Electricity Utility Trends

  • The pace of change is remarkable across the core value chain – generation, transmission, distribution, storage and consumption.
  • Markets are struggling to adapt to these changes. Utilities are not ready for the transformation.
  • A recent PwC survey shows that 82% of utility executives believe their company is not ready for transformation. Worse still PwC say a massive 40+% will not be ready by the end of 2021!

THE IMPLICATIONS OF THIS SITUATION ARE THAT:

  • There is an unacceptable risk of service provision failure and even market failure
  • Customers will pay higher prices and/or see lower services
  • Economy wide transformation that is utility enabled will be constrained

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  • 02 . 12 . 21

    Using AI to Detect Cyber Incursions – How cyber secure are you?

    Did you know that in Australia, a cyber-attack occurs on critical infrastructure every 32 minutes? Did you know that around 45% of cyber attacks come from current or past employees? State of Matter hosted a webinar for the Australian audience in November on the topic of “Using innovative AI to detect cyber incursions” with guest […]
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  • 01 . 12 . 21

    Asset management in public transport: How do you realize value with predictive strategies?

    Introduction Implementing, structuring, and managing data for automation / infrastructure can be a challenge. Despite the challenge, many organisations want to transform their traditional infrastructure organisation into a data-driven organisation. They do so because of an ambition to progress from planned to predictive maintenance, to take advantage of new technologies, such as drones and sensors, […]
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  • 03 . 11 . 21

    Cordence Worldwide Executives gather in Paris to get ahead of what’s next

    Cordence Worldwide Executives gathered in Paris last week for a hybrid meeting to shape the strategies and solutions to help their clients get ahead of what’s next. Living the reality of post-pandemic ways of working, Cordence Member firms in Europe met in person, with member firms from AsiaPac and the Americas participating virtually. This hybrid […]
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  • 03 . 11 . 21

    Cordence Festival 2021: That’s a Wrap!

    The First Cordence Festival 2021 came at a time when we haven’t been able to meet for over a year, but in the four days of the Festival, the member firms and the Cordence team were more connected than ever. In more than 25 sessions our member firms showed the power of Cordence and their […]
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  • 01 . 04 . 21

    Asset Management in Public Transport: The Data Maturity Journey from Planned to Predictive Maintenance

    Introduction In a rapidly modernizing world, many organisations aim to transform their traditional infrastructure organisation into a dynamic, data-driven one. They are propelled by an ambition to progress from planned to predictive maintenance, maximize their budgets and financial efficiency, and take advantage of new technologies. Information systems, based on data, make better and faster decisions […]
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  • 04 . 03 . 21

    Managed Services Pods Are A Slam Dunk

    Looking for a better way to build teams, embed expertise and unlock rapid value in Managed Services?

    Cordence partner North Highland shares how Managed Services Pods are a Slam Dunk.

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  • 25 . 02 . 21

    Sales & Operations Planning

    Cordence partner Bonfiglioli Consulting shares a case history using their Sales & Operations Planning and the important results achieved.

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  • 18 . 02 . 21

    How do you adapt your organization to the post-corona work environment?

    How do you adapt your organization to the post-COVID work environment?

    COVID has changed the function of the office building and the way we work forever. Cordence partner Twynstra Gudde shares their blog on how to get start.

    Learn how below.

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