Renewable energy sources are used by 77% of the region’s businesses.

Renewable energy sources are used by 77% of the region’s businesses.

Eaton, the global energy management business, today published the findings of a research study that emphasises the importance of energy transition and its inclusion in major enterprises’ digital transformation programmes. Only half of these organisations are now executing the digital strategies required to continue forward with this transition.

Add to that, just about a third of businesses track important sustainability and energy intelligence KPIs, and only around 17% have digitally enabled legacy systems.

Aravind Yarlagada, Executive Vice President and Chief Digital Officer at Eaton, commented on the study’s findings, saying, “We have uncovered a huge gap in how firms are applying digitalization initiatives to minimise carbon emissions.” It has a stronger influence.”

“Businesses need to move faster in embracing digital transformation, and the good news is that the time to act is now,” Yarlagda said, adding that digital tools like the Brightlayer ecosystem are assisting companies in gaining deeper insights into energy, which are critical in assessing worthwhile investments. Surprisingly, industry-specific software products are already assisting consumers in dealing with such difficulties.”

The survey comprised 1,001 people involved in digital transformation activities in four critical sectors in North America, Europe, the Middle East, and Africa: buildings, data centres, industrial facilities, and service facilities.

According to Rich Karpinsky, Senior Analyst at 451 Research, a division of market research company S&P, “thus far, corporate transformation programmes have mostly concentrated on enhancing business processes.” Next Energy will prioritise best practises and digital procedures, proving to be a significant competitive advantage for enterprises who take this strategy initially.”

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