The role of technology in the development of business models in the utilities sector

[nurmohammadhasan0]

Just a year ago, in an article titled Tech architecture matters more than ever before , Accenture confirmed the role of technology in the utilities sector , emphasizing its importance for the development of the business models of the future . According to Accenture, the new leaders of utilities are also, if not above all, technological leaders and the future value propositions that they will be called to formulate will be defined as much by technological capabilities as by corporate strategy.

83% of utilities executives agree that business and technology strategies are jordan whatsapp resource becoming inseparable, even indistinguishable (Source: DNV).
This is because “a utility’s ability to generate value will increasingly be based on the limitations and opportunities of its technical architecture.”

88% of utility executives believe their organization's ability to generate value will increasingly be based on the limitations and opportunities of its technology architecture (Source: DNV).
A vertical modular cloud-native model based on micro services can provide utilities with the necessary flexibility, resistance and reactivity to cope with changes in a market that is profoundly influenced by external factors that are often unpredictable or uncontrollable – think of those that have occurred since 2020: conflicts, extraordinary climate events, the recent pandemic.

90% of utility executives agree that to be agile and resilient, their organizations must invest in a digital transformation that is increasingly based on the cloud.
Now that we have provided some reference points to orient oneself in a context so difficult to interpret, we can identify the main trends that will change the utilities sector.