Digital ’ s big three energy areas
ENTERPRISE DX
“ Global energy intensity improved by only 0.8 % in 2020 , roughly half the rate of 2019 and 2018 ”
CAPGEMINI RESEARCH
Digital ’ s big three energy areas
Frost & Sullivan says digital investments are directed toward three main areas : enhancing customer service , optimising grid operations , and developing connected businesses .
By incorporating cloud computing , big data , analytics , and IoT solutions , utilities and retailers are transforming their businesses beyond commodity selling . With global energy demand set to double by 2050 , major sustainability concerns are pushing an energy efficiency agenda forward globally . to have a broader social impact – and yet for 72 % of companies , collecting data across the IoT , monitoring production processes , and assessing environmental impact are priorities .
“ Digital capabilities are essential to tapping into innovation platforms and ecosystems , such as those orchestrated by Caterpillar and John Deere in agriculture ; Honeywell in data from IoT ; and Schneider Electric in power generation and energy use ,” it states .
“ It is not necessary to orchestrate a new ecosystem , and not every company is in a position to play the role of orchestrator . Contributing to an existing ecosystem can be just as attractive .”
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36 June 2022