Analytics Insights NL - Mar 21st, 2023
 
 
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Editor's Note

Good Afternoon Readers,

I hope all is well! Today's newsletter features some recently published articles around DIY data platform myths, EV adoption forecasting, and a report around cybersecurity challenges.

Happy reading!

-Kevin Praet (Membership Coordinator)

The power and utilities industry is now decades into digital transformation and many digital teams are under increasing scrutiny to determine their business impact. For those who have taken a do-it-yourself (DIY) approach to operational data and digital platforms, quantifying value and justifying complex multi-year investments has been difficult in the face of few adopted, scaled business solutions and increasing cost pressure.
The electric vehicle (EV) industry is growing rapidly and there are many important questions that need to be answered about how such growth will impact the power grid and how utilities can accommodate and manage the load.
The business benefits of digital transformation in grid operations are tremendous, but this progress increases cyber risk to Operations Technology (OT) in the areas of safety, unscheduled downtime, and negative impact on corporate brand.The good news is that there are practical steps utilities can take to enhance the security of their Industrial Control Systems (ICS) environment and effectively mitigate cyber risk today.
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