Energy and Utility

This IDC paper provides insights into how energy and utilities organizations can effectively tackle challenges associated with the changing data landscape. 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.

For Energy and Utilities companies to transition into data- and AI-driven entities, their success depends on efficiently integrating data from an expanding array of sources in a timely fashion. This necessity has evolved into a critical mission to establish a robust data foundation characterized by high quality, security, and compliance. This foundation serves as a catalyst for generating insights, recommendations, and predictions. By building upon this foundation, these companies can develop the necessary insights to modernize grid networks, adopt cost-effective renewable energy sources, enhance resilience, and improve grid health. This, in turn, enables them to offer superior services capable of withstanding the effects of climate change, while also providing more affordable energy to customers.