The year 2020 is a turning point for the utilities industry, with the rise of robust digital technologies entering the market. Utilities across the globe are adopting digitalized solutions for meeting the needs of the rapidly-evolving transmission and distribution space. Integrating innovative digital business solutions designed for modernization and enhancement of energy sector are pushing the boundaries of productivity. Organizations are increasingly collaborating with robust services companies to invest and innovatein strategic solutions that will augment their journey toward a more digital, distributed, and optimized grid. As a result, the businesses are clearing a path toward new value streams and facilitating a broader range of choices for the customers.
It is no secret that the last few years have been challenging for the utilities sector. A combination of roadblocks, including regulatory pressure, complex operations, and unstable consumer dynamics, are significantly impeding the growth of organizations. The rise of renewables is impacting electricity demand, making it imperative for companies to invest in grid reinforcements. Also, with the proliferation of distributed energy resources (DER), traditional distribution efforts are changing continuously.
Despite these changes, customer expectations keep on growing, and to cater to this, transmission and distribution businesses must adapt accordingly. Also, as mass adoption of electric vehicles (EVs) looms on the horizon, the demand growth is changing, and so is the pressure on grid stability. To effectively manage this change, utilities businesses are incorporating the latest technology into their every asset, operation, and interactions, thus transforming their businesses into intelligent, digital-based enterprises.
To assist utilities businesses in the task of finding accomplished transmission and distribution consulting/services companies, we have compiled this issue of Utilities Tech Outlook. It is elaborately crafted to assist you in fostering productive partnerships and improving performance. In this edition, we have listed the top 10 transmission and distribution consulting/services companies to highlight those making significant contributions to the utilities sector. Equipped with innovative technological capabilities, these transmission and distribution consulting/services companies are set to transform the landscape. This edition also blends through thought leadership from subject-matter experts, CIOs, and CXOs, with real-life stories on how the service providers have enhanced the capabilities of their clients. We hope this issue of Utilities Tech Outlook helps you build the partnership you and your organization need to foster a workspace driven by robust and efficient technology.
We present to you Utilities Tech Outlook’s, “Top 10 Transmission and Distribution Consulting/Services Companies – 2020.”