Challenges in technology to meet needs of the Utility Industry
In one word – simplification. There are multiple streams of activities which are making IT more complex than ever. Most IT vendors have adopted a new upgrade cycle which refreshes software multiple time a year. New software and hardware solutions are coming out at the same rapid pace. Security continues to become more complex with cyberattacks and the need to protect our companies. In addition, the advancement of social networking, cloud computing and the continued expansion of mobile technologies continue to change the landscape for how IT is managed. While the cloud promises improvements and benefits, upgrade cycles have moved from once every three years to three times per year. With all of this change IT must simultaneously maintain legacy systems, support business growth and leverage the new technologies.
To me, IT has more to do than ever with lower budgets and resources, so my expectations are for vendors to drive simplification. They must all deliver solutions that are simpler to implement, manage and maintain. Solutions from different vendors must work together and operate without issues. I believe the vendors who have products that deliver this simplicity will be the most successful for the Utility industry.