The global power industry experienced a 49% drop in company filings mentions of big data in Q3 2022 compared with the previous quarter, with the highest share accounted for by Adani Power , according to GlobalData’s analysis of over 137 power company filings.
Notably, big data was one of the most frequently referenced themes in Q3 2022, ranking highest in terms of mentions, ahead of artificial intelligence and advanced materials, according to GlobalData.
Of the 50 leading companies in the power industry, Adani Power had the greatest increase in references for big data in Q3 2022, compared with the previous quarter. GlobalData identified 20 big data-related sentences in the company's filings - 15 % of all sentences - and an increase of 100% in Q3 2022 compared with Q2 2022. Dominion Energy ’s mentions of big data rose by 100% to 15 and Adani Green Energy ’s by 100% to 13.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for big data in Q3 2022 was 87.