Global CIO: Oracle Smart Grid Study Reveals Deep Cost Concerns
While the smart grid industry's bubbling over with hype and hope, it lacks the insights on which broader business-technology strategies can be built.
"Develop organization-wide priorities and strategies that include information architecture and transition timelines. . . . Open communication, transparent processes, and standards-based IT tools will help utilities extract the full value from smart grid implementations and minimize data duplication . . . . Plan ahead and partner with key technology providers that can help define information management strategies and architectures to capture, protect, analyze, use and share data effectively and in real-time across your organization . . . . (and) engage with industry thought leaders and share their experiences with their peers."
Again, good for Oracle for trying to offer this highly caffeinated smart-grid marketplace some objective perspectives on what utility executives are thinking about these days (and then for proposing some not-so-objective solutions—they'd be silly not to).
But what these results show above all else is that in spite of all the hype and hope and potential, while the nascent smart-grid business might eventually need some pretty sophisticated information architecture, what it needs even more right now is simply information itself: about costs and responsibilities and regulations and customer benefits.
Bob Evans is senior VP and director of InformationWeek's Global CIO unit.
To find out more about Bob Evans, please visit his page.
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