Proactive effort towards digital transformation means increased revenue and profit. For those who fall behind, the opposite is true.
Utilities are still among these digital stragglers. The potential for gains and losses is huge, but with effort and commitment - there's still time to close the gap.
It's easy to assume, looking at industries like media and tech, that all industries have made the switch to digital technology. However, those industries are only a small slice of the pie. When it comes to digital transformation, most industries - utilities included - have fallen behind.
Digitized assets, mobile field operations, and connected remote teams are the areas where utilities lag the most. Incidentally, they also offer the best avenue for positive change. Explore the steps utilities can take today to begin moving towards a digital future.