Energy and Utilities

The utility industry is rapidly evolving. Increased competition and complexity, changed customer demands and stronger expectations on renewable energy options are challenging companies. Can the Nordic utility sector use AI, data and analytics to gain a deeper understanding of customer needs, improve demand planning, and enable a smarter infrastructure?

This sector is surrounded by challenges; the world is looking for new energy sources and everyone's focus is on increased sustainability, while oil and gas prices are volatile. It’s a strong imperative to make fundamental changes. AI and analytics are critical to succeed with digital transformation and essential parts of the modernization journey.

As European businesses assess the wreckage of the pandemic, the region seems more ready than ever to grasp the opportunities offered by digital tools and techniques and their role in the future of work, according to our recent Work Ahead study.

Learn how 33 organizations across industries are accelerating decision making, improving business processes, enhancing user engagement, reducing costs and driving growth and profitability.

A new study by Forrester points to the potential of strategic enterprise IoT to transform operations and boost performance. Learn more about the key findings.

Accounts payable processes are excellent candidates for automation. Reengineered processes, combined with AI and intelligent automation, can minimize costs, create efficiencies and improve compliance. These are the three key levers needed to succeed.

More businesses are moving to the cloud, especially so due to the new landscape shaped by Covid. However, concerns about complexity and security are slowing down cloud migration. With these six parameters, enterprises can ensure they orchestrate an effective and accelerated cloud migration.

IoT initiatives offer enormous opportunities for companies to adapt and remain resilient in a rapidly evolving operating environment, like the one we are currently experiencing. However, many IoT initiatives are trapped in the innovation basement, while it should really be an enterprise matter. Learn more in this whitepaper.

Torgeir Brovold, Head of the Energy Sector at Cognizant Norway, recently hosted a session at the digital Smartgrid conference. The focus was on digitalization of the energy industry and obstacles and opportunities linked to turning available data into valuable insights. Here are some of the matters discussed.

Even before the pandemic, work in all its forms was poised to change. Now, the future-forward script for businesses has crystallized: flexible, dataintensive and digitally oriented ways of working will be indispensable. Learn more in a new survey.

Monitoring and maintenance of components in spread-out electric distribution networks, is a cumbersome and expensive task for utilities. A self-service AI driven applications helps this company analyze drone-captured images, a solution that saves both time and money.

Automating high-volume, low-value and repetitive tasks for this Norwegian energy player, not only boosted its productivity. The new AI-powered Virtual Assistant also helped increasing user satisfaction by 60%.

The world’s wild fish stocks are depleting at a rapid pace. The growing demand for high quality protein sources catalyzes need for increased operational efficiency and quality in wild and farmed fisheries. Economic yields and total cost of production are largely dependent on fish health and cost of feed. Are large-scale sensor deployment, IoT and big data platforms all part of the answer to sustainable fish production?

How can startups with a sustainability agenda team up with big players, and vice versa, to speed up market entrance? Bright Sunday, Minesto and SJ were among the speakers at the Cognizant-Stockholm School of Economics event Snapshot Talks: Unite for Good.

During Snapshot Talks: Unite for Good (a co-hosted event between Cognizant and Stockholm School of Economics), Stena Recycling, Vattenfall and Axfoundation shared their inside stories on how to realize sustainability effects at scale. 

The rules for global business are changing at the fastest pace since the 19th century industrial revolution – and the combination of digital and renewables will massively disrupt the energy sector. Obstacles only, or new opportunities? Well, it depends.