www.fastcompany.com
Open in
urlscan Pro
151.101.65.54
Public Scan
Submitted URL: http://visit.venturebeat.com/NjczLVBISy05NDgAAAGKig0GR4tKbwn3Qd2RNZAma3uF2DRZuAb7zWKhvX0IFGX5tmzzwAdXShRtI42dZ_e00cHrqB4=
Effective URL: https://www.fastcompany.com/90863673/how-edge-computing-and-5g-are-shaping-the-utility-grid-of-the-future?mkt_tok=NjczLVBISy...
Submission: On March 16 via api from US — Scanned from DE
Effective URL: https://www.fastcompany.com/90863673/how-edge-computing-and-5g-are-shaping-the-utility-grid-of-the-future?mkt_tok=NjczLVBISy...
Submission: On March 16 via api from US — Scanned from DE
Form analysis
2 forms found in the DOMName: inline-newsletter-form —
<form id="mktoForm_1040" name="inline-newsletter-form" novalidate="novalidate" class="mktoForm mktoHasWidth mktoLayoutAbove" style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; color: rgb(51, 51, 51); width: 525px;">
<style type="text/css">
.mktoForm .mktoButtonWrap.mktoPurpleCandy .mktoButton {
background-color: #9e76e8;
background-image: -webkit-gradient(linear, left top, left bottom, color-stop(0%, #9e76e8), color-stop(50%, #7038e0), color-stop(50%, #6021de), color-stop(100%, #6224de));
background-image: -webkit-linear-gradient(top, #9e76e8 0%, #7038e0 50%, #6021de 50%, #6224de 100%);
background-image: -moz-linear-gradient(top, #9e76e8 0%, #7038e0 50%, #6021de 50%, #6224de 100%);
background-image: -ms-linear-gradient(top, #9e76e8 0%, #7038e0 50%, #6021de 50%, #6224de 100%);
background-image: -o-linear-gradient(top, #9e76e8 0%, #7038e0 50%, #6021de 50%, #6224de 100%);
background-image: linear-gradient(to bottom, #9e76e8 0%, #7038e0 50%, #6021de 50%, #6224de 100%);
border-radius: 3px;
color: #fff;
font: bold 12px/1 "helvetica neue", helvetica, arial, sans-serif;
padding: 10px 0 12px 0;
text-align: center;
text-shadow: 0 -1px 1px #473569;
width: 150px;
-webkit-background-clip: padding-box;
border: none;
}
.mktoForm .mktoButtonWrap.mktoPurpleCandy .mktoButton:hover {
background-color: #8d69cf;
background-image: -webkit-gradient(linear, left top, left bottom, color-stop(0%, #8d69cf), color-stop(50%, #6332c7), color-stop(50%, #551dc4), color-stop(100%, #561fc4));
background-image: -webkit-linear-gradient(top, #8d69cf 0%, #6332c7 50%, #551dc4 50%, #561fc4 100%);
background-image: -moz-linear-gradient(top, #8d69cf 0%, #6332c7 50%, #551dc4 50%, #561fc4 100%);
background-image: -ms-linear-gradient(top, #8d69cf 0%, #6332c7 50%, #551dc4 50%, #561fc4 100%);
background-image: -o-linear-gradient(top, #8d69cf 0%, #6332c7 50%, #551dc4 50%, #561fc4 100%);
background-image: linear-gradient(to bottom, #8d69cf 0%, #6332c7 50%, #551dc4 50%, #561fc4 100%);
-webkit-background-clip: padding-box;
cursor: pointer;
}
.mktoForm .mktoButtonWrap.mktoPurpleCandy .mktoButton:active {
background: #4a1aab;
background: -moz-radial-gradient(50% 31% 0deg, circle cover, rgba(38, 76, 153, 0.4), rgba(11, 23, 46, 0.4)), -moz-linear-gradient(top, #7b5cb5 0%, #572bad 50%, #4a1aab 50%, #4b1bab 100%);
background: -webkit-gradient(radial, 50% 20%, 75, 50% 50%, 0, from(rgba(38, 76, 153, 0.4)), to(rgba(11, 23, 46, 0.4))), -webkit-gradient(linear, 0 0, 0 100%, color-stop(0, #7b5cb5), color-stop(0.5, #572bad), color-stop(0.5, #4a1aab), color-stop(1, #4b1bab));
color: #ddd;
-webkit-background-clip: padding-box;
}
.mktoForm .mktoButtonWrap.mktoPurpleCandy button.mktoButton {
background: #EF5B24;
}
</style>
<div class="mktoFormRow">
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 10px;">
<div class="mktoOffset" style="width: 10px;"></div>
<div class="mktoFieldWrap mktoRequiredField"><label for="Email" id="LblEmail" class="mktoLabel mktoHasWidth" style="width: 100px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 10px;"></div><input id="Email" name="Email" placeholder="Email" maxlength="255" aria-labelledby="LblEmail InstructEmail" type="email"
class="mktoField mktoEmailField mktoHasWidth mktoRequired" aria-required="true" style="width: 430px;"><span id="InstructEmail" tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFormRow">
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 10px;">
<div class="mktoOffset" style="width: 10px;"></div>
<div class="mktoFieldWrap"><label for="optInFCPluggedInNewsletter" id="LbloptInFCPluggedInNewsletter" class="mktoLabel mktoHasWidth" style="width: 100px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 10px;"></div>
