Knowledge is power
What's the bottom line?
In a challenging economic and regulatory environment, utilities need to develop a comprehensive strategy for sustainable top-line growth.
Through the focused use of analytics, utilities can leverage the rapidly growing amount of data at their disposal to develop responses across the asset, customer and regulatory pillars of growth.
Utilities that focus on analytics to drive business insights are not only preparing for future opportunities, but also helping bolster their top line today.
To maximize the power of analytics, follow these steps:
- Define an analytics strategy to focus efforts.
- Execute analytics in a “portfolio” of pilots or projects.
- Integrate analytics into business processes.
- Build internal capabilities.