Re-architecting the grid: how new thinking and technology must shape a viable utility ecosystem
Image credit: IFS
Unprecedented global changes and new power demand trends are forcing utilities to completely re-architect operations and assets across an ageing and increasingly costly grid.
This whitepaper highlights the shift from traditional, linear power systems to a more complex, bidirectional grid that integrates renewable energy sources and microgeneration.
Drawing insights from IFS and Accenture, it delves into the challenges of this transformation, such as volatile energy consumption and unpredictable demand spikes and underscores the necessity for strategic and technological innovation to build a sustainable, efficient utility ecosystem.
This whitepaper, informed by industry thought leaders at IFS and Accenture, explores the key drivers for change, examines the strategic and technology choices, and suggests some actionable insights for utilities to begin transformative change.
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About IFS
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognised leader and the most recommended supplier in our sector. Our team of over 6,000 employees every day live our values of agility, trustworthiness and collaboration in how we support our 6,500+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
