IOT PLATFORMS AND CORPORATE DATA
The transformation of the Energy & Utilities sector is driven by the new business architectures based on open IoT platforms, integrated with a wide variety of sensors, appliances, devices and plant components. These, in turn, enable the implementation of new, mission-critical business applications such as energy management, demand response and energy flexibility, generation from renewable energy, management of distribution assets, microgrid management, smart metering, smart grid and much more. IoT platforms integrate business applications, company data lakes and customer front-end applications seamlessly, thereby offering a comprehensive set of tools to transform company architecture.
The integration of these platforms in the renewed company architectures allows them to establish themselves very quickly in the new scenario of the Energy & Utilities market. Open IoT platforms are ready to be customised and have evolved to help differentiate the offer, business models and business processes from competitors, reusing investments between different use cases and minimising operating costs for each business application.