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Friday, 12 July 2024 23:17

Utilities globally prioritise AI to drive digital transformation, but lack of collaboration a key factor preventing 80% from completing journey

Organised data holds the key to successfully adopting AI while improved asset management emerges among top drivers of transformation

COMPANY NEWS: AI is at the forefront of digital transformation in the utilities sector, with 82% of executives recognising it as essential to their strategy. However, despite widespread recognition of the importance of emerging technologies, only a fifth (20%) of companies have completed their digital transformation journey, with respondents split on where ownership should lie (22% reference CFO, while the same percentage cite the CTO).

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