to adapt. Actually see how different customer segments consume energy – when, where and why – using data visualization. And predict how they’ll use it tomorrow so you’ll know when to change service offerings or adjust forecasted energy demand.
It's all very well being able to manage 2 million records. It's when you have 400 different variables to test against that some solutions struggle – but SAS continues to perform well.
Analytics and the Modern Energy Supplier
The technology landscape within the energy industry is changing rapidly. See how digital transformation is made possible by the Internet of Things (IoT) and Artificial Intelligence (AI).
Recommended Resources
Smart grid. Smart meter. Smarter forecasts.
Optimized resource allocations. Improved planning and capital expense budgeting. And the ability to predict the volume, magnitude and location of demand. Our utility analytics solutions offer a broad, highly sophisticated set of algorithms for energy forecasting, which includes:
- Load forecasting. Get trustworthy, repeatable and defensible load forecasts for short- to long-term planning horizons.
- Price forecasting. Predict future electricity prices with confidence, using mathematical models.
- Renewable energy forecasting. Know in advance how much wind power and solar energy will be available at any given time.
Harness new data streams to improve, minute-by-minute, how you respond to changing use conditions. Use a variety of advanced analytical tools to understand past trends, forecast the future and see clearly how your business functions. Then share your insights across all levels of the organization. With utility analytics solutions from SAS, you can:
- Build reliable forecasts, quickly. Capture usage information in 15- or 30-minute intervals, then develop models for small time increments. And forecast energy demand at any level of geographic or asset hierarchy, including meter level.
- Make better predictions. Convert transactional meter and operational systems data into a forecast-ready format. Use advanced data sets and data models to feed your forecasts and pricing.
- Improve decisions. Make better decisions about the power portfolio, and discover how climate, economic factors and other determinants will affect your forecast with multiple views of trends and correlations. Understand how changes to independent variables will affect demand load and revenue using predictive modeling.
Analytics and the Modern Energy Supplier
The technology landscape within the energy industry is changing rapidly. See how digital transformation is made possible by the Internet of Things (IoT) and Artificial Intelligence (AI).
Recommended Resources
Discover which issues and trends
are shaping how utilities deploy data and analytics to achieve business goals.
Protect your revenue. Protect your customers.
Top-rated protection against revenue losses. Better regulatory relationships. And more effective collection techniques, along with higher revenue and customer satisfaction. Our utility analytics solutions deliver a framework of data management, analytics and reporting to improve:
- Fraud detection. Detect and prevent nontechnical loss, diversion and theft of service.
- Collections optimization. Determine the most effective collections program for every customer.
- Payment analytics. Match your rate programs with the payment plans that are best suited for each customer before a default condition occurs.
Identify fraud, diversion and theft of service quickly and accurately. Ensure that your collections techniques accommodate reasonable care regulations and individual situations. Then determine which collections program, rate or payment plan will work best for each customer. Utility analytics solutions from SAS enable you to:
- Stop revenue leaks. Spot fraud faster and avoid many types of losses using advanced analytics and autoregressive forecasting to identify fraudulent energy usage quickly and accurately.
- Optimize collections. Account for sensitive financial transactions and build risk scores for customers based on credit ratings, usage patterns and payment history. Then score payment propensity to determine which collections program will be most effective.
- Use the right resources at the right time. Increase the efficiency of fraud-related resources, including investigators and field assets. Build sustainable cost performance and increase debt recovery.
- Match the right rate and payment plans. Test and optimize treatment strategies using predictive analytics and what-if scenarios. Then decide which combination of rate and payment plans are best to help customers keep their accounts current.
Analytics and the Modern Energy Supplier
The technology landscape within the energy industry is changing rapidly. See how digital transformation is made possible by the Internet of Things (IoT) and Artificial Intelligence (AI).
Recommended Resources
Visualize asset performance. And boost reliability.
