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Digital Utility Roundup: Must-Read Posts From the Past Two Weeks

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Greetings Digital Utility Group members!

Utilities are continuing to incorporate all things digital and your fellow community members have been keeping track of all the latest developments. Below, find links to fascinating articles about challenges to digital transformation, what’s in store for grid modernization, and the next step beyond AI. Happy reading!

Why It’s Time for Energy Utilities to Leverage AI to Build a “Live Enterprise”

By Ashiss Kumar Dash, posted on February 13

In this piece, Ashiss describes some real-life artificial intelligence (AI) systems within energy utilities. He then suggests that utilities take AI use to the next level by creating highly interactive and responsive “live enterprise” infrastructures in which data flows freely across them all.

Navigant: Electric Utilities to Spend $247 Billion on IT, Cybersecurity Through 2028

By Peter Key, posted on February 12

Image Credit: Navigant Research

The utility industry is being overtaken by “digital disruption.” In this article, Peter summarizes a recent Navigant report explaining that, due to these shifts in operations, utilities are expected to spend hundreds of billions of dollars on IT between now and 2028.

The Top Five Challenges to Digital Transformation

By Paul Korzeniowski, posted on February 12

Digital transformation has become a catch phrase in utility operations. But, explains Paul, when utilities actually try to implement it, it sometimes doesn’t work out. Typical reasons include too broad a vision, siloed business processes, incompatible technology stacks, and employee pushback.

Is Russia’s Tax Policy Hindering the Solarization of Its Multinational Stablecoin Initiative?

By Selva Ozelli, posted on February 10

Image Credit: Rana Balkis

Russia is taking the lead in issuing a multinational stablecoin. As the effort progresses, Selva observes that this technology, fueled by hydrocarbon energy, combined with Russia’s low solar adoption, could increase global temperatures.

Utility Industry Predictions for 2020

By William Buchan, posted on February 7

Based on the current trend of grid modernization, William offers three predictions for 2020: that utilities will focus more on customer engagement, that utility conversion to digital will reach market adoption, and that the number of distributed energy resources (DERs) will continue to increase.

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