Renewable and distributed energy resources continue to grow at a steady pace. As a result, utilities and power asset owners and operators are grappling with the ability to manage all the new clean technologies coming online in addition to re-evaluating traditional asset management practices. Renewable and distributed energy resources such as wind and solar are intermittent power resources which can create erratic shifts in electric supply and demand.
In what used to be the IDC Life Science Insights team (now part of the broader IDC Health Insights team), we have brought together seasoned industry professionals who are charged with researching and reporting how technology and innovation is driving organizational strategies within the life science industry.
Until 2017, the U.S. payments market had no real-time payment rails while other nations across the globe had already launched various instant payment schemes. In 2019, the prospect of a second instant payment rail, FedNow, was announced by the U.S. Federal Reserve. FedNow, if implemented, will join The Clearing House’s (TCH’s) Real Time Payments (RTP) in the market. The increase in adoption of real-time or faster payments worldwide will force banks to reevaluate their payments infrastructures as well as their fraud strategy.
Government leaders recognize that modernizing the workforce and implementing strategies that empower workers are critical components in transforming the government. Strategic workforce management includes strengthening leadership of human capital systems, developing better human resources processes and capabilities, and enhancing the workforce culture.
The Future of Operations is defined by operations becoming more tightly aligned with the market and customers. A key part…
This blog lists the top 10 worldwide predictions for Worldwide Education. These technology predictions are meant to help the enterprise with strategic planning within a typical five-year business planning cycle.
On May 3rd, 2019, Tendril announced the agreement to acquire EnergySavvy in a strategic move to gain more market share in the competitive utility home energy management space. Tendril’s core offerings have been focused on residential customer engagement products and services, which provide personalized energy efficiency and demand side management products and programs. The acquisition of EnergySavvy brings advanced personalization capabilities to the Tendril Platform.
Before diving into the key actions you can follow to transform your procurement organization, let’s consider a recent scenario I heard from a client. This will give you a better picture of the kinds of problems the key actions provided further in this article can help you tackle.
Over the past two years there has been mounting evidence of the Russians attacking the U.S. utility grid. Recently, the Wall Street Journal provided more specific details about the campaign revealing that hundreds of small contractors were attacked. While the techniques used were not novel, the campaign highlights an increasingly pervasive problem, as the Journal points out: