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Jul 08, 2020

New Report Reveals the Greatest Challenges Utilities Face

BY Atonix Digital Team

Atonix Digital Experts: “Regulators Should Be Top of Mind”

 

Black and Veatch recently released the 2020 Strategic Directions: Smart Utilities Report, which captures responses from over 600 utility stakeholders regarding the major challenges they face.

Overwhelmingly, utilities are concerned with regulators. Brand-new mandates for environmental sustainability, cybersecurity and physical security are driving stakeholders to adopt robust risk management solutions powered by IoT technologies. In fact, nearly half of all respondents already have a risk management system in place.

However, innovation also brings hurdles to overcome. In fact, of those surveyed, most are concerned with:

  • Improving reliability 72.5%
  • Asset management 49.5%
  • Improving resilience 48.6%

Download and  see page 45 of the Smart Utilities Report for more data that reveals the core challenges utilities face, as well as solution-focused insight from global leaders in risk management. Trust Atonix leaders Matt Kirchner, Director of Product Management, and Paul Bowman, Product Director, to guide you toward industry trends worth taking into consideration at your organization.  


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