enu companies meet uncertainty with technology

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ENU Companies

Meet Uncertainty

with Technology

Wipro Future of the Industry Series:ENU


ENU Meet Uncertainty

with Technology

Oil and gas companies today want faster

returns on their investments and reduced

risks. Utilities, meanwhile, are layering

value-added services onto their offerings

and aligning themselves closer to the

customers

In this Future of Industry series article, Wharton

management professor Witold Henisz &

Wipro’s senior VP, Anand Padmanabhan,

explore the opportunities and challenges

ahead.


New Geographies & Technologies Boost O&G

In new markets, oil and gas companies face more uncertainty about regulations

and local acceptance for reserve exploitation. They need to recognize that local

governments may not have the regulatory capacity and expertise

Companies have crossed boundaries into new geographies where production and

consumption occur, and it has changed in terms of consumption patterns & how

energy sources are exploited


Renewable Fuels: Promise amid Uncertainty

Many observers think renewables will account

for 20%-30% of total energy supplies in 15

years.

Alternative Energy : After drop in prices of natural gas

Nuclear Power: After the Fukushima nuclear disaster

PROMISE

UNCERTAINTY


Energy: Emerging Solutions

Remote (or digital) management of oil rigs

Cloud technology

Data Analytics

Standardization of IT

Social media networks to connect with people who have the skills


Utilities: Navigating into Troubled Waters

• Heavily regulated globally across pricing, investments, health and safety, green technologies

• Widening middle order, with intermediaries in transmission and distribution.

Regulators

• Demanding fuel choice, energy efficiency and access to devices like smart meters and home energy-management devices

• Asking the utilities to analyze and manage data, and to suggest usage and pricing options

Customers

• Offer premium, value-added services such as wastewater treatment, home services, and energy management to expand into new geographies and consolidate

Margin Pressure


Natural Resources: Looking Ahead

Foster a collaborative work environment and

streamline remote field operations

Huge uncertainty on what types of contractual terms

and regulatory regimes will give citizens confidence

when exploiting natural resources

Making big investments in environment, safety and

community development to convince people they

should have a social license to operate

“Big time” price and demand fluctuations adding to the

woes of once-flourishing mining companies


For more details please visit the link below:

http://www.wipro.com/insights/industry-

research/energy/energy-utility-and-natural-resources-

companies-meet-uncertainty-with-technology

http://www.wipro.com/insights/industry-research/energy/energy-utility-and-natural-resources-companies-meet-uncertainty-with-technology






















Wipro set up the Council for Industry Research, comprised of domain

and technology experts from the organization, to address the needs of

customers. It specifically surveys innovative strategies that will help

customers gain competitive advantage in the market. The Council, in

collaboration with leading academic institutions and industry bodies,

studies market trends to help equip organizations with insights to

facilitate their IT and business strategies.

For more information on the Research Council visit

www.wipro.com/insights or mail [email protected]

About Wipro Council for Industry Research

http://www.wipro.com/insights

mailto:[email protected]


About Wipro Technologies

Wipro Technologies, the global IT business of

Wipro Limited (NYSE:WIT) is a leading Information

Technology, Consulting and Outsourcing company,

that delivers solutions to enable its clients do

business better. Wipro Technologies delivers

winning business outcomes through its deep

industry experience and a 360 degree view of

“Business through Technology” – helping clients

create successful and adaptive businesses. A

company recognised globally for its comprehensive

portfolio of services, a practitioner’s approach to

delivering innovation and an organization wide

commitment to sustainability, Wipro Technologies

has over 140,000 employees and clients across 57

countries.

For more information, please visit www.wipro.com

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