Digitalization, deregulation, and liberalization are the forces impacting the energy market and changing the basic conditions for the generation, distribution, and utilization of energy. Political and technological developments under the banner of the energy turnaround confront the electricity, gas, and oil industries to an equal degree with significant challenges. Energy utilities are struggling with declining profit margins and significant cost pressures. Owing to changes in the general legal structures, they face the task of driving forward with their reorientation – a situation similar to that for telecommunications companies in the recent past.
Innovation and Digital Transformation
More than ever before, energy utilities must prove that they are capable of innovation, break up the logjams in investments, and find replacements for disrupted value chains. Consolidation measures are needed to review classic financing models, to minimize procurement and trade risks, or to harmonize system landscapes, just to mention a few areas of action. Customer orientation, a high level of service quality, and adaptation to technological developments are other important subjects. In many cases, strategic, procedural, and organizational changes cannot be sustainably implemented without close meshing with ICT.
New Business Models and Strategic Growth
The energy industry of the future will be digital and no longer analog. The transformation offers opportunities: “smart” energy solutions and technologies heighten customer satisfaction and loyalty. Cost reductions create the breathing room for investments, the adaptation of processes and organization make corporate structures and procedures leaner, and the development of new business models (virtual companies, partnerships) ensure sustained, strategic growth in the digital age.
Sustainable Added Value for Energy Utilities
We have had years of experience from extensive transformation projects in the areas of finance, HR, IT, purchasing/procurement (cost cutting), and partner management. Our comprehensive knowledge of the markets, specific solutions, and high-quality technical expertise help our clients to optimize their business for the energy market of the future. Quality, dependability, and sustainability are the outstanding characteristics of our consulting services – from strategic concept to successful realization of the transformation.