The Power Utility Digitalization Journey: Creating an Adaptive Network and Optimizing Business

The digitalization journey will drastically affect the future of power utilities when it comes to optimizing their business, improving power grid reliability, and generating cost effectiveness. Data analytics is at the center of the digitalization journey and will permeate every aspect of the industry in order to use the data being generated to improve system protection, power grid reliability and efficiency, and render the network adaptive rather than reactive. Furthermore, digitalization is not just about technology, but involves people and process.

This presentation will explore the various drivers to the digitalization journey, the operational transformation that is needed and the critical demand for robust multi-service communications, along with embedding security in every project and implementation. It will outline the various challenges in the journey such as organizational preparedness, security tools, technology, and skill gaps including asset management that must be accounted for. Finally, the presentation will identify the various benefits, including what the integration of artificial intelligence (AI) could mean in this digital journey.