Energy

News, trends and insights for IT in the energy industry

Energy banner

Driving operational excellence through automation in the utilities sector

utilities sector

At a time when energy commodity prices are at all-time lows, operational excellence has become a necessity for utilities to remain competitive. Tight profit margins combined with recent significant shifts in power system supply and demand fundamentals have increased the urgency for utilities to invest in automation with an aim to achieving operational excellence. This […]

Tech Trend: Self-sovereign identity makes data shared in an ecosystem more valuable

As organizations focus on data-driven business models to remain competitive, they will increasingly seek to collaborate with partners and exchange data. Data shared in an ecosystem is more valuable than data locked in a silo because it leads to new innovations and customer experiences. This trend is playing out in many industries including transportation, logistics, […]

Machines that pay each other using digital wallets

wallets

People use digital wallets such as Venmo and PayPal and, more recently, cryptocurrencies such as bitcoins to make frictionless payments, peer to peer. What if machines could use digital wallets to make frictionless payments, machine to machine? Autonomous vehicles — such as cars, fork lifts, trucks or any industrial machine — could pay for their […]