utility week congress 2015 wide screen
TRANSCRIPT
Driversof Disruption
The Digital Pressure Cooker
Strategies
6 Transformation Strategies
Digitally Re-engineering the Utility Sector
Myron HrycykMaple Hawthorn Ltd
Independent ConsultantFormer Group CIO Severn Trent plc
IT Action Checklist
What is driving our businesses and technology over the next 5 years
Lower WACC – investor return
Income Reduction – Lower BillsOutput Driven Incentives, Pain/Gain
Innovation TOTEX ModelNHH Competition
Greater Operational Efficiency Improve Operational PerformanceCreate a Competitive Retail BusinessInnovative Solutions – non CapexGreater CAPEX EfficiencyBetter Customer Experience
Digital is synonymise with customersAn immediate impact on:
Revenue, Sales, Brand, Marketing, Customer Experience,Visibly beating the competition
IT investment, activity is relevant Companies are responding to the opportunity and the threatOperational performance Impact/opportunity
Why is “Digital” different?
Digital Pressure Cooker
The Impact of Customer Experience
The Impact ofDemanding Colleagues
New TechnologiesImmense Opportunity
Demand for Operational Improvement
Six Integrated Disruptive Technology Strategies that you’ll need and will transform the sectorMobile workforce, devices of choice, working anywhere
Mobility, mobility, mobilityConsumer Tech in the workplace
Fusion of IPT, CRM, web contact More Customer Channel Tech
Multi channel customer journeys
Automated operations, Predictive operations,Data driven business insight
Data AnalyticsIoT & M2M
Ever faster business agility Cloud ServicesPublic/Private Hybrid IT
Connected Workforce Collaboration, access to each other Information sharing
Performance, reliability,scaleable
Secure, High Bandwidth, Flexible infrastructure
The sector’s approach to IT needs to changeCIO’s need to think differently… IT needs a different approach…
Dev/Ops
IT Checklist for now and the future…• Do you have a digital strategy?
– Digital disruption is here, if you don’t respond you will be disrupted out of business or to the bottom of the pack.
• Are you really thinking “business In” first?– Customer, Colleagues and Operations is where the pressure is coming from
• How well are you exploiting new technology? – IoT, M2M, digital, analytics, cloud.
• Does your IT strategy address the Six key themes?
• Are you thinking differently and working differently?– Think big/start small, multi-speed, hybrid IT
….a Digitally Re-engineeredUtility Sector….
Myron HrycykMaple Hawthorn Ltd
Independent Consultant
Thank youand enjoy the rest of the conference