July 25, 2008 - To meet the rapidly changing demands of the utility industry, Xcel Energy is collaborating with Teradata Corporation to further develop its advanced analytics and user self-service capabilities.
The initial scope of effort will combine the utility's data on meters, billing and collections and enable detailed segmentation and analytics.
"Xcel Energy is an industry leader when it comes to moving the energy grid into the modern age, and we need to be prepared to manage the massive amount of real-time data being generated," said Michael Carlson, chief information officer, Xcel Energy. " This collaboration is expected to provide the scalability and performance we need for making smarter business decisions."
The new Teradata system, which includes Teradata's analytical software running on the recently introduced Teradata 5550 server, an active data warehouse-class platform, will be in production by late summer. In addition, Xcel Energy will employ a Teradata Logical Data Model being developed to represent enterprise data, data relationships, topic areas and business rules.
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