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Predictive analytics in the Utility sector

Predictive analytics in the Utility sector

Predictive analytics are already well used in marketing, banking and retail sectors but utilities is an area where it can also add real value.

The introduction of new technology like smart grids mean data is being generated but may not be being analysed. Actionable insights could be gained from reviewing and analyzing this data.

Monitoring of individual or strings of components or hardware can assist in predicting failures before they bring down a network, enabling maintenance and repairs to be implemented in a ‘just-in-time’ approach, or when crews are in the area, creating an efficient deployment of staff and resources as well as reducing down time for customers.

Customer data can also provide valuable insights into usage, likely peaks and troughs in demand and, even, payment behaviors giving finance a ‘heads up’ on customers more likely to struggle or at risk of defaulting on payments.

Our Sensorcore smart sensoring platform and suite of product solutions is a low-cost, scalable and proven solution to protection of critical infrastructure, incorporating real-time data gathering and analytics via a user-friendly dashboard.

Jim Darroch
Jim Darroch
VP Software & Engineering

LinkedIn

Jim is a software development executive with 30 years’ experience in designing software and data solutions for Data/Telecoms, Industrial and IoT markets – with an emphasis on reliability, high availability, safety, and security. He has experience in building and leading software teams on a global scale for multiple large corporations (notably HP, Emerson and Honeywell) as well as several small/start-ups; establishing teams to quickly deliver innovative Software solutions.  Jim holds a B.Sc. with First Class Honours in Computer Science from Strathclyde University.
Stephen Rose
Stephen Rose
Chief Financial Officer

LinkedIn

30 years qualified accountant with industry based board level experience in the UK, Europe and China. Stephen is a commercially focused accountant having been group financial director for Eaglemoss Publications, an international publishing group for over 20 years. Other roles include management accountant for Porcelanosa and a consultancy role for fashion group, Jumper Retail.
Chris Quire
Chris Quire
Chief Executive Officer

LinkedIn

Chris is an engineer and technology executive with over 30 years of global experience in designing, manufacturing, deploying, and supporting wireless solutions in the utility and consumer electronics sectors. He was previously with Landis+Gyr and Comverge, after starting his career with Panasonic. Chris holds a MBA from Georgia State and a BEE from the Georgia Tech, as well as two patents.
Dr. Edward Klinger
Dr. Edward Klinger
Founder & Chief Strategy Officer

LinkedIn

Edward is an engineer with 35 years experience in creating, building and running global technology companies. He is founder of CNIguard which manufactures ruggedized sensoring systems for critical infrastructure including water, electricity, transport, oil & gas, and defense sectors. Previously he was with PwC, Perot Systems, and Pratt & Whitney, and an Adjunct Professor at McGill University. Edward holds a Ph.D. in Mechanical Engineering from McGill and an MBA from Wharton.

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