The energy and utility sector is currently undergoing an unprecedented transition that is fundamentally reshaping the industry.
The energy transition is driving the industry towards energy conservation, efficiency, and the decentralization and decarbonization of production. Simultaneously, there is a growing focus on the electrification of consumption, along with the accelerated automation of industrial and market processes, and the overall digital transformation of organizations' operating models.
Amidst this changing landscape, the role of data has become central. Companies are now grappling with an explosion in the volume, variety, and velocity of data that needs to be managed, protected, integrated, and analyzed. To ensure service quality, operational reliability, and profitability, the industry must embrace agility and a data-driven approach, enabling faster and more efficient decision-making processes.
This whitepaper by IDC offers valuable insights into how organizations in the energy and utilities sector can effectively tackle these challenges. It covers the following key aspects:
- Digital transformation trends and the emergence of the new data economy.
- Strategies to address the data explosion and the evolution of IT infrastructures.
- Approaches to generating actionable intelligence from data to maximize its value.
- Techniques for creating sustainable data architectures.
By leveraging the information presented in this whitepaper, companies operating in the energy and utilities sector can navigate the ongoing industry transformation and unlock new opportunities for growth and success.