Lead with a successful data and analytics strategy in Energy and Utilities Sector to enable business innovation
Robust data and analytics capabilities are a top priority for Energy & Utility sector (including Oil & Gas) CIOs. These capabilities enable in optimizing processes for efficient use of renewable and non-renewable resources. Advances in machine learning and AI immensely benefit R&D in this sector and enable differentiation in a world of cut throat competition.
Customer experience is another area where advanced analytics is increasingly being used to offer better products and services to clients. This gives an opportunity to both the company and its customers to participate in conservation of natural resources.
It is essential that CIOs craft their data and analytics strategy with a focus on business domain to help accelerate the value derived from these initiatives. Embracing the latest technology advances through a structured roadmap for their data and analytics initiatives is a top priority for these organizations.