Energy Industry

energy

Using cloud to store Energy Data

A data rich industry that demands cost-effective, high-performance storage.

Companies in the energy sector use data to drive efficiencies and profitability.  Oil and gas companies need data to help with everything from geology and geophysics to simulations and process optimization. Utilities collect data from advanced metering infrastructure (AMI), or “smart” meters, to understand trends and find opportunities for savings. Power-generation companies use it to help maintain their grids and get more power out of renewable sources, to name just a few examples.

All of these devices and sensors collect data – constantly.  A single smart meter reporting data at 15-minute intervals will generate 400 MB of data a year. That means a utility with a million AMI customers will generate 400 TB of data a year. As of the end of 2017, the installed base of smart meters in the U.S. alone stood at nearly 79 million.

Storing all this valuable data using traditional on-premises or cloud offerings can quickly get costly.  Cloud storage provides an alternative that eliminates the need for storage tiers and provides secure, infinitely scalable storage at prices less than AWS S3. It also offers performance faster than the competition and eleven nines (99.999999999%) of object durability which means by way of translation, you won’t lose any data.

If you would like to know how storing data in the cloud can help alleviate or solve some of your issues please call us on 01256 331614 or email save@savedtocloud.com.

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