Today, it is undisputed that Digital Transformation is essential for utilities. However, organizations often find the results of their Digital Transformation efforts disappointing. One major reason for this underperformance is that efforts are focused on new technologies rather than on customer needs. Machine Learning and Data Analytics offer a solution for utilities. This powerful combination can deliver insights that give utilities a better understanding of their customers. These insights can then support focused, customer-centric Digital Transformation.
Machine Learning is already helping to solve many of the issues that utilities face on an on-going basis. Next generation Machine Learning models promise to solve many more of these common utility problems and generate new business value.In this blog, we’ll examine where leading-edge models are already being used to understand customers and solve common energy utility problems. We’ll also take a closer look at areas where great strides are being made in the development of next-generation Machine Learning models.Source : https://www.smart-energy.com/industry-sectors/digitalisation/7-ground-breaking-machine-learning-applications-for-utilities/
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