Director, O&M Advisory Services DNV GL Seattle, Washington
Presentation Description: As we strive to reduce carbon emissions and safeguard the planet for future generations, advances in digital technology are enabling dramatic changes in the way we produce and consume electricity. Despite its importance for the future of the energy industry, particularly renewables, digitalization has become a trend or a buzzword. Beyond the hype, we must treat digital transformation like any other vital business process, with defined goals and strategies.
To better understand how the industry is leveraging digitalization, DNV GL polled almost 2,000 professionals from across the energy value chain, representing a range of energy industry sectors, business sizes, and functions. We discovered that there are some key barriers holding the industry back from digitalization, which include: lack of digital mindset, lack of digital technology skills, and concerns about sharing data.
Using the results of DNV GL’s study, we will present the views and digital maturity of organizations across the industry. We will reveal the current progress toward digitalization, including which digital technologies organizations are investing in now and which they’ve earmarked for future investment as well as the barriers the industry is facing. We will explore some of the key barriers and present potential solutions for overcoming these obstacles.
Methodology: This presentation is based on a global survey of 1,919 industry professionals and interviews with market leaders. The presentation is intended to build on a discussion from the AWEA O&M conference that introduces the topic.
Outline the critical elements that organizations need to have in place for their digitalization strategy.
Compare the status of digitalization within their organization with that of their peers.
Describe common barriers to implementing digitalization strategy as well as potential solutions to these barriers.