Top 10 Utilities Tech Solution Companies- 2022
Over the last decade, the utilities tech landscape witnessed a major upsurge in the adoption of digital cloud and IT innovations. The pandemic has provided additional stimulus in this drive toward implementing modern technologies as businesses strive to improve operations and better serve customers. To that end, many utility solution providers are embracing the latest trends and digital solutions that can assist them in achieving this goal.
Along with the continued acceleration of digitization and cloud adoption, the utilities market is also adopting supplier optimization with electronic data interchange (EDI). As new COVID variants continue to degrade economic activity, utility enterprises will focus on optimizing supply chains and reducing risk so that electric grids and utility infrastructure are not jeopardized. Companies can improve supply chain efficiency by automating order and invoice processing with the incorporation of AI into EDI. However, along with the adoption of trends like AI, machine learning, and EDI, security will always remain a concern. Given the rise in the ever-changing tactics, it’s no surprise that more cybersecurity solutions will be deployed to combat the threats. Governments and utilities are expected to place a greater emphasis on developing innovative and resilient solutions.
At this juncture, there are a number of utilities tech solution providers on the market that cater to various business use cases. Keeping in mind the various innovations adopted by the utility industry, a distinguished panel comprising CEOs, CIOs, VCs, analysts, along with our editorial board, has shortlisted the most promising utilities tech solution providers constantly driving a positive change in the world of utilities tech.
In this edition, we present to you CIOReview’s “10 Most Promising Utilities Tech Solutions Providers — 2022.”