Revolutionizing Utilities – Emerging Trends 2019!
- Nov 28, 2018 5:47 pm GMT
This item is part of the Special Issue - 2019-01 - Predictions & Trends, click here for more
The technology world is buzzing with trends such as IoT, virtual & augmented reality and their applications in tools such as wearable devices and drones. One can witness the astonishing pace of progress that these tech-tools have made over the past few years and their application to the real world.
There is also a growing transition of these technology based innovations into the utility industry. Tech-evangelists are optimistic, on how smart grids, advanced metering infrastructures, virtual power plants, smart homes, intelligent transportation and smart cities will enable the utilities of tomorrow.
According to a recent report by Gartner, “A confluence of socioeconomic drivers and technology innovation is forcing utilities to transform into digital enterprises”. Utility CIOs should evaluate these trends to successfully embark on a digital transformation journey while meeting traditional expectations from regulators and customers.
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