The utilities industry is in the midst of a dramatic transformation, evolving to a more digitized, decarbonized and decentralized system. Traditional business models, providers and ways of operating are being disrupted and changing rapidly.
Many utilities have already embarked on their journey to cloud with incremental adoption of infrastructure and software solutions, but tackling an enterprise strategy for cloud has been a challenge. But those challenges can be overcome. Concerns about security, data and control are largely figments of the past. Getting to value requires a holistic approach that combines new technology with the new ways of working that cloud introduces to the organization.
Our research shows that moving to the cloud can enhance business agility and resilience, optimize IT spending, accelerate innovation, and elevate enterprise security. For utilities, it is a matter of how to accelerate the enterprise cloud journey and unlock the most business value now.