Navigating the energy and utilities sector transformation –
How to gain strategic advantage of modern digital technologies

A new kind of approach

The Nordic energy producers and utilities companies are going through a major business transformation. The transformation is driven by green energy, geopolitical changes, and new regulatory requirements, as well as increasing needs for transparency of the entire value chain.

Instead of trying to navigate through the transformation with legacy IT systems and architecture, the energy and utilities companies should streamline their IT architecture and focus on a few central, collaborative, platform-based solutions.

The shift from a fragmented legacy IT system landscape into a modern platform-based environment requires new kind of thinking and approach in the design process. A business-driven mindset must guide the planning, which is only possible if the business management sits in the driver’s seat during the design process.

While modernizing the technologies, the energy companies should also revisit their operating models – how to run the IT and digital development efficiently to minimize time-to-value. As digital technologies evolve faster than ever, it is crucial for energy companies to keep up with developments.

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