How digital transformation enables the energy transition

Eaton

How digital transformation enables the energy transition

Published: 24 August 2022 · Category: White Papers and technical guides

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How digital transformation enables the energy transition For enterprises engaged in digital transformation, focusing exclusively on process- or people-centric change without considering the major transitions occurring in energy and power is both risky and sub-optimal, leaving significant cost savings and business transformation gains on the table. Based on a May 2022 survey of 1,001 enterprises, fielded by 451 Research, part of S&P Global Market Intelligence and Eaton. 1 2 Digital transformation is a business priority, but still in the early stages of enterprises are not yet executing a digital transformation strategy say their digital skills are not strong and need to improve While digital change has become a priority in boardrooms, it is an evolution still in its infancy requiring c-level buy-in, up-skilling of digital capabilities and the adoption of enabling digital technologies. have adopted ‘some’ digital technologies, but not broadly across their organization The energy transition is coming – if not already here 3 More than 77% of enterprises anticipate changing their energy sources, and more than a quarter have plans underway. Operational optimization + Energy transition  Digital transformation Operational and business process goals tend to lead digital transformation efforts, but increasingly digital-savvy enterprises are embracing energy transition and power optimization aspirations as well. Optimizing business processes and operations Renewables like solar and...