CIOReview
| | MARCH 20246CIOReviewAs utilities worldwide strive to reduce their carbon footprint and adhere to stringent environmental regulations, the adoption of renewable energy sources has become important. For tech service providers in the utility sector, this presents a vast array of opportunities. From developing advanced monitoring and control systems for renewable energy infrastructure to creating innovative solutions for integrating intermittent energy sources into the grid, tech providers are playing a crucial role in facilitating the transition to a greener and more sustainable energy ecosystem.The use of AI and automation is transforming the way utilities manage their day-to-day operations. By leveraging advanced technologies such as the Internet of Things (IoT) and smart sensors, utilities optimize various processes, enhance efficiency, and reduce operational costs. Automation is applied across the entire value chain, from power generation and distribution to customer service. Developing and implementing automation solutions for utilities include creating sophisticated software for predictive maintenance, real-time monitoring of grid infrastructure, and automated demand response systems. On account of these emerging trends, the global utilities tech solutions and services market is expected to grow, reaching a CAGR of 24.9 percent by 2027. This edition of CIOReview brings insights into the latest developments in the utilities tech solutions and services space and how organizations leverage these trends to enhance operational efficiency, achieve sustainability goals, and pave the way for a more resilient and innovative future.It features a thought leadership article from Cannon Lord, Manager of Data and Analytics at Summit Utilities. It also features an article from Bob Williams, Senior Director of Information Technology at ElectriCom, who highlights the importance of sharing technology roadmap with strategic suppliers to show how their solution is used in the environment and start discussions on how it could be better used.In this edition of CIOReview, we also bring you the story of the top utilities tech solutions and service providers leveraging cutting-edge technologies to meet the evolving needs of organizations, redefining the benchmarks for adaptability, efficiency, and digital transformation in the utility sector.In this edition featuring the Top Most Promising Utilities Tech Solutions and Services Providers 2024, we hope you find the right partner to meet your organization's needs.Let us know your thoughts!EditorialTech's Crucial Role in Reshaping the Global Utilities MarketCopyright © 2024 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.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com MARCH - 22 - 2024, Vol 13, Issue - 06 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasGina ClumskyYenny TurnerTiffany HayworthAbner LawrenceVisualizersChris LynnBrian Harding*Some of the Insights are based on our interviews with CIOs and CXOsJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin Smith
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