Top 20 Utilities Technology Companies - 2018
For the past few years, utilities worldwide have been pushing towards economization and greater involvement of tech-savvy consumers in energy efficiency programs—ideas that may seem opposing at first glance but actually complement each other. While the exponential rise of power demand looms large over the utilities, a collaborative effort between all the stakeholders involved the power consumption chain seems a viable option to optimize energy usage, and simultaneously welcome renewable sources. The year 2017 witnessed a radical shift in the area utility technologies, with rapid adoption of IoT devices, big data analytics, and cloud solutions to make grids smarter and more responsive to peak power demand surges.
This year, it will be interesting to see greater integration of non-conventional energy resources, especially on the corporate side of the consumption. Major organizations worldwide have been donning a new look, with energy-efficient buildings and ambitious plans to become completely energy-independent. Coupled with software solutions, the enterprise organizations have greater visibility and control over HVAC systems, lighting, and general asset power consumption. On the part of utilities, the deepening commitment toward resilience to price fluctuations and cybersecurity threats will only continue to intensify.
In a bid to provide a snapshot of the latest developments in utilities technology, a distinguished panel of prominent CEOs, CIOs, VC’s and analysts, along with CIOReview’s editorial board, have identified the front-runners in innovation. We present to you the “20 Most Promising Utilities Technology Solution Providers - 2018”, a summary of our analysis of the market.