65% of electricity companies will unlock 35% installed capacity with technology?
Utility enterprises are transitioning from a delivery-focused role to one that orchestrates data and services. By 2025, we expect that a large number of industry players will derive revenue from services and energy data.
Enterprises in the utilities industry need flexibility services to optimize their load potential. 75% of critical utility assets will be digitally connected to predict and prevent equipment failure and prescribe the best maintenance options to optimize and extend the asset life-cycle by 2023.
Utility companies in 107 countries innovate with SAP solutions
Utility companies in the Forbes Global 2000 are SAP customers
U.S electricity will be generated by renewable sources by 2050
Estimated annual economic loss in the U.S from avoidable power outages
Business challenges in utility industries
Scattered system landscape
Market demand and production capacity reconciliation