AI and IoT Powering Utility Transformation
The article features an industry leader’s insights on IoT, AI, innovation in utilities, regulatory challenges, legacy player strategies, and critical investor questions shaping digital transformation in capital-intensive sectors.
Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?
- 23+ years of rich and diverse exp: 15+ yrs in as CTO, CEO, Head of Dept & 7+ yrs in USA
- In my senior management role, I handle strategy, financial planning, budgeting, cost analysis, HR, tech evaluation, and overall responsibility for achieving corporate goals
- Experience in diverse areas demonstrated via implementation of successful projects and achieving targets across global industry verticals - BFSI, Energy, Utilities, Government, Exchanges
- Managed large delivery operations and customer accounts globally (India, USA, Australia, China, EMEA)
Q2. How is IoT being used to improve efficiency and service delivery in utilities?
IoT and its associated smart devices and sensors are utilized in transforming utilities by enabling predictive maintenance, real-time data collection, and optimized resource management, resulting in improved efficiency and service delivery.
We have used IoT-enabled sensors for predictive maintenance of our power plants. Additionally, for ramping up and ramping down power generation, we utilize data generated from IoT devices to predict demand response. The use of IoT equipment has assisted us in reducing costs and improving service reliability.
Q3. What’s your take on the…
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