Transformation on the Energy Market
Digital Approaches in Business Process Management for Overcoming Crises and Increasing Efficiency
The coronavirus pandemic has the world of 2020 firmly in its grip and the shock has induced a state of paralysis. The social and economic impact is already enormous – and assessing what the future will bring is second-guessing at best. Despite the seriousness of the circumstances, dealing quickly with the changed conditions and initiating the right measures (without going overboard) are important actions that must be taken now. In any crisis of this kind, it is particularly important for companies to secure the recovery capability and resilienceof the organization.
The entrepreneurial function of business process management (BPM) is especially critical in such an instance. Process digitalization and automation are two means of creating transparency and providing support to overloaded or impaired processes.
Detecon has specific project experience in the areas process digitalization and automation in the energy industry. Do not hesitate to contact us for more information.
Challenges in the course of energy transition
Digitalization, deregulation, and decarbonization 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 transition and digitalization confront the electricity, gas, and oil industries to an equal degree with significant challenges. Energy providers are struggling with declining profit margins and significant cost pressures as well as changes in consumer behavior. They face the task of driving forward with their reorientation – a situation similar to that for media and telecommunications companies in the recent past.
The energy industry is, therefore, facing a two-pronged challenge: not only must it deal with the energy transition, but at the same time go through the process of digitalization. Energy providers are feeling pressure on two fronts; while their core business is changing radically, new players from outside the industry are entering the market.
How can energy providers themselves actively direct transformation and take advantage of digitalization as an opportunity in their three core issues: better interaction with customers, new business models, and process improvement and transformation in the core business? Changes in the work culture are always a prerequisite for success as well.
Energy 4.0: Digitalization and energy transition are forcing changes in the energy industry of a scope never seen before.
Digitalization and cost pressure and the transformation from asset to service business models are creating many and varied fields of action for energy providers.
Various developments – from blockchain to e-mobility to necessary changes in work culture strongly impact the energy industry.
The digitalized distribution network
Shaping the energy transition with Internet of Things (IoT)
Distribution network operators are facing unprecedented changes due to increasing digitalization as well as the energy transition. Internet of Things (IoT) will be an essential component in the future energy world, networking physical objects and ensuring interaction on a digital, virtual basis. Typical IoT use cases require end-to-end solutions; from collection and storage of usage data to analysis and interaction. Furthermore, the evaluation of the facilities’ status information can lead to an efficiency increase or new sources of income. Detecon has many years of project experience in this future-oriented field of technology. Our industry-specific IoT expertise will support you from strategy to implementation at all levels.
IT Security Act 2.0
Strengthening the cyber security of CRITIS companies
The German Cabinet has approved the draft of a "Second Act to Increase the Security of Information Technology Systems" (IT Security Act 2.0). Under the IT Security Act 2.0, operators of critical infrastructures (CRITIS) will in future be required, among other things, to deploy systems for detecting attacks within their IT structure in order to increase their protection against hacker attacks. In addition, the IT Security Act 2.0 provides, among other things, for a significantly increased fine framework for violations and expands the powers of the BSI.
The additional requirements also apply to energy companies, and should be implemented promptly. A major IT challenge here is the use of a monitoring system that collects log data from the various infrastructure components and automatically detects and reports attacks through filtering and correlation. This is the only way to quickly initiate countermeasures and prevent unauthorized access to IT systems. One technical solution is the use of a Security Incident & Event Management system (SIEM). To support attack detection ("Detect") and defense ("Respond"), it is also possible to integrate the SIEM into a higher-level Security Operations Center (SOC).
For the design and implementation of a monitoring system, there are various questions that need to be answered before implementation:
- What is the monitoring strategy and how does it fit into your company's IT security strategy?
- Which assets are present in both IT and OT and which should be part of a monitoring system?
- What are the possible detection scenarios for the monitoring system?
- Will the implementation and operation of the system be done inhouse or will the operation of the system be outsourced to an external service provider?
- How will the system be integrated into the IT infrastructure?
Do you have questions about the implementation of the requirements from the IT Security Act 2.0 or do you need support in the preparation and design of a monitoring system? Detecon's IT security experts in the energy industry will be happy to support you in your project!