<div class="mktoLogicalField mktoCheckboxList mktoHasWidth" style="width: 110px;"><input name="optInFCPluggedInNewsletter" id="mktoCheckbox_3152_0" type="checkbox" value="yes"
aria-labelledby="LbloptInFCPluggedInNewsletter LblmktoCheckbox_3152_0 InstructoptInFCPluggedInNewsletter" class="mktoField"><label for="mktoCheckbox_3152_0" id="LblmktoCheckbox_3152_0">Plugged In</label></div><span
id="InstructoptInFCPluggedInNewsletter" tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 10px;">
<div class="mktoOffset" style="width: 10px;"></div>
<div class="mktoFieldWrap"><label for="optInFCCoDesignNewsletter" id="LbloptInFCCoDesignNewsletter" class="mktoLabel mktoHasWidth" style="width: 100px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 10px;"></div>
<div class="mktoLogicalField mktoCheckboxList mktoHasWidth" style="width: 135px;"><input name="optInFCCoDesignNewsletter" id="mktoCheckbox_3151_0" type="checkbox" value="yes"
aria-labelledby="LbloptInFCCoDesignNewsletter LblmktoCheckbox_3151_0 InstructoptInFCCoDesignNewsletter" class="mktoField"><label for="mktoCheckbox_3151_0" id="LblmktoCheckbox_3151_0">Co.Design</label></div><span
id="InstructoptInFCCoDesignNewsletter" tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 10px;">
<div class="mktoOffset" style="width: 10px;"></div>
<div class="mktoFieldWrap"><label for="optInFCImpactNewsletter" id="LbloptInFCImpactNewsletter" class="mktoLabel mktoHasWidth" style="width: 100px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 10px;"></div>
<div class="mktoLogicalField mktoCheckboxList mktoHasWidth" style="width: 89px;"><input name="optInFCImpactNewsletter" id="mktoCheckbox_3153_0" type="checkbox" value="yes"
aria-labelledby="LbloptInFCImpactNewsletter LblmktoCheckbox_3153_0 InstructoptInFCImpactNewsletter" class="mktoField"><label for="mktoCheckbox_3153_0" id="LblmktoCheckbox_3153_0">Impact</label></div><span
id="InstructoptInFCImpactNewsletter" tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 10px;">
<div class="mktoOffset" style="width: 10px;"></div>
<div class="mktoFieldWrap"><label for="optInFCTop10Newsletter" id="LbloptInFCTop10Newsletter" class="mktoLabel mktoHasWidth" style="width: 152px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 10px;"></div>
<div class="mktoLogicalField mktoCheckboxList mktoHasWidth" style="width: 150px;"><input name="optInFCTop10Newsletter" id="mktoCheckbox_3155_0" type="checkbox" value="yes"
aria-labelledby="LbloptInFCTop10Newsletter LblmktoCheckbox_3155_0 InstructoptInFCTop10Newsletter" class="mktoField"><label for="mktoCheckbox_3155_0" id="LblmktoCheckbox_3155_0">Top 10</label></div><span id="InstructoptInFCTop10Newsletter"
tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFormRow">
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 10px;">
<div class="mktoOffset" style="width: 10px;"></div>
<div class="mktoFieldWrap"><label for="optInFCCompassNewsletter" id="LbloptInFCCompassNewsletter" class="mktoLabel mktoHasWidth" style="width: 100px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 10px;"></div>
<div class="mktoLogicalField mktoCheckboxList mktoHasWidth" style="width: 218px;"><input name="optInFCCompassNewsletter" id="mktoCheckbox_3150_0" type="checkbox" value="yes"
aria-labelledby="LbloptInFCCompassNewsletter LblmktoCheckbox_3150_0 InstructoptInFCCompassNewsletter" class="mktoField"><label for="mktoCheckbox_3150_0" id="LblmktoCheckbox_3150_0">Compass: Our Daily Newsletter</label></div><span
id="InstructoptInFCCompassNewsletter" tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFormRow"><input type="hidden" name="brandFC" class="mktoField mktoFieldDescriptor mktoFormCol" value="yes" style="margin-bottom: 10px;">
<div class="mktoClear"></div>
</div>
<div class="mktoButtonRow"><span class="mktoButtonWrap mktoPurpleCandy" style="margin-left: 0px;"><button type="submit" class="mktoButton">SIGN UP</button></span></div><input type="hidden" name="formid" class="mktoField mktoFieldDescriptor"
value="1040"><input type="hidden" name="munchkinId" class="mktoField mktoFieldDescriptor" value="610-LEE-872">
</form>
Name: inline-newsletter-form —
