Utility November 2021 Digital edition

Page 48

RETAIL , BIL L ING A ND CRM | Sponsored editorial

CHARTING A PATH FOR UTILITY DIGITAL TRANSFORMATION The energy and utility industries are experiencing a period of unprecedented transformation. The traditional one-way relationship between centralised, assetintensive utilities and the consumer, has been turned on its head.

W

e have entered a new energy paradigm where the emerging prosumer lies at the heart of a new decentralised and bidirectional energy system and an increasingly electrified economy. To thrive in this new world, a successful future utility will need to build compelling, integrated value-added services, overcoming complexity to present a personalised and seamless user experience to the customer.

BUILD: ESTABLISH A CLOUD PLATFORM FIT-FOR-PURPOSE This is the time to create cloud-native engagement and collaboration platforms that are flexible and scalable enough to keep up with transforming energy markets, able to integrate disparate data sources, provide deep analytical insight, and exceed increasing customer and stakeholder expectations. Truly agile utilities require a cloud platform that’s built specifically with energy and water utility business models in mind.

SIX QUESTIONS TO ASK YOURSELF WHEN SELECTING A PLATFORM 1. Organisational agility Can you quickly adapt to rapidly changing market conditions, regulations, and new forms of competition?

2. Speed to market Can you easily configure integrated, multi-product offerings and promptly launch them in the market? 3. Software interoperability Can you easily integrate internal applications, third-party applications, and future acquisitions? 4. Lower operating cost Can you minimise the software, hardware, and human resources needed to manage business processes? 5. Frictionless experiences Can you create personalised and seamless experiences for customers, communities, employees, contractors, partners and regulators? 6. Business transparency Can you access real-time, predictive analytics to provide deep, actionable insight into business performance?

About Salesforce Industries Salesforce Industries delivers industry-specific cloud and mobile software that embeds digital, omnichannel processes for customer-centric industries. It enables companies to achieve faster business agility and time-to-value from the cloud, across digital and traditional channels. Learn more at salesforce.com/au/utilities

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UTILITY • NOVEMBER 2021

WWW.UTILITYMAGAZINE.COM.AU


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Reimagining dam safety management

6min
pages 86-89

Celebrating 85 years of innovation

2min
pages 84-85

Technology reducing costs for pump maintenance and downtime for water utilities

2min
pages 76-77

How HDD supports infrastructure asset resilience

5min
pages 82-83

Essential Energy’s new digital and training safety initiatives

4min
pages 72-73

Industrial reverse osmosis

2min
pages 70-71

Manage water assets during a crisis by leveraging smart devices

2min
pages 68-69

Inspiring confidence and improving process safety

1min
pages 74-75

Listen up: TasWater’s active leakage management technology

4min
pages 66-67

Powering up Perth: the Western Power Hay to Milligan Project

5min
pages 60-61

The invisible threat you can now see

2min
pages 62-63

Boost productivity with PowerFlex 6000T medium voltage drives

2min
pages 64-65

Expanded product offerings: the future of energy retail?

5min
pages 52-55

A new billing system for Australian water utilities

2min
pages 50-51

Meeting 5-minute settlement regulatory requirements

2min
page 49

QLD-NSW Interconnector boosting reactive power and grid stability

7min
pages 56-59

Charting a path for utility digital transformation

1min
page 48

Minding the citizen-utility gap

5min
pages 28-29

Building a Digital Flood Twin of Tasmania

2min
pages 34-35

Reusing biosolids in the wastewater sector

3min
pages 26-27

Renewables at a Glance: Australia's biggest up-and-coming projects

11min
pages 22-25

Economical water treatment through blending

2min
pages 30-31

New technology transforms resiliency readiness

2min
pages 40-41

Engineering innovation ramps up rusted pole replacement program

4min
pages 44-47
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