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Energy & Utilities

 

Overview

The energy and utilities sector is at the cusp of digital transformation but like many other industries this sector comes with its set of challenges. If done right, digital transformation will and can create value, agility, cost efficiencies, better performances and processes, and customer satisfaction. The energy sector must invest in cleaner energy sources and get value from the digital disruption.

Attention has been diverted from oil and gas to renewable energy sources. It is a challenge for this sector to improve performance and generate new revenue streams and this is only possible through disrupting the Energy value chain. That is why more and more companies are investing in automation of their operations and hoping to leverage the AI and analytics to accomplish agility, operational excellence and cost management.

The IoT sector is expected to reach a global market value above $22 billion by 2020.

By 2020, it is expected that 50% of manufacturers with revenues of more than $5B will have at least one digital twin system in place.

By 2022, it is estimated that Europeans will be able to self-generate and store power at about the same cost as when they purchase it from providers.

Source: Energy 4.0: Digital Transformation In Energy & Utilities Industry

By deploying smart technologies, Abacus helps energy and utilities companies to increase quality of life while lowering energy consumption.

Get in touch with us to learn more

Abacus advantage

At Abacus, our team of experts equipped with excellent industry knowledge and a pragmatic approach will help you with the insights, and leading edge technology to begin your transformation with focus on adoption of digital ways of working, attracting talent and modernising the IT structure and environment. We promise to deliver operational excellence and strategic growth through our deep industry knowledge and help you overcome the challenges.

Capabilities

Asset Management

  • Asset Operations and Maintenance
  • Environment, Health, and Safety
  • Planning and Analytics
  • Internet of Things
  • Device Reading and Data Management

Process Automation & Integrations

  • Quote to Cash
  • Procure to Pay
  • Record to Report
  • Account Receivables and Payables
  • Customer Services
  • Application Migration
  • Data Entry

Marketing, Sales and Services

  • Omnichannel Customer Management
  • Digital Applications
  • Sales Force Automation
  • Field Services
  • Contextual Marketing
  • Advanced Analytics

Explore these solutions to reinvent Energy And Utilities sector.

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