Optimized management of the distribution grid with data-driven analytics. From micro-grids to electric vehicles, achieve better equipment efficiency and higher overall quality. And the ability to accurately predict outages before they occur, while running assets at peak performance. Our utility analytics solutions provide a broad scope of analytic and predictive capabilities to capitalize on investments in the internet of things and give you better results, using:
- Asset reliability analytics. Reduce the number of unplanned outages and optimize maintenance schedules.
- Optimal EV and DER integration. Forecast specific needs and time frames to leverage the right distributed energy resource at the right time, place and cost.
- Storm analytics. Shrink outage duration by employing analytics before, during and after a storm to improve the effectiveness of your preparation and restoration efforts.
- Smart meter analytics. Optimize smart meter deployment and manage timely customer communications to get the most value from your investment.
- Visualize performance. Explore and analyze data from diverse connected grid assets through robust dashboards and interactive maps.
- Predictive maintenance. Integrate data from your historian, ERP and field notes to build predictive models for asset maintenance.
Capture and analyze data regardless of format or source to reveal the real triggers behind maintenance issues. Know the best corrective actions to take in each situation – and when to take them. Ensure peak performance by using monitoring, predictive models and alerts issued at predefined thresholds. With utility analytics from SAS you can:
- Accurately predict potential problems. Integrated data – from sensors, inspections, maintenance, inventory, history and warranties – combines with root-cause analysis to reveal the true reasons for performance problems out of hundreds or thousands of measures and conditions.
- Quantify the effects of maintenance plans. Simulate the impact of storms based on vegetation management and other maintenance schedules. Predict vulnerable assets and stage resources prior to adverse events in order to minimize the impact to customers.
- Boost uptime, performance and productivity. Get alerts so maintenance teams can make pending repairs as part of regularly scheduled maintenance. And select the most cost-effective way to replace degrading assets.
- Lower maintenance costs and the risk of revenue loss. Advanced optimization algorithms and solvers expand maintenance cycles without jeopardizing uptime or risking failures. Rapidly diagnose and repair issues with near-real-time insight into performance. And use advanced analytics to make better preparations and restoration efforts before and after storms.
In a recent survey conducted by SAS, 75% of respondents said analytics is becoming a core part of how utilities do business.
Analytics and the Modern Energy Supplier
The technology landscape within the energy industry is changing rapidly. See how digital transformation is made possible by the Internet of Things (IoT) and Artificial Intelligence (AI).
Recommended Resources
Deeper insight. More control. Better risk management.
Control your market, credit and regulatory risks. Identify new opportunities and use that insight to make decisions with confidence. With analytics from SAS, you can go beyond risk management and fully optimize your portfolio. Our utility analytics solutions include an integrated commodity portfolio and risk management framework that helps you with:
- Energy trading and risk management. Minimize the effects – or capitalize on the opportunities – of energy and commodity price volatility.
- A consolidated view of your entire portfolio. Minimize the inefficiency of siloed operations by viewing positions from financial trading, plant operations and demand forecasting in one centralized platform.
- Regulatory compliance reporting. Keep pace with evolving reporting demands around Dodd-Frank, FERC and other regulatory requirements.
- Operational risk/environment, health and safety (EH&S). Mitigate risk across all levels of the organization.
Proactively capture, analyze and simulate market and credit risks. Monitor trading activities to spot potentially fraudulent or noncompliant activities. Allocate capital more effectively as you reduce risk and boost EH&S performance. And report and display consolidated risk metrics in a user-friendly visual analytics interface. With utility analytics from SAS, you can:
- Gain more insight, faster. Streamline and automate business processes. Produce a consistent, portfolio-level view of consolidated risk measures.
- Maximize your existing technology investment. Engage our full suite of risk capabilities or augment current systems with modular offerings in trade capture, risk analysis and advanced visualization.
- Evaluate decisions before you make them. Run what-if trades and simulate future market conditions to provide the current impact on your portfolio, as well as potential outcomes in a range of scenarios.
Recommended Resources
Address counterparty credit risk before
exposures get out of hand. Here’s how.