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Challenges with Energy & Utilities Industry
The modern utility faces an array of challenges due to growing demand, stricter regulations, environmental mandates, and consumer expectations. These challenges require strategic technology investment and innovation. The industry is seeing the following trend
Convergence of information and operations technology
Increased use of connected devices
Increasing customer expectation
Changing customer engagement models through deregulation
Increased compliance and regulatory requirements
Distribution generation
Increased generation from renewables
Mergers and acquisitions
Pressure to innovate