As organisations within the energy and utilities sector start connecting their assets and adopting IoT solutions, they will quickly realise their digital transformation ambitions, unlocking the capabilities needed to cope with the increasing pace of change.
Given the global call for change sparked by pressing trends such as climate change, decarbonisation, and electrification, businesses within the energy and utilities industry are increasingly facing challenges as part of the ongoing transformation.
Future of cellular IoT
IoT, especially cellular, carries advantages for energy and utility enterprises on a digital transformation journey. Cellular is future-proof, which is key due to the long investment cycle within the industry, requiring extensive planning horizons.
Cellular IoT provides the benefit of addressing multiple use cases simultaneously while at the same time catering to future use cases via future-proofed technologies such as eSIM/eUICC. This provides a unique opportunity for enterprises within the energy and utilities sector to support asset lifecycle management without a need to change their connectivity hardware as new use cases emerge.
However, to unlock the potential of IoT, energy and utility companies still face several barriers that vendors need to address. At the top of the list is the ease of integration and usage, scalability, control, and security.
Partners are key in the transformation journey
To successfully continue to accelerate digitalization and adoption of IoT solutions within the energy & utilities industry, Ericsson and its partners can provide support and facilitate the transformation journey, enabling enterprises to easily deploy, manage and scale their global IoT business from a single IoT connectivity management platform.
Jess Thompson-Hughes, IoT Enterprise Sales Director and Energy & Utilities Segment Business Lead at Ericsson, unpacks how the company is playing an instrumental role within the energy and utilities sector.
Watch the full video interview below.
This interview was filmed in November 2022 at Enlit Europe in Frankfurt, Germany
For more information, you can visit the Ericsson website here – www.ericsson.com/en/industries/energy-utilities
Global IoT cases: https://www.ericsson.com/en/internet-of-things/cases