GE has announced the launch of Grid IQ Insight, a new power management system from GE Digital Energy's Industrial Internet portfolio. The new solution consolidates data from a broad mix of sources, including existing grid management systems, smart meters and other intelligent grid power equipment, and even social media content from sources such as Facebook or Twitter.
According to GE, Grid IQ Insight takes terabytes of data by using advanced analytics technologies and generates actionable information to predict and resolve failures and other issues that impact the performance of power grids. GE’s Grid IQ Insight is able to scan mass amounts of text and images posted to social media websites, such as Facebook and Twitter, identifying and relaying outage-related material to utilities. The product also can analyze current and historical weather patterns. Using this information, the system can help utilities anticipate and prepare for severe-weather-related service interruptions.
“Our Grid IQ Insight enables utilities to identify system outages quickly via improved visualization and analysis of their systems, minimizing outage times and greatly reducing costs associated with extended system outages,” says Michael Carlson, general manager of software solutions at GE’s Digital Energy business. “This is a powerful tool that will help utilities predict and prevent power outages and improve customer satisfaction.”