<form name="inline-newsletter-form" novalidate="novalidate" class="mktoForm mktoHasWidth mktoLayoutAbove"
style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; color: rgb(51, 51, 51); visibility: hidden; position: absolute; top: -500px; left: -1000px; width: 1600px;"></form>
Text Content
FAST COMPANY Follow * * * * * Login * Co.Design * Tech * Work Life * News * Impact * Podcasts * Video * Innovation Festival 360IF360 * Subscribe * * FastCo Works * AWS * Genpact * IBM * HOMEPAGE * CO.DESIGN * TECH * WORK LIFE * NEWS * IMPACT * PODCASTS * VIDEO * INNOVATION FESTIVAL 360 * SUBSCRIBE Help Center fastco works * AWS * DELOITTE * DEPT * DWEN * EPSILON * GENPACT * IBM * IEDC * JBGS * MCKINSEY & COMPANY * META * FASTCO WORKS An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens FC Executive Board collections * FAST GOVERNMENT The future of innovation and technology in government for the greater good * MOST INNOVATIVE COMPANIES Fast Company's annual ranking of businesses that are making an outsize impact * MOST CREATIVE PEOPLE Leaders who are shaping the future of business in creative ways * WORLD CHANGING IDEAS New workplaces, new food sources, new medicine--even an entirely new economic system * INNOVATION BY DESIGN Celebrating the best ideas in business Newsletter Events * FC GRILL AT SXSW * MOST INNOVATIVE COMPANIES EVENTS * INNOVATION FESTIVAL Courses and LearningAdvertiseCurrent Issue SUBSCRIBE Follow us: advertisement The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. * 03-14-23 HOW EDGE COMPUTING AND 5G ARE SHAPING THE UTILITY GRID OF THE FUTURE THE COMBINATION OF EDGE COMPUTING AND 5G NETWORKS IS ENABLING UTILITIES TO MANAGE DATA MORE EFFECTIVELY AND SHRINK DECISION-MAKING AND RESPONSE TIMES, WHILE ALSO REDUCING THE BURDEN ON CENTRALIZED DATA INFRASTRUCTURES. [Images: Adobe Stock/Mongta Studio] * * * * More Like This Salesforce’s Einstein GPT may be the most meaningful application of AI chatbots yet Silicon Valley Bank: An ‘It’s a Wonderful Life’ bank run for the digital age The vertical farming bubble is finally popping By Travis Jones 3 minute Read Not so long ago, utility companies would check a customer’s meter once a month—12 times a year. Today, data can feed in from smart meters every 15 minutes, totaling over 35,000 readings per meter per year. Every day, IoT devices and other smart technologies generate terabytes of data that can help utilities operate more efficiently and reliably … and sometimes the sheer volume of that data can create logjams that lead to inefficiencies. The combination of edge computing and 5G networks is enabling utilities to manage data more effectively and shrink decision-making and response times, while also reducing the burden on centralized data infrastructures. THE DYNAMIC DUO OF EDGE COMPUTING + 5G Edge computing enables data to be processed at or close to the location where the data originates. As utilities typically have technology assets dispersed across broad geographical areas—often in remote, inhospitable locations—this computing model is an ideal fit for certain applications, particularly those requiring rapid decision-making and response. The availability of 5G wireless compounds the benefits of edge computing by enabling faster communication between edge devices and edge servers, allowing devices to be monitored and controlled in real or near real time. WHERE UTILITIES ARE LEVERAGING EDGE COMPUTING Utilities across the country are implementing edge computing in almost every location where data is produced. Let’s look at a few examples of how this technology is being implemented. SUBSTATIONS Edge computing creates greater autonomy for individual substations, allowing for real-time identification of and response to incidents. For example, AI-enabled cameras and sensors can automatically detect transformer leaks so that repair crews can be alerted, and smart transformers can regulate power supply dynamically in response to fluctuations in demand and other factors. FIELD ASSETS Edge computing at the field level enables utilities to dynamically monitor and manage assets such as utility poles, wires, switches, and transformers. Images from drones and truck-mounted cameras, for example, can be analyzed on edge servers to detect potential equipment failure