CIOReview
| | February 20206CIOReviewThe utilities sector is now at a precipice of a massive shift due to the injection of innovative technologies. Despite different regulatory regimes in place, the sector is witnessing a significant shift in the way the energy is being produced, managed, transported, consumed, and conserved. With clients becoming the prosumers, newer business models are emerging, pushing the utility sector beyond the role of traditional commodity businesses. The field has stayed in alignment with the wave of change from encouraging digitalization to combining distributed energy generation and storage at a residential level. Digitalization is considered the key for efficiency, and the field has adopted various technologies such as AI, IoT, Blockchain, and data analytics to improve its productivity, provide economic systems, all while focusing on conservation and sustainability. Utilities sector aims to embed 'digital' in its enterprise security to stay relevant and redefine the conventional norms it has followed until now. While the technology implementations settle in myriad processes of the sector, it has now started to redefine the flexibility plays of utilities process management. It is beginning from demand-side management (DSM) and vehicle-to-grid (V2G) technology to full-fledged distributed energy resources management system (DERMS). Concepts for aggregation and virtual power plants (VPP) offer electricity companies ways to add grid services to the revenue mix, increase protection from price peaks, and provide access to the market for owners of distributed energy resources (DER). Edge analytics and computing have changed traditional approaches to asset maintenance in utilities by enabling the collection and analysis of real-time operational data to predict asset operation anomalies leading to system failures. Since energy is critical infrastructure, its security is of particular interest leading to developed cybersecurity services as well. In this edition of CIO Review, light is shed on those global enterprises and agencies, working relentlessly to optimize the utility sector, via insightful articles. We believe that this edition will provide its readers, strategies for efficient evaluation and applications that will mainly empower resource conservation and sustainable management. Let us know your thoughts.EditorialUtilities Surfing the High Tide of TransformationCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewContact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com February - 3, 2020, Vol 09, Issue - 02 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasVisualizersIssac GeorgeAsher Blake*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Dean Winchester
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