-
Company Insights
PG&E Corporation - Digital Transformation Strategies
PG&E Corporation Digital Transformation Strategies Overview PG&E has been focusing on using artificial intelligence, the Internet of Things (IoT), cloud-based applications, and big data to digitally transform its operations. The annual ICT spending of PG&E was estimated at $823.6 million for 2024. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. PG&E Corp (PG&E) is an energy holding company. It generates, transmits, and distributes electricity. The company produces power using nuclear, hydro,...
-
Company Insights
Nexans - Digital Transformation Strategies
Nexans Digital Transformation Strategies Report Overview Nexans has been focusing on using AI, machine learning, big data, IoT, digital twins, 3D printing, cloud, data centers, cybersecurity, and electric vehicles to digitally transform its operations. The annual ICT spending of Nexans was estimated at $378.0 million for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Nexans is a French company engaged in the design and manufacturing of cable systems that...
-
Company Insights
Schneider Electric - Digital Transformation Strategies
Schneider Electric Digital Transformation Strategies Report Overview Schneider Electric has been focusing on using AI, big data, IoT, cloud, 3D printing, data centers, batteries, blockchain, automation, connectivity, cybersecurity, fintech, electric vehicles, and robotics to digitally transform its operations. The annual ICT spending of Schneider Electric was estimated at $768.9 million for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Schneider Electric is a multi-national industrial technology company. It produces...
-
Company Insights
Equinor ASA - Digital Transformation Strategies
Equinor ASA Digital Transformation Strategies Overview Equinor is utilizing AI and machine learning to enhance its operational and supply chain efficiencies. AI, big data, cloud, robotics, and IoT are among the key technologies under focus for the company. The annual ICT spending of Equinor was estimated at $884 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It...
-
Company Insights
Marathon Petroleum Corp - Digital Transformation Strategies
Marathon Petroleum Digital Transformation Strategies Overview Marathon Petroleum Corp. (Marathon) is focusing on cloud-based technologies for its digital transformation. The annual ICT spending of Marathon was estimated at $946 million for 2023. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. Marathon is an integrated downstream energy company, that has 13 refineries across 12 states in the US and supplies gasoline and distillates to resellers across the US. The company distributes refined...
-
Company Insights
Petroliam Nasional Berhad - Digital Transformation Strategies
Petronas - Digital Transformation Strategies Overview Petroliam Nasional Berhad (Petronas) is leveraging AI and big data technologies as a part of its digital transformation strategies. The annual ICT spending of Petronas was estimated at $489 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Petronas is an integrated energy company engaged in exploring, developing, and producing crude oil and natural gas. The company’s business segments include upstream, downstream,...
-
Thematic Analysis
Internet of Things (IoT) in Energy - Thematic Intelligence
Internet of Things (IoT) in Energy Thematic Report Overview The Internet of Things (IoT) can create a tech ecosystem that addresses many challenges within the energy sector such as balancing supply with demand, workplace safety, integrating renewable energy into the grid, and fluctuating energy prices. For instance, the predictive maintenance capabilities of IoT can significantly transform the energy sector by optimizing operations, managing asset performance, and engaging customers to lower energy costs. The energy sector has already reaped benefits from...
-
Sector Analysis
Electrical Substations in Utilities 2.0 - How Tech is Driving the Sector Innovation
Electrical Substations in Utilities 2.0 Report Overview The electrical substations in utilities 2.0 research report provides insights on the patent landscape, the latest news, partnerships, and company filings. The report will help to understand key disruptive forces in the power & utilities sector as it explores the emerging, accelerating, and maturing innovation areas with disruptive potential in power & utilities, along with the key players. Key Technologies ·      Digital Twins ·      AI and ML ·      Communication technologies ·      Smartification of...
-
Sector Analysis
Switchgear in Utilities 2.0 - How Tech is Driving the Sector Innovation
Switchgear in Utilities 2.0 Report Overview Over the last couple of years, there have been some developments happening for Switchgear and its sub-assets when it comes to implementation of emerging technologies. For instance, there are product launches for new types of switchgear and related solutions from Hitachi, Zuken, a Japanese electrical and electronic design and manufacturing company, and Schneider Electric with a focus on Digital Twins and Remote and Predictive Maintenance. On the other hand, ABB is more focused on...
-
Thematic Analysis
Metaverse in Energy - Thematic Intelligence
Metaverse in Energy Thematic Report Overview The metaverse is an important theme for the energy sector because technologies such as digital twins, VR, and AR can add real value in industrial environments. Firstly, energy companies rely on a vast range of industrial assets, and digital twins can support the predictive maintenance of these assets and monitor their performance. AR-based remote assistance solutions can also improve the efficiency of maintenance work. Secondly, employees need to be trained safely and effectively, and...
Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.