Energy Magazine January 2022 | Page 44

DIGITAL INNOVATION

Neste

Energy

“ Requirements to meet climate targets are compelling organisations to fast-track the onboarding of dataand automation-related tools for transformative impact amid an uncertain business landscape ”

EVGENY FEDOTOV SENIOR VICE PRESIDENT , HEAD OF EMEA REGION , AVEVA
Any organisation and / or government body with large land or water assets can benefit from ISMS ."
Frost & Sullivan ' s recent analysis finds that the digitalization of power distribution and retail companies will continue to accelerate this decade . By incorporating cloud computing , big data , analytics , and Internet of Things ( IoT ) solutions , utilities and retailers are transforming their businesses beyond commodity selling .
Frost & Sullivan finds that digital investments are directed toward three main areas : enhancing customer service , optimising grid operations , and developing connected businesses .
Software , analytics , and information technology services expenditure in key regions such as North America , Europe , and Latin America is estimated to reach
44 January 2022