Drivers for change in the energy sector

09/01/20 • 29 min

Against a backdrop of increasing regulatory demands, market adjustments, cost efficiencies and consumer demand, utilities are challenged to be much more agile than ever before.
Massive growth in the volume and diversity of data, insufficient quality of data and expanding data silos are emerging obstacles utilities face as the world transitions to decentralized low-carbon energy.
In this podcast Marcel Smit of Energyworx and Thorsten Heller at Greenbird discuss key trends driving the energy sector and share the reasons behind both companies announcing a partnership agreement to offer Integrated Cloud Energy Data Management for new utility business models.

You will learn:

Drivers behind cloud versus on-premise preferences
Challenges in SaaSifying the energy sector
Build versus buy decisions using in-house IT resources

Read partnership announcement: https://www.greenbird.com/news/greenbird-energyworx-partnership
Acknowledgements:
Song: www.Bensound.com
Music Info: Corporate Ambient - AShamaluevMusic.
Music Link: https://www.ashamaluevmusic.com/corporate-music

You will learn:

Drivers behind cloud versus on-premise preferences
Challenges in SaaSifying the energy sector
Build versus buy decisions using in-house IT resources

Previous Episode

Utilizing real-time data for solving SDG’s in the water sector

Digital innovation holds the key.
As we have seen in so many other industries – including various areas of the utility sector – digital innovation creates new paradigms, transforming the economics and possibilities of industries and advancing the way we work and live.

By harnessing data and digital technology, we are able to transform the puzzle pieces (data) into understandable pictures (information and insights) using advanced analytics to create significant operational and environmental gains, helping to change the way we use our resources. If we do this together, then we have the opportunity to help apply technology and innovative business models as key enablers to address sustainable development in the water sector – with the purpose of creating both economic and social impact in the world.

To help foster dialogue around digital transformation in the water sector, we spoke to Jon Røstum, chief strategist Powel Environment, which is a part of the Volue group. In this episode Jon shares perspectives on critical issues facing water managers today and offer actionable insights that water stakeholders across the water cycle can benefit from and leverage for the communities and customers they serve.

The technology to transform water is already available today. By tapping into the experiences and knowledge of innovation leaders throughout the water sector, we can advance the dialogue around digital water and impact the Sustainable Development Goals (SDGs).

Learn more about how digitalization is transforming the water sector here: https://iwa-network.org/publications/digital-water/
Acknowledgements:
Song: www.Bensound.com
Music Info: Corporate Ambient - AShamaluevMusic.
Music Link: https://www.ashamaluevmusic.com/corporate-music

Next Episode

Piecing together the enterprise architecture puzzle

How do you transition to a next-gen enterprise architecture that enables data-driven innovation and operational excellence? Whether you are planning or executing transformative initiatives across energy services, grid analytics, application modernisation, or a 360 view of your utility, you need modern IT architectures that can simplify collaboration with market participants and accelerate time to market service innovation.

Innovate to prepare for the challenges and opportunities for today’s fast-changing energy sector and technology landscape.

In this podcast “Piecing together the enterprise architecture puzzle” you will learn actionable best practices from transformative industry-leaders and innovation frontrunners.

We have put together an e-zine with articles which speak to these questions. You can download the digital version of this collection by visiting http://utility40.greenbird.com/ to get more information on the build vs buy debate, understand the digital integration journey and how to simplify the IT/OT relationship.
Session highlights include:

Discover a blueprint and reference architecture for the digital utility that you can put into action right away.
Align next-generation architecture principles to your own business strategy.
Hear how leading utilities overcame key challenges managing huge amounts of energy data or integrate OT/IT and edge devices to create smart benefits.
Gain insight from other utilities and industries how those succeed with a multi-cloud strategy and understand their rationale behind their “make or buy” decisions.
Learn key benefits from use cases that generate value.
Listen to Greenbird and industry experts as they discuss utility data, building a blueprint architecture for the Utility 4.0 and how to extract value from it.
Learn how a data-driven culture can transition data from a troublesome challenge item to a strategic renewable resource that drives meaningful digital reinvention.

Moderator: Claire Volkwyn, Editor, Smart Energy International

Speakers: Thorsten Heller, CEO | Greenbird; Klaus Wagner, IT Project Manager | Netze BW GmbH; Rinse Veltman, Director Solutions | Energyworx