For today’s utilities, managing strategic planning, IT agility and compliance transparency - as well as reducing IT costs - is increasingly complex.
The rise of decentralized and renewable power generation, customer expectations for value-added services such as energy efficiency, increasing regulatory performance expectations and reducing the cost of legacy systems are just a few of the IT transformation challenges facing utility companies.
In the old days, utilities were fairly simple to manage; you built a plant, generated power on demand and you sent it along transmission and distribution wires to your local customers.
When the wires stretched too far and the electricity supply could not keep up with demand you built another plant to serve your growing customer base. Customers paid your prices and any downtime – though inconvenient – was accepted.
Today, electricity is as essential to life as food, water and air. Doing without lights, heating, air conditioning, computers and TV is considered anathema in modern societies. At the same time, burning noxious fuels and polluting the air water in order to provide electricity is increasingly unpopular.
This has given rise to a diversification of supply coming from cleaner sources – hydro, solar and wind mainly. Many of these supply sources do not belong to any particular utility; some are privately funded, some are owned by cities, and an increasing amount are owned by commercial and residential customers as they seek to take greater control of their energy decisions. This supply has to be integrated with the power supply of a local utility – identified, managed, controlled as part of a utility’s overall business strategy.
The new diversified and distributed generation business model requires complete alignment between enterprise IT and business if energy companies are to improve the integration of these resources in a manner that increases reliability and customer satisfaction.
How will the IT organization support the business in the transition to the new distributed energy economy, while faced with the reality of flat and or declining IT budgets?
The ideal way to address these is to gain a single view of your enterprise IT in order to better align your IT portfolio with business strategy. Software AG’s Digital Business Platform enables you to overcome these strategic IT planning hurdles and turn your architecture into a cost-efficient, responsive and agile enabler of digital business.
Using Alfabet, the platform’s Enterprise Architecture (EA) and IT portfolio management tool, you can gain instant visibility into your entire IT portfolios and understand capabilities and dependencies that map to current and future business requirements.
Alfabet allows your utility to take back the power – the power to build integrated IT portfolios to maximize business return, while simultaneously managing risks. With Alfabet, you’ve got the power.