- 5G is helping the power and utility sector to better automate some of its legacy systems, infrastructure, and processes.
- 5G will continue to play an important role in helping the utility sector transition to smart grids and drive the industry into new operating models.
The power and utility industry was always a slow adopter of technology, but an old industry is beginning to embrace new ideas as part of the digital transformation journey. There are many changes behind the scenes. This is driven by smart grids, access to customer data, new regulation, and dramatic changes to the global energy market, and it encompasses power generation and distribution, a myriad of new competitors (brought on, in part, by new regulation), diversification, and increased usage of alternative energy. There are also dramatic changes among consumers. Major consumers of energy such as data center operators are pledging carbon neutrality. To better compete, utility companies need to transform. Business objectives like speed to market and operational agility need to balance a strong security posture with regulatory compliance. As a new technology, 5G has been at the forefront of helping utility companies to lower operating costs, consolidate legacy environments, and be more responsive to the emergence of new market realities. Continue reading “Digitizing Power & Utilities with 5G”