Digital Transformation Through Analytics for Utilities

Digital Transformation Through Analytics for Utilities

Digital Transformation Through Analytics for Utilities

ABSTRACT

As utilities continue to embrace digital technologies on their analytics journeys, they need to have a thorough understanding of what overarching strategy is needed to institutionalize analytics into their organizations and business processes. Indeed, a utility's digital transformation through analytics (DTA) is not a one-dimensional strategy; rather, it consists of multi-tiered ...objectives resulting in multiple workstreams to assess, define and deploy.

The strategy of each utility will vary based on multiple factors, including organizational change, business objectives and regulatory imperatives. Once the strategy for DTA has been established, utilities must undergo a maturity assessment to take inventory of where they are in their DTA journey. Once maturity level has been established, utilities have choices on how to best begin deployment, ranging from complete in-house development to total outsourcing (XaaS). This paper discusses the multiple choices utilities have in an SAP* environment to develop their unique roadmaps tailored to their specific strategies.

This paper dives deeply into several variations/permutations of technical architecture for hardware platform, software optimization and deployment services. In particular, the paper:
• Explores the drivers and reasons to implement a utility DTA strategy for tangible value-based improvements
• Reviews common challenges and how some utilities have managed similar projects
• Explains how data can be leveraged to provide actionable intelligence and predictive insights for utilities
• Highlights some of the software and infrastructure needed to support DTA solutions in utilities, along with recent innovations from Dell EMC and Intel that enable such implementations.

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