In this piece, we define a high-level framework for utilities to monetize their data and unlock the Utility Data as a Service ‘UDaaS’ opportunity through fee-based structures for value-added data services.

In our Global Utility Blockchain Pilot graphic we highlight six power companies that are all investing in the technology and trialing new use cases. 

The many lessons learned from large scale IoT deployments in the energy industry will serve other industries well -- by focusing on design thinking and detailed IoT use case analysis from the beginning, future deployments will see greater gains.