The Utility and Construction Industries face significant challenges - from maintaining infrastructure, reacting and responding to natural events, increased competitors and deregulation. To survive in this dynamic and demanding environment, organisations must have the ability to record and integrate complex data from numerous sources.
Leveraging Business Intelligence (BI), utilities companies can transform data into actionable insights. Industry 4.0 has created a heightened competitive environment for utilities - rapid innovation in smart metering and smart grids point to an urgent need for real-time business intelligence (RTBI). The implementation of Business intelligence in utilities will greatly improve operational efficiency in a time-sensitive industry. Quick reaction times enabled through real-time visibility, positively impacts profitability.