A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Disruptive Innovation in Utilities
The power utility business is constantly exposed to regulatory constraints, policy changes, varying economics, technology and customer preferences. In order to exist in this competitive market, utilities need to facilitate uninterrupted power supply with efficient load distribution and minimize downtime with timely maintenance. The rapid growth in IoT, robotics and connected technologies are forcing traditional power utilities and industry participants to adapt, or be outpaced by strong new entrants possessing the benefits by these technological advancements. This paper proposes solutions to utility applications using disruptive technologies by highlighting specific use cases such as transforming customer experience by leveraging power of edge computing, quantum computing, robotics, cost effective maintenance of assets using image analytics, enhancing workforce efficiency by using augmented reality and virtual reality etc.
Disruptive Innovation in Utilities
The power utility business is constantly exposed to regulatory constraints, policy changes, varying economics, technology and customer preferences. In order to exist in this competitive market, utilities need to facilitate uninterrupted power supply with efficient load distribution and minimize downtime with timely maintenance. The rapid growth in IoT, robotics and connected technologies are forcing traditional power utilities and industry participants to adapt, or be outpaced by strong new entrants possessing the benefits by these technological advancements. This paper proposes solutions to utility applications using disruptive technologies by highlighting specific use cases such as transforming customer experience by leveraging power of edge computing, quantum computing, robotics, cost effective maintenance of assets using image analytics, enhancing workforce efficiency by using augmented reality and virtual reality etc.
Disruptive Innovation in Utilities
Lect. Notes Electrical Eng.
Pillai, Reji Kumar (editor) / Singh, B. P. (editor) / Murugesan, N. (editor) / Chaudhary, Prakhar (author) / Dalal, Tanmay (author) / Rawat, Sanjay Singh (author)
2022-05-28
8 pages
Article/Chapter (Book)
Electronic Resource
English
Internet of things (IoT) , Compound annual growth rate (CAGR) , Information technology (IT) , Artificial intelligence (AI) , Edge computing , Quantum computing Engineering , Power Electronics, Electrical Machines and Networks , Measurement Science and Instrumentation , Energy Policy, Economics and Management , Cyber-physical systems, IoT , Professional Computing , Circuits and Systems , Energy
Disruptive Innovation in Utilities
| TIBKAT | 2022
Green Space - We need disruptive innovation
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