SEPTEMBER 2017CIOAPPLICATIONS.COM6SEPTEMBER - 12 - 2017UTILITIES SPECIALCopyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Volume 02 - 17Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com Managing EditorJoe PhillipGraphics & ArtJohn ConnorDeclan ColeVignesh KarthigaisamyAssistant Managing EditorClara MathewSenior WritersRoyce D'SouzaLeah JaneRachel ClarkShikha PatraEditorial StaffBen JacksonDaniel HolmesEzra BenjaminJames SmithNaomi DaleAmitav HanzSalesBen Anthonyben@cioapplications.comT: 510.996.5122Mailing Address:ValleyMedia, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.330.5174 *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorialUtilities: A glance at the futureRecently Hurricane Irma devastatingly hit the South-East coast of U.S. with large parts of the Caribbean islands succumbing to the wrath of the Hurricane and remains inundated to this day. In these catastrophic circumstances, it is easy to point towards the energy and power capabilities or the lack of it. CNBC reports, Hurricane Irma has knocked out power to the majority of the state and it may take weeks, not days, to restore power back up online.With climate change expected to be a threat (yes, it is real) for the future, the potential for transformation of the industry is significantly risen. New regulatory structures, technologies, and business models are expected to take root and provide the tools necessary to help manage costs. And the transformation has already been initiated with traditional energy suppliers slowly beginning to adopt a start-up mindset and move into "the world of renewable". The industry is witnessing a change in how legacy companies approach to delivering utility services, with protruding lean on modernizing their operations by establishing dedicated innovation units. Agility and the ability to leverage quick-to-deploy platforms has become a go-to mode for players in the market and therefore, leading to a swollen market condition. Suppliers are getting back to the whiteboard and reinventing key processes such as finance, resource planning, field service support, and asset and supply chain management. Additionally, with drones turning out to be a reliable tool, asset management and automatic generation of work orders has simplified. And as drones become more advanced and adaptable, autonomous drones capable of manual repairs and tasks, doesn't seem too farfetched an idea.While the new age technologies are taking utilities to the next level, new challenges and obstacles remain. But with the right technology partner, navigating the treacherous road that lie ahead, the journey can be one to be savored. And so, CIO Applications brings to you Utilities Special edition primed with notes from thought-leaders and insights from leading companies who are on top of their game. We hope the Utilities Special helps you guide in your future endeavors. And we certainly would love to hear back from you. Joe PhillipManaging Editoreditor@cioapplications.comJoe Phillip
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