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Enhanced Customer Experience through Digital Energy Transformation Creating Growth Opportunities
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Investment in digital technologies is booming across all industries, including power generation. This research aims to identify the generators industry’s current use and future decision-making trends toward digital transformation. A recent Frost & Sullivan study found that 99% of businesses are at a particular digital transformation stage. Technologies such as data accessibility and gathering, remote monitoring, and predictive maintenance are digital transformation examples impacting the generators industry. This report tracks the industry’s transformation and seeks to identify future opportunities to use digital technologies further. Frost & Sullivan is confident that digital solutions offer great promise for new business models, expanded access, improved outcomes and efficiency, and, ultimately, more significant value to all stakeholders.The study predictions apply to the global generators market. Frost & Sullivan predicts digital transformation in the energy industry to evolve from an IT industry offering primarily billing systems and services paralleling the market's growing incorporation of advanced technologies, such as analytics, cybersecurity, and integrated energy efficiency solutions.
One of the largest challenges in the generators industry is the continual need to provide customized solutions, sales, and services. With the power to improve the customer experience, the new technology adoption trend feeds directly into this pain point.
The study predictions apply to the global generators market. Frost & Sullivan predicts digital transformation in the energy industry to evolve from an IT industry offering primarily billing systems and services paralleling the market's growing incorporation of advanced technologies, such as analytics, cybersecurity, and integrated energy efficiency solutions.
Author: Lucrecia Gomez
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