Smart Grid & Utility Transformation

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Smart Grid & Utility

Transformation

A look at transitioning electric utilities

into the 21st century


Smart Grid & Utility

Transformation

The emerging market forces, impacting global

utility landscape, will necessitate

accelerated business transformations. One

size fits all approach will not work. Instead,

utilities should pursue a competent and

compatible value-driven approach.

This paper presents a broad road-map and ‘the

big four’ recommendations that can help realize

sustained value with smart grid

implementations

.


Four Foundational Pillars of Transformation

Insights and foresights to enhance

enterprise value

Integrated customer information to

improve brand value and market share

Transition from vulnerable to valuable

enterprises

Transition from reactive to resilient

enterprises

Data Innovation

Customer Centricity

Enhanced Cyber

Security

Strategic Crisis

Management


Data Innovation

Pursue value based segmentation and prioritization of analytic opportunities

Integrate existing legacy reporting & data mining environments

Develop a holistic architecture to enable enterprise analytics

Establish data governance


Insight & Foresight

Asset performance

scores

Geographical Information

Customer profiles &

social media data

Historical data

(Customer + Asset + Work)

Customer Centricity

Data Architecture, Technology Framework, Integration

Tool Set And Agile Methods M

obili

ty F

ram

ew

ork

s, A

ccess,

Auth

entication &

Pers

ona

lized

Conte

nt External

& Internal Access


Enhanced Cyber Security

Enhanced Cyber

Security

End-to-end integrated security

architecture

End point security solutions

Smart meter security

architecture

In-home networks and security extensions

Extensions to information

technology (IT) security


Strategic Crisis Management

Manage stakeholders

Manage communications

Employ smart work planning,

scheduling

Transition From Reactive To Resilient Enterprises


Setting the Architectural Framework

Evolve component architecture & service

Govern technology & partnerships

Manage decentralized technology & application Development


Conclusion

Utilities should master the new approaches in data

driven innovation and customer centricity to enhance

enterprise value.

In addition, cyber hardening and crisis management

should be matured to achieve enterprise resiliency

and business excellence.

Utilities should recognize the fundamental shift in

society and the business environment, and capitalize

on emerging technology solutions to improve their

market position and minimize operational risks.


For more details please visit the link below:

http://www.wipro.com/insights/industry-

research/utilities/smart-grid-and-utility-transformation

http://www.wipro.com/insights/industry-research/utilities/smart-grid-and-utility-transformation












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