In the highly regulated energy and utilities industries, digital transformation is helping companies adapt to rapidly changing circumstances and comply with regulations. Advanced digital technologies ease the way to operational upgrades, change management, compliance, and transitioning portfolios to renewables. Digital transformation outcomes include improved productivity, reduced waste, and increased shareholder value.
APPLICATION DEVELOPMENT
Modern applications enable more efficient inspections. Preventive and predictive maintenance. Accurate production and capacity planning. And improved employee safety. Fueling these applications are the industrial internet of things, automation, AI, big data analytics, and edge computing for near-real-time response. Coupled with blockchain, these digital technologies also help to strengthen cybersecurity and harden infrastructure.
USE CASE
Incumbent energy companies face disruptive forces in power generation, storage, trading, and sales transactions. Microgrids are changing the traditional energy supply playbook. Smart meters improve billing efficiency as well as monitoring, usage analysis, and projections. Mobile apps enable customers to monitor and manage energy consumption and reduce peak demand.
WORKFORCE OPTIMIZATION
Dispatching technicians to manually record usage data and inspections on rugged laptops is time consuming and error prone. Transitioning to smart meters and IoT sensors improves data accuracy and timeliness while freeing the workforce for higher-value activities. Advanced collaboration tools enable teams to access information from anywhere—the central office, dispatch offices, and remote locations.
