Business Strategy: The State of Digital Transformation in North America Power in 2016
This IDC Energy Insights report provides an overview of digital transformation (DX) within three major segments in the North American power space: investor-owned utilities, independent power producers, and public power entities. The report provides an update of activities occurring in these power segments in regard to DX. The report goes on to describe the major areas of focus for each power segment as it relates to DX and recommends the key areas where these power segments should concentrate their efforts."Over the past few years, traditional IOUs have been proactively investing in technology that has allowed them to operate more efficiently and strengthen their relationship with customers. These investments have ranged from smart grid technology — which will help utilities manage, control, and integrate DERs onto the grid — to mobile applications, which provide customers with real-time energy use and customized rate plan options. Expect IOUs to continue investments in technical solutions as the power sector moves forward adapting to or creating disruptive changes in the market," said John Villali, research director, IDC Energy Insights.