Utilities globally prioritize AI to drive digital transformation, but lack of collaboration a key factor preventing 80% from completing journey
Organized data holds the key to successfully adopting AI while improved asset management emerges among top drivers of transformationLondon, UK, July 9th, 2024 - AI is at the forefront of digital transformation in the utilities sector, with 82% of executives recognizing it as essential to their strategy. However, despite widespread recognition of the importance of emerging technologies, only a fifth (20%) of companies have completed their digital transformation journey, with respondents split on where ownership should lie (22% reference CFO, while the same percentage cite the CTO).