Priorities for Adopting an Exponential IT Mindset in the Utilities Industry
Adopting Exponential IT is critical for resilience and adaptability.
- Current IT practices fall behind the rapid disruptions happening across the utility organization, driven by unprecedented changes such as the fast-approaching net-zero timeline and the aggressive adoption of renewables.
- IT leaders struggle to have highly specialized knowledge of emerging technologies and trends to drive this rapid shift.
- IT faces challenges in establishing necessary guardrails ahead of technically astute businesses adopting new technologies.
Our Advice
Critical Insight
Utilities face challenges in providing safe, clean, and reliable essential services while ensuring affordability, keeping pace with technological advancements, and managing associated risks. IT leaders must no longer be spectators of rapid disruptions, but strategic business partners to the organization’s success. Through visionary guidance, Exponential IT should be explored and adopted to secure IT a strong position within the evolving business and technological landscape.
Impact and Result
- Recognize the urgency of adopting Exponential IT within the utilities industry to combat industry disruptions.
- Comprehend the four priorities of Exponential IT transformation in the utilities industry that are being adopted today to elevate IT’s value proposition to the organization.
- Acknowledge the foundational capabilities and maturity level required to begin an effective Exponential IT transformation, resulting in value creation.
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Unlock Sample ResearchContributors
- Dan Rainey, CIO, Detroit Water and Power District, United States
- Rob Morse, Director of Technology, Platte River Power Authority, United States
- Steve Wilson, Head of IT, Hydro Tasmania, Australia
- Cobus Nel, General Manager, Transpower New Zealand Ltd