When Data Streams Become Revenue Streams

Chairperson: 

Roberta Bigliani

Research Director
IDC Energy Insights
Session Location / Room: 
Summit Room 4
This Session is part of the following track: 
Wed 16 Nov 09:00 to 09:10

Session Introduction - When Data Streams Become Revenue Streams

Data is the new gold, but where should we start digging? What business models are succesful in both the home IoT and industrial IoT space? What should the industry as a whole do? If new initiatives don’t work with industry standards, progress will probably be incremental. Without a market, no one wins.

Wed 16 Nov 09:10 to 09:30
Speakers: 

Henrik Göthberg

Director Group Financial Systems
Vattenfall

The Data Value Chain for Utilities

  • Data to optimize business as usual
  • Data to create new business models
  • Visualizing the data value chain
Wed 16 Nov 09:30 to 09:50
Speakers: 

Kaspar Kaarlep

Head of Digital Network Technology
Elektrilevi

Opportunistic Prediction in Grid Operations

  • Unlocking operational value in existing data with minimal effort
  • Prerequisites for effective use of analytical and empirical prediction models
  • Compatibility of existing organizational structure with empirical prediction

 

Wed 16 Nov 09:50 to 10:10
Speakers: 

CEO
Limejump

Virtual Value Creation

  • The rise of the Virtual Power Plant: turning distributed generators, and  industrial & commercial firms into market participants that provide cost-effective system balancing
  • How to use big data streams to create sub-second validation, driving revenue through speed of response for energy flexibility
  • Using Limejump’s Virtual Power Plant as a case study, a demonstration of which data streams can be used to drive the most value, and how algorithms can optimise asset stacks to drive revenue and maximise both price and system balancing.
Wed 16 Nov 10:10 to 10:30
Speakers: 

Franz Winterauer

Vice President, Energy Insight, EMEA
OMNETRIC Group

A New Kind of Data, A New Kind of Business Model

  • Reasons for re-considering how your data can help you transform.
  • Five key practices for using data to enable new business models
Wed 16 Nov 10:30 to 11:00

Morning Coffee Break

Wed 16 Nov 11:00 to 11:20
Speakers: 

Stephen Callahan

Vice President, Global Strategy and Solutions, Energy and Utilities Industry
IBM

Let's Talk Energy Transition

  • Disruption in core infrastructure industries is prevalent and accelerating. The rise of viable substitutes to traditional electric supply, water stress pressuring the water-energy nexus, and natural gas increasingly being viewed as a bridge to greenhouse gas reduction are clear proof points that the energy transition globally is well underway.
  • IBM believes there are three industry imperatives, particularly in the electric business, that emerge from these disruptions: Embrace the role of Energy Integrator, engage customers as individuals and disruptively innovate business processes. 
  • These imperatives drive to a new energy ecosystem and new business models that are emerging globally.  
Wed 16 Nov 11:20 to 11:40
Speakers: 

Peter den Hamer

Lead Big Data, Business Intelligence & Analytics
Alliander

Data-driven Innovations for The Energy Transition

  • Big data management and analytics capabilities are of critical importance for managing the ever increasing dynamics of our energy system
  • Considering the rapidly growing complexity of the energy system, new machine learning and artificial intelligence applications will be required
  • Illustrated by Alliander case studies, including real-time analytics based on grid sensor data, demographical data and weather forecast data
Wed 16 Nov 11:40 to 12:30
Speakers: 

CEO
Limejump

Industry Director, EMEA Utilities Head
SAP

Kaspar Kaarlep

Head of Digital Network Technology
Elektrilevi

Peter den Hamer

Lead Big Data, Business Intelligence & Analytics
Alliander

David Fernandez

Business Development Director
Oracle

Panel: Data-driven Versus Revenue-driven Utilities

Many utilities aspire to become fully data-driven organisations, but is this ambition warranted?  

Moderator: 

Roberta Bigliani

Research Director
IDC Energy Insights
 
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