In recent years, the Power industry has been characterized by change and increasing opportunity. To keep pace, organizations have shifted their investments in capital and operations and maintenance (O&M) projects. Between growing demand in developing regions and stagnation in other countries, new and evolving demands have reshaped how companies approach digital transformation to adapt to new businesses models. Additionally, emerging threats such as covid-19 are forcing companies to adapt in great periods of uncertainty - as many integrated utilities are shifting resources and focusing on core competencies to reduce risk.

Now companies are facing the question of ‘how have my priorities changed and how do take advantage of this new normal’? As the industry’s focus shifts toward renewables and greater regulation, how can companies address this question is paramount. Power Utilities will need to be in position to act quickly once demand returns. In order to fully realize the benefits of forecasted growth – energy, business and societal – companies will need consistently high project performance. That means making better use of capital spend, evaluating and prioritizing many potential projects, and selecting the ones that will provide the most benefit. Then, being able to deliver ALL projects efficiently, and in a way they can be accurately compared to each other.

So how can you tie this all together – digitally transforming your business in a way that allows you to better manage thousands of concurrent projects of all sizes and types – to maximum performance?

Real transformation for your business is closer than you might think. Download this eBook to learn more.

Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.

Hexagon’s PPM division empowers its clients to transform unstructured information into a smart digital asset to visualize, build and manage structures and facilities of all complexities, ensuring safe and efficient operation throughout the entire lifecycle.

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