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Smart Grid Data Storage - Surging Data Volumes Need Effective Solutions
GlobalData, May 2011, Pages: 6
Smart Grid Data Storage - Surging Data Volumes Need Effective Solutions
Summary
Integrating the smart grid globally across transmission and distribution networks will bring about an increased growth of data volume that needs to be recorded, verified, stored and used in embedding intelligence into the electricity grid network. Data needs to be recorded, stored and retrieved for tracking energy usage and transmission trends. The data generated through integrated smart applications is stored in repositories and used by utilities for various functional needs directed towards the efficient use of energy. The enormous volumes of data translate into an untapped opportunity for vendors providing a range of data storage solutions and equipment aimed at the global utility markets. Various smart applications and equipment have already been introduced; however, utilities will be looking at the IT industry with increased investments to bring in effective memory storage and data center products and solutions to deal with the surging data volumes.
Scope
- Market prospects of data storage market driven by global smart grid integration.
- Key smart grid applications driving the need for data storage
- Key challenges and solutions in data management and storage
- Key data storage solution provides and their initiatives
- Future smart grid integration driven by efficient data management and investments
Reasons to buy
- Identifying the key growth and investment opportunities of data storage market
- Gain insights on the growth potential of data storage market offered by integration of smart application sources
- Developing strategies for deploying smart applications and equipment for efficient data storage
- Facilitate decision-making based on upcoming market developments of data management for improved smart grid integration
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