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Company Insights
Iberdrola SA – Digital Transformation Strategies
Iberdrola is employing big data and advanced analytics as a part of its digital transformation strategies. The annual ICT spending of Iberdrola was estimated at $979.9 million in 2021. A major share of this spending is earmarked for acquiring software, hardware, and network communications from vendors. Iberdrola is an energy utility company that constructs, operates, and manages power generation plants, transmission and distribution facilities, and other assets. The Iberdrola digital transformation strategies report will act as a reference point to...
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Analyst Opinions
Utilities 2.0: how digitization and decentralization are unlocking new possibilities in power
Emerging technologies are breaking paradigms in the power sector with improved asset management, smart processes, optimal power generation, transmission, and distribution as well as enriched customer experiences. They are enabling power companies to sustainably generate electricity while curbing expenses to make profits. The manufacture of industrial assets has been in play for a while now in the power sector and recently emerging technologies such as 3D printing, IoT, and AI are enabling the development of highly resilient parts, intelligent boilers...