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The energy sector has never looked more interesting - can the staid utility industry embrace the digitaltransformation strategic models required to stay relevant or will they be crushed in the emerging battle between tech and energy companies?'
The energy sector has never looked more interesting - can the staid utility industry embrace the digitaltransformation strategic models required to stay relevant or will they be crushed in the emerging battle between tech and energy companies? Collaboration'
The energy and resources sector including utilities, oil and gas, chemicals, and metals & mining is one of the most hazardous in the world. Utilizing information management technologies and best practices can help continuously improve upon and eliminate these root causes for safer operations.
The energy sector has never looked more interesting - can the staid utility industry embrace the digitaltransformation strategic models required to stay relevant or will they be crushed in the emerging battle between tech and energy companies? Collaboration'
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Uncertainty has become the new norm in the energy industry and 2020 promises more of the same. This is due largely to the fact that the oil and gas and utility sectors are heavily impacted by some pretty intense forces – the geopolitical climate, trade tensions and economic fluctuations, just to name a few.
Darwin’s advice to the energy sector: get agile! What does Charles Darwin have to do with digitaltransformation in the energy sector? The resulting findings are pulled together into insights we call the CGI Global 1000 outlook, and this year the urgency to achieve digitaltransformation emerged as the overarching trend.
Once upon a time, the utility industry was a relatively simple place to be. It was all about the safe and consistent generation and distribution of energy with good capacity planning, minimal outages and happy customers. Then it all changed. Climate change happened. Infrastructure got older. appeared first on OpenText Blogs.
Assets are the lifeblood of the energy industry. As new layers of change – including deregulation, new legislation, new market entrants, new consumption patterns – impact the sector, enterprise asset management becomes key to the profitability and long-term sustainability for many oil and gas and utility companies.
Strategize your next move to become a utilities leader, delivering value at scale and pace. In 2019, our CGI Client Global Insights reveal, once again, that utilities are making considerable progress in their digitaltransformation journey, with 92% of executives now reporting their organization has a defined digital strategy in place.
From taking a shower, to brewing your coffee, and watching the news, your morning routine is fueled by the energy sector. But the energy sector also underpins our emergency and response systems, our hospitals and healthcare, our schools, our businesses, and virtually everything we do as a society. The Rising Threat.
UtilitiesDigital Journey Insights (Part 4): Utilities’ pursuit of new business models accelerates. Some utilities even provide vehicle-to-grid services and home energy management systems to help consumers manage their electricity usage. Tue, 02/19/2019 - 10:45.
UtilitiesDigital Journey Insights (Part 1): Why are utilities playing catch-up in the race to digitallytransform? This series of blog posts builds on the 2018 CGI Client Global Insights, providing insights into how utilities are making progress toward digitaltransformation.
New technologies are shaping the way we produce, distribute and consume energy. alone has installed nearly 10,000 electricity generation units, connected by more than 300,000 miles of transmission lines and capable of generating over a million megawatts of energy. Historically, the power grid has been a one-way street.
Let’s start with a question: In the current focus on digital initiatives, are energy companies overlooking the importance of content? The potential of digitaltransformation The wave of sweeping themes, like the 4th Industrial Revolution, Industry/Manufacturing 4.0, And, what does that mean?
Next-gen, real-time data exchanges will power the energy industry. Now in its eighth year, the event brings together global energy experts and influencers to debate and discuss the future of central market operations. sonya.balasubr…. Wed, 05/01/2019 - 22:32. brings this pressing issue to the fore. Data exchanges need to evolve…fast.
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In fact, memory attacks have quietly emerged as a powerful and versatile new class of hacking technique that threat actors in the vanguard are utilizing to subvert conventional IT security systems. Allegedly developed by US and Israeli operatives, Stuxnet was discovered circulating through Iranian nuclear energy facilities in 2010.
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As carbon emissions reporting becomes common worldwide, IBM is committed to assisting its clients in making informed decisions that can help address their energy demands and associated carbon impact while reducing costs. It helps identify energy or carbon hotspots to develop an optimization roadmap.
