By using big data Vestas is able to foresee when turbine components are malfunctioning and need maintenance − before they actually do. This was one of the reasons Vestas won Deloitte’s Big Data Award last week at Deloitte’s Information Management Conference, IM2015, in Copenhagen.
Vestas uses smart data to optimize maintenance of wind farms all over the world, receiving data from 27,000 wind turbines every 10 minutes.
”More than 30 years of experience and data have given us the ability to monitor and forecast turbine outputs, wind speeds, and site conditions. As a result, we can help our customers optimize and predict their performance and yield, as well as revenue and profitability. Our advanced systems approach integrates all the key inputs and information — smart data, not just big data — and tailors it to meet the needs of each customer,” says Vice President Anders Hvashøj, responsible for Vestas’ Service Product Management.
According to Deloitte partner and expert in “data-driven business model,” Michal Borges the use of this type of sophisticated data is one of the key competitive parameters in the business world right now.
“’Big data’ is not just a buzz word. It is something that companies are massively investing in right now, and there is no question that this is a pure gold mine for companies seeking to achieve greater efficiency. Leading companies no longer make decisions based on assumptions. They make decisions based on facts,” says Michael Borges.
Data has become part of the Vestas DNA and data driven business development is an integrated part of the company culture.
About the award
The Big Data Award was handed out during the IM2015 conference held in Copenhagen on June, 11, 2015. It is based on SMS votes from 450+ data experts and a selected jury of Big Data experts. The award recognizes truly innovative companies that lead the way, embracing opportunities, and revealing the true potential of big data.
Download a podcast on Vestas’ use of data here.
Filed Under: O&M, Software