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Smart Grid & Utility Transformation

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The emerging market forces, impacting global utility landscape, will necessitate accelerated business transformations. One size fits all approach will not work. Instead, utilities should pursue a …

The emerging market forces, impacting global utility landscape, will necessitate accelerated business transformations. One size fits all approach will not work. Instead, utilities should pursue a competent and compatible value-driven approach.

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  • 1. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL1 Smart Grid & Utility Transformation A look at transitioning electric utilities into the 21st century
  • 2. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL2 Smart Grid & Utility Transformation The emerging market forces, impacting global utility landscape, will necessitate accelerated business transformations. One size fits all approach will not work. Instead, utilities should pursue a competent and compatible value-driven approach. This paper presents a broad road-map and ‘the big four’ recommendations that can help realize sustained value with smart grid implementations .
  • 3. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL3 Four Foundational Pillars of Transformation Insights and foresights to enhance enterprise value Integrated customer information to improve brand value and market share Transition from vulnerable to valuable enterprises Transition from reactive to resilient enterprises Data Innovation Customer Centricity Enhanced Cyber Security Strategic Crisis Management
  • 4. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL4 Data Innovation Pursue value based segmentation and prioritization of analytic opportunities Integrate existing legacy reporting & data mining environments Develop a holistic architecture to enable enterprise analytics Establish data governance
  • 5. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL5 Insight & Foresight Asset performance scores Geographical Information Customer profiles & social media data Historical data (Customer + Asset + Work) Customer Centricity Data Architecture, Technology Framework, Integration Tool Set And Agile Methods MobilityFrameworks,Access, Authentication&Personalized Content External & Internal Access
  • 6. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL6 Enhanced Cyber Security Enhanced Cyber Security End-to-end integrated security architecture End point security solutions Smart meter security architecture In-home networks and security extensions Extensions to information technology (IT) security
  • 7. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL7 Strategic Crisis Management Manage stakeholders Manage communications Employ smart work planning, scheduling Transition From Reactive To Resilient Enterprises
  • 8. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL8 Setting the Architectural Framework Evolve component architecture & service Govern technology & partnerships Manage decentralized technology & application Development
  • 9. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL9 Conclusion  Utilities should master the new approaches in data driven innovation and customer centricity to enhance enterprise value.  In addition, cyber hardening and crisis management should be matured to achieve enterprise resiliency and business excellence.  Utilities should recognize the fundamental shift in society and the business environment, and capitalize on emerging technology solutions to improve their market position and minimize operational risks.
  • 10. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL10 For more details please visit the link below: http://www.wipro.com/insights/industry- research/utilities/smart-grid-and-utility-transformation
  • 11. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL11 Wipro set up the Council for Industry Research, comprised of domain and technology experts from the organization, to address the needs of customers. It specifically surveys innovative strategies that will help customers gain competitive advantage in the market. The Council, in collaboration with leading academic institutions and industry bodies, studies market trends to help equip organizations with insights to facilitate their IT and business strategies. For more information on the Research Council visit www.wipro.com/insights or mail wipro.insights@wipro.com About Wipro Council for Industry Research
  • 12. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL12 About Wipro Technologies Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” – helping clients create successful and adaptive businesses. A company recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over 140,000 employees and clients across 57 countries. For more information, please visit www.wipro.com
  • 13. © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL13 Thank You ©Wipro Limited, 2013. All rights reserved. For more information visit www.wipro.com No part of this document may be reproduced in whole or in part without the written permission of the authors. Wipro is not liable for any business outcome based on the views presented in this document. For specific implementation clients should take advise from their client engagement manager.

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