Utilities are learning to act faster to squeeze out business value
- Jan 21, 2019 5:29 pm GMT
This item is part of the Special Issue - 2019-01 - Predictions & Trends, click here for more
Utilities historically have excelled at large projects. Large and complex generation plants have been completed on time and within budget for decades, and significant complex and lengthy IT projects are regularly implemented successfully. Thousands of miles of transmission capability are constructed and operated. Many companies have recently upgraded their systems and operations through AMI technology, advanced grid management and other projects.
A robust technical foundation has been laid. However, the heady potential, yet modest achievement, has left a desire to create more business value. One of the key priorities for utilities in 2019 is to learn to take advantage of this history of significant projects, thinking digitally and bringing to pass real value, with improvements that matter for customers and employees.
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