or vegetation encroachment, enabling faster response times. CONSUMPTION POINTS While first-generation smart meters are capable of little more than one-way data reporting, emerging generations could have built-in analytics engines capable of producing actionable insights for both customers and grid operators. Within the next few years, we could see meters that alert customers in real time when they’re charging an EV during a higher-price time period or notify grid operators of anomalies or faults at the individual meter level. EDGE COMPUTING AND THE SELF-HEALING GRID advertisement Time is of the essence when responding to incidents such as potential equipment failures that could lead to outages or even create fire hazards. With 5G-supported edge computing, utilities avoid the latency that arises when data from cameras and sensors must travel to a central location for processing. When data can be analyzed locally, power can be rerouted away from problem areas almost instantly, minimizing the duration of outages and averting potentially life-threatening situations. GET IN ON THE ACTION The idea of implementing edge computing in your organization may seem daunting at first, but these innovations are within reach for utilities of nearly any size. Here are a few practical measures to get you started: 1. Begin with an assessment. Implementing edge computing based on outdated schematics can be a recipe for wasted time and resources. Start with an evaluation of your current infrastructure to ensure edge servers are positioned to operate within present-day environments. 2. Build a strategy aligned with specific business goals. Taking a strategic approach to edge computing—with your utility’s business goals in mind—can help ensure optimal allocation of resources and maximum return on your investment. 3. Plan for the long game. Consider where your utility will be 5, ten, even twenty years from now and ensure that your edge computing infrastructure will be able to keep up with the pace of change. ANOTHER STEP TOWARDS THE GRID OF THE FUTURE As the smart grid continues to take shape, legacy models of “all centralized data processing, all the time” are becoming less and less feasible. The combination of edge computing and 5G wireless creates new opportunities for faster edge data analysis, enabling near real-time responses to anomalies that could cause outages or create hazardous conditions. While not without its risks and challenges—for example, utilities must put security measures in place for each edge location—edge computing helps ensure that as the volume, variety, and velocity of grid data increases, utilities can maintain and improve their service to customers and their commitment to protecting communities. -------------------------------------------------------------------------------- Travis Jones is an entrepreneur, leader, and chief growth officer at Logic20/20, a business and technology consulting firm. Be in the Know. Subscribe to Fast Company Newsletters. * * Plugged In * Co.Design * Impact * Top 10 * Compass: Our Daily Newsletter SIGN UP Privacy Policy advertisement FEATURED VIDEO Silicon Valley Bank’s collapse sparks panic for startups America’s 16th largest bank collapses, and the government steps in to save depositors. Find out what this means for startups and the banking industry. More Videos 0 seconds of 2 minutes, 15 secondsVolume 0% Press shift question mark to access a list of keyboard shortcuts Keyboard ShortcutsEnabledDisabled Play/PauseSPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Offc Fullscreen/Exit Fullscreenf Mute/Unmutem Seek %0-9 Next Up This dating expert will help find your dream job 02:47 facebook twitter Email Linkhttps://content.jwplatform.com/previews/hIie8QQd Copied Auto180p1080p720p406p270p180p Live 00:25 01:50 02:15 SILICON VALLEY BANK’S COLLAPSE SPARKS PANIC FOR STARTUPS advertisement Today's Top Stories: 01 technology The secret weapon in fighting climate change? Data. 02 ideas The 10 most innovative companies in energy and sustainability of 2023 03 ideas A horrific environmental disaster is happening in Ohio, and you may not even have heard about it 04 news Why SVB failed: The bank ignored one of the fundamentals of finance 05 ideas The company