New Report Details How Avangrid Built a Model for Internal Data Science and Analytics Excellence

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11/26/2024

New Report Details How Avangrid Built a Model for Internal Data Science and Analytics Excellence

New Report Details How Avangrid Built a Model for Internal Data Science and Analytics Excellence

Avangrid's Operational Performance organization has transformed the company's use of data and analytics to solve resiliency and reliability challenges and deliver a more robust electrical grid

ORANGE, Conn. - Nov. 26, 2024 - Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the publication of a brand-new report detailing the successes of Avangrid's Operational Performance organization in using data science and analytics to improve resiliency and reliability, and how these capabilities are critical to effective management of and investment in the grid.

Established in 2020, the Operational Performance organization was charged with improving the internal analytical capabilities of the Company's electric operations. Through the recruitment and development of data science, engineering, and analytic professionals, the organization rebuilt Avangrid's internal data infrastructure and tailored it for rapid growth and flexibility. After only four years, Operational Performance now executes advanced analytics for reliability and resiliency improvement, helps prioritize operational implementation, and can develop more advanced AI models and data science platforms.

"The success of the Operational Performance organization at Avangrid is underscored by the central tenet that data science and analytics must be a core function of electric operations and the utility as a whole. By embedding data professionals into the organization who are focused on the development of flexible and agile data infrastructure, we were able, not only to anticipate and accommodate the daily needs of our organization, but also use and leverage data in unforeseen ways," said Mark Waclawiak, Senior Manager of Operational Performance. "The Operational Performance organization, at its core, is a bridge to the next phase of Avangrid's data-driven future by focusing on investment into its own people."

Titled The Digital Transformation of Electric Operations, the report also explains how development of an internal data science and analytic organization and its accompanying infrastructure can be significantly more cost-effective for rate payers than vendor-driven use case development. It provides more tailored, highly effective results because it is embedded within the organization itself, developing infrastructure not overly complicated or expensive.

The Digital Transformation of Electric Operations can be found here.