A recent research report found that 77% of utility companies expect digital technology to drive radical transformation
The UK utilities industry is experiencing disruptive change. Macro-economic and political trends are greatly affecting asset-heavy monopoly utilities and their counterparts in retail markets. The trends are not only influencing regulatory regimes and perceptions of legitimacy, they are changing expectations regarding utility roles and responsibilities, as well as acceptable levels of profitability.
Along with these strategically critical market dynamics, utilities are grappling with the implications of many interlinking technological business innovations.
Utility Week, the leading business media brand for the UK’s utilities industries, and market research expert Harris Interactive, in partnership with OpenText™, interviewed 35 energy industry senior executives to better understand how UK utilities perceive digital transformation.
The research findings are published in, Understanding digital transformation in UK utilities. The report highlights:
- Which business activities are most ripe for digital disruption
- What digital investments can achieve for utility companies
- Which technologies are strategically most important in the near term
- Which barriers might prevent utilities from achieving their digital transformation goals
Download the report to find out more about how digital is transforming the UK utilities industry!