UtilitiesDigital Journey Insights (Part 2): Unlocking executive priorities for innovation. This series of blog posts builds on the 2018 CGI Client Global Insights, providing insights into how utilities are making progress toward digitaltransformation. we shared insights behind the challenges to scale digital.
Enhanced customer engagement was shown to be the top outcome that UK Utility companies looked for from their digitaltransformation initiatives. That’s according to research that has just been completed by Utility Week and OpenText™. appeared first on OpenText Blogs.
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Digital-born firms from telecoms are key drivers of the transformation of the energy system. Consumers are becoming increasingly aware of the value digital technologies bring to their lives. These industries are setting the pace for digitaltransformation. Fri, 11/11/2016 - 02:10.
Most IT sustainability goals include reducing Scope 2 and 3 greenhouse (GHG) emissions to reduce their digital carbon footprint, the GHG emissions produced by digital technology resources, devices, tools, and platforms. Decrease your individual energy output with automated tests executed on the cloud.
UtilitiesDigital Journey Insights (Part 3): Data, the new “digital capital” - Going beyond the hype of advanced analytics and AI. This series of blog posts builds on the 2018 CGI Client Global Insights, providing insights into how utilities are making progress toward digitaltransformation.
Here are a few key takeaways: The security bottleneck The next great leap forward in digital technologies will give us driverless ground transportation, green cities that continually optimize energy usage and self-improving medical treatments. to have a copy of that person so that we can actually do predictive health maintenance.”
These conversations boiled down the three core issues around asset performance: deploying digital technologies, the ‘first to be second’ approach and the … The post What does asset performance optimization mean for energy and manufacturing? appeared first on OpenText Blogs.
The need to digitallytransform touches every organization, in every industry. Currently, data centers are a significant source of organizations’ energy usage and carbon emissions.
The subscription model also lets you optimize product utilization so that you can segment your offering and demonstrate the true value of your product. Equipped with is foresight, you can lead a smoother, more effective digitaltransformation. Ready to explore how your digitaltransformation can help your business thrive?
Others still go unseen in our daily lives, such as critical rotating machinery in a power … The post Mastering modern work through the lens of an energy field engineer appeared first on OpenText Blogs.
The world is in a race for energy and operation and maintenance across the entire energy sector are challenged to improve efficiency to keep critical equipment running. Accessibility, and document control are critical to achieving this.
CGI has recently sponsored a survey, covering over 200 retailers in European energy markets, that suggests that there are major challenges ahead. Faced with these challenges, the report highlights three major success strategies: The quality of customer service is seen by utilities as the main battleground for winning or losing new customers.
As the pace of digitaltransformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. Both concepts refer to digital representations of physical objects, but they serve different purposes and offer companies unique advantages.
Similar use cases in other industries include integrated member experience in Healthcare, smart asset performance and security in Energy & Utilities, connected vehicle services in Automotive, operations and process optimization as part of industry 4.0
The report provides business and IT executives with a comprehensive evaluation of the content services market, offering valuable insights into how organizations can leverage content services solutions to accelerate digitaltransformation.
Enterprise organizations in industries that need to meet strict regulatory compliance standards or comply with data sovereignty laws (manufacturing, energy, oil and gas) frequently choose private cloud environments when they need to meet strict regulatory standards. All the major public cloud providers (e.g.,
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Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. regulations, undergoing digitaltransformation and the need for cost-cutting. What’s at stake?
A tsunami of new data streams offers enormous opportunities in guiding digitaltransformation strategies across many industries. The Internet-of-Things has the potential to transform a range of industries – from automotive and agriculture through to healthcare, home appliances and insurance services.
Our partnership benefits from IBM’s expertise in cloud computing , artificial intelligence (AI) and analytics, and TCS’s experience in digitaltransformation, consulting and cloud-engineering services. Accomplishing such projects and workloads requires precision, diligence and substantial experience.
The use of digital twins is one such innovation. In the era of digitaltransformation, digital twins are emerging as a potent solution to energy production challenges. And in the realm of exploration, digital twins can revolutionize the way companies search for new oil and gas reserves.
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