2014 Outlook on power and utilities
My take: By John McCue
Leaders across the power and utilities industry have weighed in on the strategic, financial, and regulatory constraints that are challenging the traditional economic models of our industry. However, it is also worthwhile to step beyond these challenges and highlight some of the technological advancements that can pave the way to future solutions.
John's key takeaways:
- New technologies will play a key role in 2014 and beyond
- Shale production advancements cut costs for power and utility companies
- In-memory database technology combined with smart data enables advanced analytics
- Advanced nano-engineered materials create efficiencies across the value chain