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The utility of the future
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The utility of the future

Guest/partner contributor
Posted on: 29 March 2023

Energy generators and transmission and distribution companies face a landscape experiencing unprecedented change.

Image Credit: Big Stock Photo

Energy generators and transmission and distribution companies face a landscape experiencing unprecedented change.

By 2040, global demand for energy will have risen by 30%. At the same time, the shift to renewable network generation, coupled with distributed local and domestic generation from solar and wind, is transforming demand profiles.

To survive, utilities must embrace diversification, new business models and achieve, with the right operational visibility, asset management strategy and a service-centric mindset.

About the company

IFS develops and delivers cloud enterprise software for companies that manufacture and distribute goods, build and maintain assets and manage service-focused operations. Our industry-specific products are innately connected to a single data model and use embedded digital innovation so our customers can be their best when it really matters.

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