Data is the lifeblood of today’s economy, driving change and stimulating innovation in every industry from banking to healthcare. Although the electricity industry has lagged behind in taking advantage of the many benefits that a data-rich environment can provide, the growing deployment of smart meters is changing that. Smart meters — technically, advanced metering infrastructure — provide granular customer and electricity system data that support innovation and creativity that utilities and advanced energy companies can use to bring the electricity industry into the information age.
