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Supply chain visibility in the energy and utilities industry

IBM Big Data Hub

For the energy and utilities industry (E&U), time is not on their side. Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases. Visibility.

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Will generative AI make the digital twin promise real in the energy and utilities industry?

IBM Big Data Hub

Generative AI and digital twin use cases in asset-intensive industries Various use cases come into reality when you leverage generative AI for digital twin technologies in an asset-intensive industry such as energy and utilities. Consider some of the examples of use cases from our clients in the industry: Visual insights.

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Harnessing AI and data analytics can make clean energy more viable

IBM Big Data Hub

As a result, the electric power industry is hastening efforts to reduce environmental impact. To assist utility companies, IBM has created the Clean Electrification Maturity Model (CEMM) in conjunction with the American Productivity & Quality Center (APQC). The latter can also help drive efficiency by lowering end-user energy use.

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6 climate change adaptation strategies every organization needs today

IBM Big Data Hub

This situation increases the need for businesses to adapt their sustainability strategies to address climate change issues. When lumbermills were shuttered during the 2023 Canadian wildfires, the limited availability and higher price of lumber was particularly hard on the housing industry across North America.

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AI this Earth Day: Top opportunities to advance sustainability initiatives

IBM Big Data Hub

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.

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European cooperation on flexibility to accelerate the energy transition

CGI

European cooperation on flexibility to accelerate the energy transition. Early in September, we invited a number of our clients from around Europe to participate in a roundtable discussion on energy flexibility. Current energy pricing has little headroom to incentivize consumers to engage in flexibility. kathy.jacquay@….

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Next-gen, real-time data exchanges will power the energy industry

CGI

Next-gen, real-time data exchanges will power the energy industry. Now in its eighth year, the event brings together global energy experts and influencers to debate and discuss the future of central market operations. sonya.balasubr…. Wed, 05/01/2019 - 22:32. brings this pressing issue to the fore.