Advisory
Proper strategy is required to properly extract the full breadth of insights from assets. And yet, many utilities (in particular) struggle to develop smart data strategies to align with their wider business goals. HEXstream understands this need and has a proven track record of developing data strategies customized to utilities’ unique goals and building technology architectures that actualize those aims.
Data Strategy
Managed Services – Cost Center or Profit Center?
Before we take a deep dive on the subject, let’s first get on the same page on the definitions. An organizational unit is considered a Cost Center if, from accounting perspective, only the expenses are considered, and revenues are not. It is considered a Profit Center where all elements of expenses and revenue are considered. For the purpose of this article, Managed Services is classified as a unit (either within or outside of the organization) providing post-production support.
Configure Multiple Data Sources to Denodo’s Data Virtualization Platform
In our last article, we offered an overview of Data Virtualization and shared many of the benefits it yields for organizations seeking to optimize their data operations. In this follow up, we will demonstrate how Denodo connects to a variety of data sources and what it requires in order to do so. We will then show how multiple data sources may be integrated using Denodo and then made visual for analytics through the use of a data visualization tool like Tableau.
Why Utilities Should Include Analytics When Upgrading Source Systems
It is a fact of life that organizations need to upgrade NMS, CIS, MDM and other large systems to keep pace with vendor changes. This paper will discuss why implementing Oracle Utility Analytics (OUA) simultaneously with a source system upgrade is not only possible, but represents best practices for both source system and analytics implementations.
Three Questions to Ask When Evaluating Software ROI
In the weeks, months, and years following “successful” implementations, the residual costs of unused or underused software often snowball into more complicated issues that organizations must tackle in order to maximize the ROI for their existing data and analytics investments. We don’t think implementation alone is enough. In order to truly derive value from these investments, they must be fully integrated into an organization’s operations.
PMO 101: Seven Critical Metrics That Determine IT Project Success
IT project teams often measure project success by verifying the effectiveness of the product developed, thereby neglecting to study several other crucial metrics. The true measurement of project success, however, depends on several other factors, including cost, stakeholder satisfaction, and lessons learned.
How Alternative Energy is Creating More Dynamic Challenges for Utilities
In this blog, we provide an overview of the unprecedentedly dynamic challenges that growing alternative energy usage will introduce to utility management. We conclude by looking at why utilities will need to leverage analytics more extensively than ever in a world rapidly moving toward an alternatives-first energy mix.
What the Infrastructure Bill Means for Utilities
The 2021 infrastructure bill represents the largest investment in the US electrical grid in decades, and it is expected to shape utilities’ strategic priorities for years to come. In this blog, we explain key provisions of this legislation and examine its implications for utilities. As we explore below, these investments don’t mark a sudden shift, but rather a confirmation of the existing trend of utilities working to build a more adaptable, renewable-ready grid.
HEXstream, Con Edison & Oracle partner to deliver modern outage-management analytics
The Jobs, Strategies & Solutions Empowering Sustainable Energy
A Q&A from the Sustainable Clean Energy Summit
Sustainability And ESG Reporting For Utilities: Driving Change And Promoting Accountability
Comprehensive insights into the significance of sustainability and ESG initiatives for utilities.