The utility sector has been realizing that smart revolution is having a disruptive impact on their fairly stable, mature, and conservative industry. It is burdened with growing demand in power consumption. With countries, especially Asian and European, looking into alternative sources for power such as renewable energies, supply-side opportunities should be improved and increased for partners to encourage more investments. The paradigm shift towards technology in the utilities sector is driven by the world of possibilities opened by leveraging IoT, cloud computing, and big data to come up with smarter yet economical solutions.
Meeting the challenges in grid modernization, compliance and regulations, and IT/OT convergence has resulted in better grid resilience, uninterrupted operations, and reduced downtime and costs. Artificial Intelligence and IoT have played a disruptive hand in the utilities sector, forcing the companies to rethink the existing data management and operations, and making them automated. Such a scenario demands companies to look into the aspects of security, adaptation, strategic steering in bringing forth initiatives, and a strong network of partnership and consider them as critical deliverables.
To help with choosing the right partner, we have assessed the top utility solutions techs which have innovative ideas while also implementing the current technological trends in the sector.
Our goal with this special edition is to highlight the best-of-breed Utility Analytics solution providers like Avasant and Mars Water that have been revolutionizing the utility space with their groundbreaking solutions.
We present to you Utility Tech Outlook’s “Top 10 Utility Analytics Solution Providers 2019”.