Digital Utility Transforming for value and growth The Digital Utility: Transforming for value and growth Pursuing digital transformation across the value chain can be the most effective and cost-efficient way to address business challenges and achieve sustainable growth. NETWORK Generation Market Operations/Trading BUSINESS IMPERATIVES AND CHOKE POINTS PLANT BUILDING EFFECTIVENESS • • • Transmission Distribution COMMERCIAL OPTIMIZATION Lack of real data to evaluate investments and strategies CAPITAL EFFECTIVENESS • Rising O&M costs • Cost pressures from low power price and limited demand growth • WORKFORCE EFFICIENCY • Incomplete view of asset state • Limited preventive maintenance capability • Poor quality of engineering data from contractors during handover • Mostly time-based maintenance strategies and inefficient execution • Challenges to safeguard work (security) • • Cost, inflexibility and obsolescence of IT investments • Ineffective document storage, data capture and management • Difficulty shifting consumer interactions to lower cost channels • • LOAD AND CONSUMPTION OPTIMIZATION More new generation to integrate Low returns on grid investments to date Limited active grid management and optimization of power economics COST EFFECTIVENESS Sub-optimal task assignment and performance monitoring Volatile commodity markets EFFECTIVE MAINTENANCE Residential and Small & Medium Businesses Commercial and Industrial • CAPEX constraints NETWORK OPERATIONS OPTIMIZATION CAPEX constraints with larger and more complex projects RETAIL SMART METER SUPPLY • Need for greater value from smart meters investments • Immature Big Data analytic capabilities • Limited results from user change management CUSTOMER SATISFACTION REVENUE GROWTH • Need for new products and services to meet changing needs and exploit new technology opportunities • Challenged to create personalized insights and recommendations • Slow response to rapidly changing demands and preferences for interaction • Stagnation of customer satisfaction and churn • Need to improve control over energy efficiency programs DIGITAL ENABLING TECHNOLOGIES MOBILE ACTIVE DEFENSE eCOMMERCE CLOUD ANALYTICS / BIG DATA “CONNECTED EVERYTHING” SOCIAL MEDIA / COLLABORATION DIGITAL LANDSCAPE DIGITAL PLANT AND FIELD WORK • • • • Electronic work package Engineering data management Resource management Remote operations DIGITAL CONSUMER ENGAGEMENT • • • • Investment management Asset information management Asset condition monitoring Program performance management • • • • • • • Substation automation Volt/VAR control Advanced tele-protection Dynamic line rating Fault detection, isolation and restoration Intelligent grid devices Advanced meter infrastructure TRANSFORMATIONAL INITIATIVES DIGITAL ASSET MANAGEMENT Optimize asset planning and investment functions; more effective use of information leveraging cloud-enabled advanced analytics to evaluate conditions and investments. DIGITAL FIELD WORKER Improve planning and scheduling, logistics optimization, more effective management of work requirements and customer notifications, and more efficiency in back office enabled by mobile solutions powered with analytics. COMMERCIAL OPTIMIZATION Integrate and optimize energy trading and production, by leveraging advanced analytics and modelling. INTELLIGENT GRID OPERATIONS DIGITAL ENTERPRISE SERVICES INTERACTIVE DEMAND OPTIMIZATION • • • • • • • E-vehicle integration Demand response Energy information services Distributed generation support Energy efficiency/conservation Energy management Digital channels DIGITAL ENERGY PRODUCTS & SERVICES Extend the utility value proposition; sell and deliver new digitally enabled products and services related to energy generation, energy management and related premise services. DIGITAL CONSUMER INTERACTION Transform the customer interaction model to enable digital interaction spanning traditional channels, Web, mobile, social and connected home including omni-channel solutions and embedded customer analytics. Optimize demand response by integrating consumer technology and grid management and cloudbased analytic tools, with linkages to social media to drive engagement. More rigorous meter and device management, with solutions to support AMI deployment and operations leveraging analytics. Improve fault isolation and outage management, optimize voltage and power, and more effectively integrate distributed energy sources; use cloud-based analytics for real-time network management with mobile technologies to direct field operations and capture data; use mobile and social media tools to improve communications with consumers and workers, combined with analytics for better fault location. Develop digital services to change the way support services are provided and managed and digitize people management processes (i.e., recruiting and people logistics). About Accenture Accenture is a global management consulting, technology services and outsourcing company, with approximately 289,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com. Copyright © 2014 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
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