Sep 6, 2016: SAP together with its partner AbacusConsulting organized Utilities Info-Day at Pearl Continental Hotel, Lahore on 6th September, 2016. The aim of this session was to communicate new ideas and operations excellence to run Utilities simple and better. The session started with the address of Mr. Miguel Gasper, Head of SAP EMEA Utilities followed by customers and partner presentations.
Mr. Abbas Ali Khan, Managing Director AbacusConsulting explained the impact of digital economy and digital disruption on transforming utilities. He stressed upon the fact that the transformation drivers in this sector such as decarbonization, deregulation, decentralization and energy efficiency are leveraging the Internet of Things (IoT) and are calling for newer business models. Hence, utility companies must synchronize and collaborate with the digital companies to deliver stable, affordable, clean and reliable electric energy.
Mr. Arshad Iqbal, Executive Director AbacusConsulting emphasized on the changing trends in utility industry and the need to adopt the emerging trend of ‘Digital Energy Network’ which is impacting the new structures of power generation, transmission, distribution, and retail. He also explained that the key for utilities to win in the digital community is to lead reinventing and digitizing the business, digitize engagement with customers and partner with market participants to achieve economies of scale.
The participants exchanged their views on the current situation of the utilities sector in Pakistan and the extent of digitization required in it. It is hoped that ‘Run Simple Run Live – Simplify Utility’ Info-Day will prove critical for future technological advancement in the utility sector of Pakistan and will bring a wave of innovation in the industry.