Overcoming the challenges
INSIGHT
market is expected to grow by over 20 %, to $ 101.33bn . Major drivers of this growth include changing climatic conditions , increasing government regulations , extensive usage of social media to spread information and increased threats of terrorist attacks .
An example of the changing climate is demonstrated in recent modelling from a group of international scientists who suggested that extreme ‘ El Niño ’ events will become more frequent in Australia over the next century , bringing weather patterns that are associated with droughts , floods and cyclones . This , therefore , is a crucial point for organisations to prepare for the future .
Overcoming the challenges
Many utilities find themselves underprepared for disasters due to a number of constraints within their core IT systems , with poor integration , limited information and lack of time . Systems that are neither intelligently integrated nor intelligently functional can cause delays to the restoration process . Multiple legacy sub-systems may operate in silos , with large , complex data sets requiring complex analysis , with many unable to provide results and offer decisions in near real-time .
Consider the need to analyse the impact of an extreme storm on a utility ’ s assets . Data will be required from both a weather service and
18 October 2017