Within the past few years, core technological trends have emerged that are impacting almost every industry, including the utility sector. Technologies such as IoT, AI and ML are transforming the current state of the industry towards a more connected, green and seamless future.
According to Accenture, 83% of utility executives agree that their organization’s business and technology strategies are becoming inseparable & 88% believe that their organization’s ability to generate business value will increasingly be based on the opportunities of their technology architecture. More companies are realizing the importance of digital transformation and how it’s crucial to their business operations.
The upcoming World Smart Utilities Summit will take place in Berlin, Germany on March 2nd - 3rd and will bring together top energy, water and gas experts to share their experiences and practical case studies on creating smarter and cleaner utility solutions and infrastructure for future generations.
Let’s examine three ways technologies are helping improve the utility industry:
Driving Sustainable Innovation
Consumers and shareholders who care about the environment continue to put pressure on businesses to prioritize sustainable operations. To place sustainability at the forefront of utility transformation, it is crucial to reform outdated business models and create new businesses that both achieve economic value and have beneficial environmental and social effects.
At our upcoming World Smart Utilities Summit, speakers from GRTgaz, ista Energy, EDP & more will explore saving resources and creating a sustainable future.
AI, ML and Data-driven Insights
The potential to innovate and provide new services to clients is provided by AI and ML automation. Utilities can hyper-target communications and offer useful content by using the data gathered through customer insights to further identify lifestyle preferences, energy consumption trends, appliance usage, and even purchasing power.
Join us in March to hear case studies from Helen, Plenitude Iberia, Kompetenzzentrum Wasser Berlin, A2A, Gruppo Iren, Finapp and more on how technologies and data-driven asset management can help to monitor systems, increase efficiency and foster consumer engagement.
Digitizing Operations for an Innovation Culture
Utility companies can now enable a more empowered and adaptable workforce thanks to new technology. Digitizing operations may greatly increase efficiency by automating procedures, relieving teams of tedious work, and allowing them to concentrate on giving customers a wonderful supply experience.
At our upcoming Summit, we will have the opportunity to discover how to grow innovation culture and how enhancing the digital employee experience in utility companies helps to adopt innovations from global brands such as Northumbrian Water Group, Ignitis group, NHS Trust & more.
Participants will leave with a deeper grasp of the latest innovations in the area of utility management, driving sustainable innovation with smart metering, leveraging risk analysis with machine learning algorithms, managing renewable energy sources with AI sensors and much more.
We can’t wait to see you!