The energy and utilities<\/a> (E&U) industry is historically innovative when it comes to technology \u2014 but the last year has rocked its way of working to its core.<\/p>\n The industry has been implementing new technologies to save consumers\u2019 time and money, increase energy efficiency and improve conservation programs as far back as the 1970s<\/a>. It even helped set the stage for the modern online user experience, taking on high-volume online transaction processing before most users and industries understood online transactions.<\/p>\n However, when it comes to people and processes, E&U still has a way to go. Many of the existing company roles and processes never experienced a true transformation. Instead, companies transitioned to processing the information digitally, without embracing the full extent of what technology can do.<\/p>\n Today, especially following the COVID-19 pandemic, many E&U companies are facing the results of innovation without transformation.<\/strong> And while the task of embracing operational and cultural transformation is daunting, there are a few significant trends that will help your company take the leap.<\/p>\n Many organizations are working remotely or installing and adopting new tools for virtual communication. But remote-work technology is just one way digital-first approaches are changing how we work and live together.<\/p>\n Business Anywhere<\/a> starts with assessing how you work today before making decisions that will affect tomorrow. And while digital tools enable organizations to function during these unprecedented times, deploying new processes and managing people’s acceptance of change is just as important as technology.<\/strong><\/p>\n If you\u2019re not interested in becoming fully remote, you might still need to employ a Hybrid workplace<\/a>. Such models combine virtual and in-person work models to gain access to the \u201cserendipitous moments\u201d afforded in an in-office setting while allowing team members who prefer heads-down work in their own homes to have such opportunities.<\/p>\n You\u2019re no stranger to trust, even at work. But as the industry adopts more remote work following the pandemic, it\u2019s essential to ensure you bake trust into your organization. This isn\u2019t only important due to remote work, either \u2014 it\u2019s critical to establish trust to help manage organizational change<\/a>, communication and training to gain value from your strategic initiatives.<\/p>\n But that\u2019s easier said than done \u2014 how, exactly, do you go about ensuring trust is part of your organization?<\/strong> By switching up how you measure results from your teams. Instead of checking how many hours they\u2019ve worked or how many breaks they\u2019ve taken, turn to results.<\/p>\n To do that, you need a performance measurement framework<\/a> to give you a holistic view of how your organization defines success. Don\u2019t base your performance measurement on how many meters your teams read, how satisfied your customers are or even how accurate your billing is. Turn to a combination of these metrics, and you\u2019ll have a good understanding of how your team is doing, regardless of where they work.<\/p>\n Automation can relieve some of the complexity of supporting remote staff, leaving suitable tasks to the machine while remote teams perform knowledge work.<\/p>\n Robotic Process Automation<\/a> (RPA) has long been the go-to for automation. RPA software, behaving as a participant in a process, can replicate human behavior to perform routine, repeatable, rules-based system interactions and integrations. It can perform everything from keyboard strokes, mouse clicks and data reads to logic and writes through existing user interfaces.<\/p>\n And as a utility organization, you\u2019re tasked with maintaining separate customer, asset and work management systems. Working with three disparate systems makes every task take a little longer \u2014 and that\u2019s where process automation can come in. It can step in and act as that last mile of integration so your teams can work more flexibly and efficiently.<\/strong><\/p>\n Today, new technologies such as hyperautomation<\/a> \u2014 the combination of RPA, machine learning, natural language processing, enterprise systems integration, document ingestion and understanding, and more \u2014 can help take on those processes that need to go a step further than automation.<\/p>\n For example, we had a utility client whose financial team was getting bogged down chasing after small balance bills. Using a combination of RPA and artificial intelligence, we created a bot that would analyze a bill and determine when to dismiss it, pursue it through automation or leave it for human intervention.<\/p>\n1. Business Anywhere<\/h2>\n
2. Trust<\/h2>\n
3. Hyperautomation<\/h2>\n
4. Data-Driven Insights<\/h2>\n