Scalable IT Platforms in the Energy Industry

Digitization, new business models and higher process volumes are turning the energy industry upside down. IT systems will therefore have to become radically more flexible. Scalable IT platforms with maximum mobility and maximum cost efficiency do just that for the energy market of the future. 

Increasingly decentralized structures, real-time market speed, exponential increases in data volume and technological quantum leaps every minute: for energy suppliers, competitive and cost pressures have also been increasing for some time, and the demands on IT architectures are thus becoming ever more complex. The energy transition ushered in the era of the agile energy market, where change and ongoing new requirements became the norm in terms of processes and technology. Many energy supply companies are therefore on the lookout for new suitable concepts and the associated IT solutions.

For the fragmented energy market with more and more market participants and new, digital business models, utilities need a completely new way of thinking. The basic tenor of the industry here is: Only with reliable partners and a new type of information technology can the course be set for smooth digitization in the energy industry. This is because in the rarest of cases, energy supply companies have the necessary know-how and resources to familiarize themselves with the subject matter in the long term and to drive forward the corresponding innovations.

The means of first choice with a promising approach here are modular, cloud-based platform solutions with different characteristics, tailored to the respective market roles. In addition to core IT functions and energy-specific basic functions, such IT platforms should cover all essential role-specific tasks - and do so in compliance with all regulatory and statutory framework conditions. From this, utilities can flexibly serve themselves according to their market role  and their specific needs, adapt solutions by configuration or even have them newly developed - as opposed to having to take care of everything themselves, as has been the case in the past, or buying complete solutions that do not fit very well.

This helps energy suppliers to focus on their core business. At the same time, it is possible to introduce new digital business models and products that they would not be able to realize so quickly on their own.