Utility companies are facing an issue where they lack key information about their assets. This is because the infrastructure for utility networks was installed several decades ago when data recording was not considered to be essential for doing business. To overcome this limitation, utilities can use newly collected data from smart meters and other sources. However, to derive real value from utility data, companies need to establish a data-driven operation and an ecosystem that supports processes, systems, and people. This will enable them to create a model that reflects how their utilities are “As Operated”, rather than relying on outdated models that were designed many years ago.