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Digital Transformation

Digital Transformation can leverage heavy saving for Energy Companies & Customers

Digital Transformation can leverage heavy saving for Energy Companies & CustomersTechnologies such as AI (Artificial Intelligence) and IoT (Internet of Things), machine learning and big data have seeped through all the industry verticals and today even energy companies are leveraging through savings and greater efficiency. Some of the benefits of digital transformation in the energy sector are faster and better decision making, reduced risk due to real-time enabled support and the greatest risk for companies that do not adopt digital investments is to become uncompetitive. Digital transformation could mean heavy savings for energy companies. Here’s how: Digital capabilities boost operational excellence and help improve profitability to bring about more productive operations. Advanced analytics together with empowered operational data delivers actionable insights using the data generated by IoT and structured as...

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