Digital transformation is a process that does not always evolve at desired pace, but it is an impactful phenomenon, promoted at technological, economic and social level, said Mircea-Toma Modran, Chief Information Officer, Electrica. “Digital transformation also serves national or strategic interests. A necessary condition for digitization is the existence of the Internet and broadband data transmission capabilities. This process also applies to utility companies.”

According to Modran, some of the obstacles to digital transformation would be high costs, complexity and difficult use or lack of interest.

DIGITAL TRANSFORMATION CONFERENCE in ENERGY & UTILITIES organized by The Diplomat-Bucharest on May 7th tackled the ways in which digitalization and innovation drive the emergence of a digital utilities business. The urgent need to understand, integrate and get updated with the new technologies is evident for any organization. Big data, meter data, cloud, Internet of Things, omnichanneling, smart metering are not anymore new concepts but daily working tools and the enablers of digital transformation for utilities.

The e-conference benefited from the support of  Gold Partners Siemens, MET, Horwath & Partners, Kaspersky, SAS, Partners Sea One, Wave and supporting institutions ANRE, CIO Council, ANIS (the Employers’ Association of the Software and Services in Romania), ACUE (Federation of Associations of Energy Utility Companies), AFEER (Association of traders with electricity in Romania), ARPEE (Romanian Association for the Promotion of Energy), Romanian National Committee  of CIGRE, ClujIT, World Energy Council.

The e-conferences, powered by The Diplomat-Bucharest, are a brand new media product, designed to deliver easy and fast, directly to the core audience, the valuable insights of senior figures, experts and the most knowns specialists in the strategic industries, to discuss  the most pressing aspects in today’s economy landscape.