A look at the work being done by Farys & Capgemini to deliver the Renewable Enterprise with SAP S/4HANA, driving innovation to successfully create recurring customer value ... opportunities and key digital transformation considerations for companies in the utilities and energy space. Filter By . Our mission is to deliver renewable solutions to lead the transition to a sustainable energy future. Last month, BP published the 2020 edition of its energy outlook . Digital transformations in the power and energy sector are a key step in national and regional plans to improve energy efficiency throughout sub-Saharan Africa. This means that every time you visit this website you will need to enable or disable cookies again. Along the full wind and solar value chain—where minimizing operating costs while maximizing effectiveness is the key to winning—digital solutions are a crucial part of the strategy. Digital transformation in the energy sector (initial situation) With energy holdings – predominantly low-carbon, including natural gas, wind and solar – in 70 countries across the globe, our client had a vision for digitalizing the sector, based on marrying vast quantities of operational sensor data with its decades of industry expertise. Increasing the penetration of renewables will require solutions in the energy management and storage space, which are digitally enabled. Successful companies don’t think of big data and advanced analytics as “IT projects” but as enterprisewide platforms that will enable current and future business success. In the US, the onshore wind buildout continues apace, driven by favorable government policies, declining costs, and rising expectations about sustainable energy from consumers and corporations. Analytics and ML being applied to automate processes with environmental impact, predictive maintenance, and renewable energy forecasts for solar and wind power. With our broad portfolio of technologies and solutions ranging from sensors and edge analytics to enterprise-scale Artificial Intelligence, we help our customers get better data and make better decisions. Digital DNA is a catalyst for digital transformation (see sidebar, “Digital DNA is a catalyst for digital transformation”). In addition, real-time tracking and monitoring can provide updates for the customer, utility, and installer on the performance of the system—improving overall operations. 1 2 3... 6 Page 1 of 6. By redesigning core processes, leading companies are using big data and advanced analytics to create significant value today and tomorrow, something investors are recognizing and rewarding. While solid and dependable, the sector wasn’t generally considered cutting-edge, innovative, or exciting by any stretch of the word. The SAIMM is going Digital! After a significant jump in the rankings earlier this year, Ireland’s place in the EY Renewable Energy Country Attractiveness Index has slipped. There are four “levers” or “keys” by which are restructuring are business models: According to Juan Manuel Eguiagaray, patron of Fundación Alternativas: “Spain is below the average of European countries in digitization but grows at a much higher rate”. Digital access to the client: internet allows us to go to consumers with total transparency and provide new services. With the declining cost of renewable technologies, including batteries that are being scaled rapidly by companies such as Tesla Motors and Panasonic, generation is being transformed. With the declining cost of renewable technologies, including batteries that are being scaled rapidly by companies such as Tesla Motors and Panasonic, generation is being transformed. Amazon has announced 26 new utility-scale wind and solar energy projects totalling 3.4 gigawatts (GW) of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 projects and more than 4 GW of capacity — the largest corporate investment in renewable energy in a single year. Since the creation of Kaiserwetter Energy Asset Management, Schoklitsch and his team have worked to develop a digital platform and tools supporting renewable energy investors maximizing their performance. Our digital transformation framework—with connected assets, a connected workforce, and optimized operations and maintenance—offers renewable energy companies greater returns on investments. Embracing digital transformation in the power and energy sector is a key step in national and regional plans to improve energy efficiency throughout sub-Saharan Africa. Energy is known for being an industry with a long-term capital trajectory, an industry where it takes time for change to be felt. This project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement No 820561 Save my name, email, and website in this browser for the next time I comment. Defining technology enablers, strategic drivers and a roadmap for BCP’s enterprise and refinery, marketing/retail and renewable energy businesses. Here are the larger trends: •    The amount of data generated is growing exponentially. Above all, this award recognizes the joint work of two innovative companies: Renom, the Industry domain expert, and Atos, the global leader in digital transformation. 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