behind this bottle wants to upend the Earth-destroying, $60 billion palm oil business More Top Stories: 1/1 Skip Ad Continue watching after the ad Visit Advertiser websiteGO TO PAGE PLAY Fast Company Top Articles: Video Settings Full Screen About Connatix V244310 Read More Read More Read More Read More Read More Read More Epic Games might owe you money from ‘Fortnite’: Here’s how to check READ MORE advertisement technology Former employees say Twitter is stuck in a recurring code loop nightmare—and things might only get worse news Silicon Valley Bank shut down: What happens next? technology Gen Z dating app Snack lets your AI-trained avatar go on dates so you don’t have to ideas The hottest climate job you’ve never heard of technology Here’s how bad the damage is for Silicon Valley Bank’s public clients technology Gmail will write your emails for you. Google announces generative AI tools across Workspace technology Silicon Valley Bank wasn’t your typical bank, which is why its closure presents such a big risk co-design The Best Picture posters just got a brilliant redesign technology 8 tech companies that are hiring remote workers now news The real reason it’s so hard to get rid of hidden fees ideas Microbiologists have just made a startling discovery about NYC rats leadership The résumé is dead. Here are 3 reasons why I never ask for one when hiring technology Remote work made digital nomads possible. The pandemic made them essential technology A social media researcher explains the problem with Meta and Twitter’s verification services ideas I’m an ER doctor: Here’s what I found when I asked ChatGPT to diagnose my patients advertisement advertisement leadership New report finds 60% of women in leadership feel more lonely as their careers progress ideas What is ‘green hushing’? The new negative sustainability trend, explained co-design Once you spot Gen Z’s favorite colors, you’ll see them everywhere technology Lionel Messi’s tech investment firm Play Time is betting big on this mobile gaming startup leadership How to slay your ‘anxiety monster’ and reclaim happiness at work technology Google Workspace is about to put generative AI to work technology What Google’s ChatGPT scare tells us about the company on its 25th birthday co-design ‘Everything Everywhere All at Once’ won’t win the Oscar it should have won automatically co-design BIC’s new 21-patent razor may have just ended the blade wars magazine How OpenAI CTO Mira Murati became one of tech’s most influential innovators technology Ryan Reynolds sells Mint Mobile to wireless giant T-Mobile leadership Girls Who Code’s CEO on the radical power of joyful activism leadership Gen Z isn’t ‘quiet quitting’—they’re grappling with a lack of interpersonal connection ideas Growing crops under solar panels makes food—and healthier solar panels advertisement advertisement TECH Tech EPIC GAMES MIGHT OWE YOU MONEY FROM ‘FORTNITE’: HERE’S HOW TO CHECK Tech HOW AI CAN MAKE MARKETING MORE EFFECTIVE Tech WHY BREAKTHROUGH TECH FOUNDERS NEED MORE TRUE GRIT THAN EVER NEWS News AB INBEV IS NAMED CANNES LIONS CREATIVE MARKETER OF THE YEAR 2 YEARS IN A ROW News I’M GEN ALPHA, AND I THINK ADULT MARKETERS SHOULD STOP TRYING SO HARD TO DEFINE US News STARBUCKS’S CHINA EXPANSION STIRS UP CONSERVATIVE SHAREHOLDER TROUBLE FOR HOWARD SCHULTZ CO.DESIGN Co.Design ONCE YOU SPOT GEN Z’S FAVORITE COLORS, YOU’LL SEE THEM EVERYWHERE Co.Design WHAT ARE FASHION DESIGNERS WEARING THIS SPRING? WHATEVER THEY DANG PLEASE Co.Design ‘LIQUID WINDOWS’ COULD BE THE ANSWER TO MORE SUSTAINABLE BUILDINGS WORK LIFE Work Life IT’S TIME WE STOP USING VIOLENT WORDS AND PHRASES AT WORK Work Life 5 EASY WAYS TO BECOME A BETTER LISTENER Work Life FROM THE GREAT RESIGNATION TO THE GREAT REFUSAL—HERE’S WHAT THE 5 ‘GREAT RS’ MEAN FOR THE FUTURE OF THE WORK * Advertise * Privacy Policy * Terms * Notice of Collection * Do Not Sell My Data * Permissions * Help Center * About Us * Site Map * Fast Company & Inc © 2023 Mansueto Ventures, LLC * search by queryly Advanced Search WE USE COOKIES ON OUR WEBSITES TO SUPPORT TECHNICAL FEATURES THAT ENHANCE YOUR USER EXPERIENCE AND HELP US IMPROVE OUR WEBSITE. BY CONTINUING TO USE THIS WEBSITE YOU ACCEPT OUR PRIVACY POLICY AND TERMS OF USE. Yes, I Accept