Top 20 Utilities Tech Companies - 2019
With the emergence and implementation of innovative technologies such as big data, analytics, and internet of things (IoT), the utilities industry today, is transitioning into a new chapter of real-time monitoring and automation. This rapid migration into tech-based solutions is causing a considerable shift for the utility providers in the industry towards the development and deployment of customer-centric and user-friendly offerings. In addition, the significant increase in power demand for utilities, stakeholders belonging to public and private organizations are collaborating with utility solutions providers to optimize their energy usage and explore the utilization of renewable sources within their enterprises.
The adoption of tech-based utilities is resulting in a growing utilization of distributed energy resources, driving the transition to smarter grids. Further, the deployment of smart meters is enabling an enhanced utility management for both, provider and customer. In the resource management realm, the increased usage of connected refineries is leading organizations to better manage assets with mobility applications powered by wireless networks. Looking ahead, utility companies will need to shift from a commodity-based to a service-oriented business model to efficiently deliver solutions and effectively help their clients make better decisions.
This edition of CIOReview brings you the “20 Most Promising Utilities Tech Solution Providers - 2019.” This list gives you some of the most prominent organizations in the industry that provide sustainable solutions enabling utilities to enhance performance and environmental efficiency. The proposed list envisions assisting companies to gain from the services of the right utilities technology providers who suit their specific requirements and assists them in scaling according to different markets.