Cloud for Utilities announces their second annual Cloud for Utilities Summit to be held November 14th through November 16th, 2018 at the Fairmont Hotel in Washington, DC. Cloud for Utilities is the first organization that is focused on cloud business models and technologies exclusively for the utility industry.
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Cloud for Utilities hosted the inaugural Cloud for Utilities Summit at the Mayflower Hotel in downtown Washington, D.C. This year’s summit focused on pressing industry issues, including, but not limited to: cybersecurity, legal considerations, regulatory and financial issues, the cloud decision-making process, cloud-to-cloud integration, and more.
Cloud has always presented a compelling business case. Not only does it reduce the fixed costs of IT spending, it also introduces potential advantages such as flexibility and scalability. Still, the concern most often asked: how can something enabling so much access be secure?
To bridge their customer engagement “capabilities gap,” utility executives are deploying near-term IT investment strategies with a growing focus on advanced solutions that complement their existing customer service tools, most notably the customer information system (CIS).
Palo Alto Chief Information Officer Jonathan Reichental said the “cloudier” the better with most things. It makes cities more efficient and ready to focus on what’s important, he said. Yet with some utility operations, it’s best to take a cautious, deliberate approach.
“With the influx of big data, the potential of smart grid has shifted dramatically from the original aim of adding a myriad of new devices toward a complete re-invention of the way utilities do business,” said Rick Thompson, President and Co-Founder at GTM Research.