Energy Magazine October 2016 | Page 46

DB RESULTS

Rooftop solar combined with efficient battery storage and smart energy management solutions represent just one of myriad ways that digital disruption is set to transform the utilities sector , and according to Matt Nidd , General Manager – Utilities , DB Results , there ’ s a real risk that companies who fail to innovate will be left behind .

“ Technology and regulatory change effectively means that what was always a commodity – the delivery of energy – is being further commoditised . For instance , now even the residential meter data itself is becoming a commodity , thanks to the new Power of Choice initiative ,” he explains . Given all components of the Retail value chain are available as a service , the barriers to entry into this market are lower than ever making it especially vulnerable to disruption .
“ This leaves customers wondering : why do I need to have a relationship with an energy provider and why I can ’ t I buy energy with my phone plan ? For electricity retailers , this means it ’ s essential that you

Matt Nidd

General Manager , Utilities
Matt Nidd is responsible for running consulting operations , growing the utility advisory capability , strengthening quality delivery and developing new service offerings . He manages a large team of professionals to drive growth , solution design , capability , innovation , alliances , analyst relations , service delivery and operations . His team is responsible for providing mission critical services to many of Asia Pacific ’ s leading utility businesses .
Nidd has 20 years of experience in utility businesses and technologies . He is experienced in building and managing globally distributed and diverse teams , and program delivery with sound technical knowledge in the utility domain . He has indepth experience in strategic planning , driving operational efficiencies , compliance reporting , deployment of large scale projects and managing P & L . He has worked extensively with clients to help them assess , deploy and manage world class technology solutions .
Nidd is also a recognised speaker and panelist at national and international utility industry conferences .
46 October 2016