The utilities industry is changing dramatically as the world embraces planet-friendly fuels and the trend toward electrification moves utilities from value-chain players to the backbone of the energy transition. Consumers and businesses alike are actively choosing low-carbon homes and offices, and they expect greater empowerment and a more sophisticated experience from their energy suppliers.
Gradual decentralization of the energy market is allowing new entities to play an increasingly critical role by offering new services and creating new markets, diverting customer attention away from utilities. New technologies and aging assets compound matters, even as federal governments pledge billions of dollars to modernize infrastructure and make the grid smarter and more self-reliant. With a plethora of point solutions from energy tech companies, utilities are facing a new challenge: delivering a cohesive business value to its customers. Utilities are struggling to balance their fundamental obligations to provide ‘lights on’ reliability against the increasing demand to transform into a new-age energy service provider.
Against this backdrop, Wipro is enabling electric, gas and water utilities to leverage digital and data capabilities to reinvent themselves, streamline and accelerate business performance, deliver a superior customer experience and help them transition to a low-carbon, decentralized, federated energy ecosystem.
As part of its digital journey, South East Water wanted to build a digital information platform utilizing the Internet of Things (IoT), Operational Data Store (ODS) and leverage advanced analytics capabilities to transform its current business processes.
Wipro developed an advanced analytics solution to generate optimized asset order forecasts for different meter types, fuel types, and meter asset providers (MAPs).
Wipro helped the client build a fully automated data analytics platform hosted on Microsoft Azure cloud, and integrated with the existing IT landscape. This provided the client with centralized access to all the data required by OFWAT and the capability to generate an automated report for submission.
Wipro started with a discovery phase that identified the current and future priorities of business stakeholders and analyzed the existing messaging architecture.
Wipro delivered a modern digital experience platform built on Sitecore content management system (CMS) hosted on the Microsoft Azure cloud platform, and fully integrated with the existing IT estate. Placing the customer at the center, we utilized a human-centric approach leveraging our Service Design methodology, which helped our client transform the customer experience through a number of capabilities
Our client set out to achieve multiple high-priority objectives concurrently: Improve customer satisfaction performance relative to its peers in national surveys.
Wipro leveraged its consulting capabilities in Skill and Competency Management, and its deep understanding of the client’s IT ecosystem to select a suitable solution, with all the features needed to comply with CGA’s regulations.
As part of a government-mandated smart meter rollout of roughly 53 million electric and gas meters across Great Britain, our client is responsible for deploying 5 million smart meters for their customers by 2024.
Our client was confronted with a massive business transformation - driven by empowered customers demanding better service and the advent of clean energy-led market landscape
Our client made a strategic decision to grow their energy business by acquiring a company, which was providing in-building solutions to multi-tenant developments.
Our client provides critical ancillary services to enable real estate transactions within its territory. There are multiple products accessed by designated property agents and link brokers for the property in question before the transaction can be closed.
In the competitive drinking water supply market for large business customers, our client’s Wholesale Market Services (WMS) function supplies to Retailers who service their large customers.
While digitization of customer contact centers is a priority for most utilities, developing a contextual roadmap that delivers real business outcomes and maximizes the return on investment (ROI) from existing assets is critical.
Wipro’s SAP implementation allows a large Water Utilities Company to improve customer experience, boost operational efficiency with 100,000 bills produced in ~10 minutes.
Wipro helped UK's Bristol Water transition its managed IT services in 3 months. The outcome was a 27% percent jump in First Time Fix (FTF)
Wipro implements several ‘firsts’ for National Grid to deliver a world class, efficient, scalable Mobile platform of the future.
Wipro helped Yarra Valley Water (YVW), largest water retailer of Melbourne, roll out an “always open” self-service customer portal that offered better access to information and ease of use
Wipro helped Thames Water save £336,000 in costs by rolling out an online customer account management solution.
With power outages that affected 4.5 million homes and businesses, an estimated economic damage of USD 195 billion and many customers facing the prospect of sharp spikes in their monthly bills
The Energy 2020 transition offers companies a compelling opportunity to reimagine their operating model for a different future of fieldwork.
Balancing electricity supply and demand is the primary role of electricity system operators (ESOs). ESOs work to maintain a standard grid frequency at which power system equipment and consumer devices are designed to operate safely
Energy companies are under pressure to deploy flexible, agile, and cost-effective architectures in response to the forces driving the Energy 2020 transition. This will require innovative approaches to architecture that mark a paradigm shift from the past.
Globally, organizations across all industry segments are under pressure to contribute towards long-term sustainability, with focus on reducing carbon emissions. Several organizations have been reporting and declaring their carbon footprint through the Carbon Disclosure initiative.
Australia’s National Electricity Market is undergoing a major change in its settlement process after AEMC announced the 5 MS rule change in November 2017.
In previous articles of Wipro’s Energy 2020 blog series, we discussed the interplay of three major forces – maturing long-term energy trends, collapsing oil prices, and long-term ramifications of the COVID-19 pandemic – and how these events will push energy companies to adapt their business models driven by the evolution of a different energy consumer.
The utilities sector, as with virtually every other industry, is undergoing thorough technical disruption.
The history of the energy industry is marked by key years and events that have altered the industry’s trajectory.
In times of great stress that move people and societies to adapt to new circumstances, businesses that sense the potential inflections in their customers’ lives and boldly prepare for a different future not only survive, but thrive.
Even with a wealth of new engagement tools companies can use to prove value to customers, the utilities industry cannot shake its reputation for offering subpar customer service
Today, utility companies must account for a new influx of multidirectional power flow spurred by an increase in grid-edge power sources such as solar panels, wind farms, and battery storage. This is tricky because utility companies built their infrastructure for unidirectional power flow — the one-way path from generation plants to energy customers
Once, customer service in Energy – from outage reporting to resolving bill disputes to moving homes - was all but synonymous with call centers. No more!
Historically, the utility industry’s customer service has been lacking
Lack of EV charging infrastructure is seen as an impediment for EV adoption which needs to be addressed to alleviate the “Range Anxiety” of EV users, impacting de-carbonization/reduction in GHG contributed by the transportation sector
Over the next decade, breakthroughs in AI, Robotics, IOT and Blockchain are poised to create some of the most transformative and dramatic impact in our industry.
While the utilities industry has been relatively slow in looking at AR, the future does look promising. Digital technology disruptions have created many possibilities to convert challenges into opportunities
To be successful and future ready, the partnership model needs to go beyond the transactional. Adopt the service supply chain by integrating the partner company into the utility business value stream.
When gas pipelines are ruptured by entities involved in excavation or similar activities, it leads to quite the scare.
Utilities are waking up to the need for digital transformation, driven by evolving consumer expectations, millennials who were born in a world powered by mobiles and broadband, deregulations, incentives to improve consumer experience, pressure from technology-savvy non-traditional competition and—this last one is a relief--the lowered cost of digital adoption itself.
Utilities, the lifeline of a modern society is undergoing some of its most effective transformation through technology. Particularly when it comes to distribution and retail. Here's why companies around the world are digitizing their utilities offerings
With changing customer preferences, utilities are striving to become more nimble, versatile and customer-focused to adapt to the shifting requirements of the digital economy.
Energy utilities across the world are undergoing transformational changes caused by the rise of smart sensors, Advanced Metering Infrastructure (AMI), bi-directional grids and an evolving consumer with a digital mindset. It is unlikely that any utility can stay sheltered from the changes being driven by sensors and digital technologies.
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