The smart grid is a fully automatic delivery grid for electricity power with a two-way reliable flow of electricity and information among different equipment on the grid. Smart meters and sensors monitoring the system provide a huge amount of data in various part of smart grid. To logically manage this trouble, a new lossy data compression approach for big data compression is proposed. The optimal singular value decomposition (SVD) is applied to a matrix that achieves the optimal number of singular values to the sending process, and the other ones will be neglected. This goal is done due to the quality of retrieved data and the compression ratio. In the presented scheme, to implement the optimization framework, various intelligent optimizat...