HOW UTILITIES CAN MOVE TO INSIGHT-DRIVEN OPERATIONS

Utilities deliver electricity, gas, and water to homes and businesses. To do so optimally, they need to understand changing demand in order to balance supply, and to deploy and manage a complex network of infrastructure to generate, transmit and deliver these services.

Insights derived from data make both demand forecasting and asset management more predictable. This is true even in stable times, but as climate targets, low carbon technologies and regulatory pressures fundamentally change how utilities operate, data becomes all the more important in navigating this far more complex, distributed, and nuanced world.

Electricity in particular faces huge external pressures to change thanks to new rules and technologies . To thrive it will need more da t a driven insights in t o changing demand (eg from EV charging) and in tegrating new assets ( solar, wind, batteries) in t o existing infrastructure . At the same time, they can use sophisticated data techniques t o optimise their existing infrastructure – despite the fact most was not designed for the digital world.