Energy Digital Magazine April 2024 | Page 19

sustainable energy sources , but ‘ how ’ and ‘ when ’. Utility companies are uniquely positioned with the scope , experience and existing customer base to rethink their business models and begin a profitable journey toward net zero .
Partnerships and cross-industry initiatives are crucial in this drive . By fostering a collaborative ecosystem , we can amplify the impact of sustainable practices , accelerate innovation and create a ripple effect that extends far beyond the energy sector .
Similarly , in the energy sector of the future , data will be an especially valuable commodity . Companies will achieve a competitive edge by leveraging artificial intelligence , powerful databases and ERP technologies to make sense of their data and to deliver actionable insights . From managing prosumers and multiple renewable energy sources to economical energy distribution and storage , utilities companies will increasingly rely on advanced analytics and data-driven practices to remain profitable and meet a rapidly shifting market and consumer base .
Q . CAN YOU GIVE ANY EXAMPLES OF PROJECTS AND CASE STUDIES THAT HIGHLIGHT SAP ' S ROLE IN THIS TRANSFORMATION ?

» Companies across the world are focusing on the transition to net-zero to meet consumer expectations and

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