Engineering: leader della Digital Transformation

Smart Energy & Utilities

Five questions to...
Vincenzo Tartuferi

Our General Manager Energy & Utilities talks about the challenges for 2021. From the energy transition to the birth of cross-market ecosystems, here are all the changes in an evolving market.

1.

COVID-19 MADE THE YEAR 2020 A REAL STRESS TEST FOR ALL SECTORS: WHAT WORKED AND WHAT FAILED IN THE WORLD OF SMART ENERGY & UTILITIES?

On a monthly level, the Covid-19 emergency generated a reduction of over 10% of the demand in electricity. Likewise, , the entire oil supply chain was negatively affected, from a slowdown in the production of oil-based products to an almost complete halt in transport and travel.

As in other sectors in the market, players in the E&U sector focused on neguaranteeing security for their employees and on the continuity of operations, placing attention on profitability (costs, revenue and cash flow) with mechanisms of Revenue Protection vis-à-vis their propria customer-base. In addition, companies had to consider specific industry requirements, such as that of maintaining safety levels that are essential for the provision of networked and non-networked services, especially in the case of public utilities. When redefining their investments, companies are seeking to redevelop operational processes and strategies aimed at supporting their business..
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2.

HOW HAVE ENABLING TECHNOLOGIES HELPED INDUSTRY PLAYERS ADDRESS THE CRITICAL ISSUES GENERATED BY THE PANDEMIC?

Technology will increasingly support security and continuity, enabling recovery in which the human factor will play a central role at all levels to redefine product focus, value proposition and ways in which customers can be engaged.

The approach to the Cloud is improving the level of attention paid to IT costs and, at the same time, protecting organisations from the health consequences of the pandemic, con with a "safer" approach to work. The migration to the Cloud also makes it possible to centralise infrastructure and improve their defence against hacker attacks, which are also on the increase in this market sector, by offering services of Cybersecurity. Artificial Intelligence will also make it possible to raise the bar of the services currently provided.

3.

WHAT ARE THE TRENDS THAT ARE CHANGING THE SECTOR AND CHALLENGING WORKING METHODS, DESIGN PROCESSES, THE SERVICES OFFERED, AND VALUE CREATION?

The energy transition is the real "revolution" in our market. The growth of electric mobility, the launch of Energy Communities, the production of energy from renewable energy sources (RES), and the progressive introduction of "green" hydrogen into the distribution infrastructure. All the above are supported by national investments through the EU Recovery Plan.

In addition, there is a progressive convergence between the oil sector and the utilities, both at global and national level, with a diversification of services offered both through procurement and through partnerships (electric mobility, RES plants for energy production) aimed at gaining a foothold in "new spaces" in the market. Furthermore, the energy sector is going through a phase of significant transformation due to the de-carbonisation objectives supported by both EU and global policies.

These changes correspond to opposing, but not exclusive, shifts in technology: one in favour of automation, focusing on projects that improve decision-making capacity with enterprise solutions based on data integration; another in favour of Value Enhancement in specific market sectors (augmentation), with new IT providers joining traditional suppliers in new and competitive markets.
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4.

HOW CAN OUR EXPERTISE IN NEW TECHNOLOGIES AND CORE PROCESSES HELP INDUSTRY PLAYERS TO DESIGN A SPACE WHERE TECHNOLOGY AND BUSINESS INTERSECT WITH US?

Our strategy is based on a bimodal approach. On the one hand we are continuing to support those companies that are struggling to make their digital transformation a reality, at the same time keeping a constant flow of proposals and services to their end customers at the centre, knowing that a progressive change plan will be necessary.

On the other hand, we are proposing an innovative approach based on the use of our Enabling Technologies to guide the transformation through some key elements: security of IT and OT infrastructures, evolution of IoT service offerings to support infrastructure (aqueducts, power lines) and the increase of renewable sources, as well as the analysis of business phenomena through the development of Artificial Intelligence/Machine learning algorithms.

5.

WE ARE WITNESSING (AND COVID-19 HAS ACCELERATED ITS IMPLEMENTATION) A DISSOLUTION OF SILOS: THROUGH WHICH ASSETS CAN ENGINEERING HELP ITS STAKEHOLDERS TO BUILD NEW ECOSYSTEMS?

The challenges related to Energy Transition and Environmental Sustainability are progressively leading to the creation of two types of ecosystems: the Energy&Utilities ecosystem, in which energy needs is making it impossible to distinguish between different market sectors (gas, electricity, oil, etc.). The cross-market ecosystem, in which the distances between sectors are narrowing more and more.

Our assets support both ecosystems. Environmental hygiene, the efficiency of aqueducts, the energy efficiency of homes and public buildings (Smart Buildings), and Energy Communities are just the first examples of how to tackle markets in an increasingly integrated and synergistic way.
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Vincenzo Tartuferi

With over 35 years of experience in the IT industry, he has held roles of Consulting, Technical Manager and General Manager in the Italian IT market. His wide experience in both Delivery and Sales for the main Italian Information Technology companies gave Vincenzo a solid base to address and drive the development of the IT offer with particular attention to the evolution in the Utilities market.

He is currently General Manager of Engineering Group for Utilities & Telco markets.

Vincenzo is also one of the authors of the White Paper "Smart Energy & Utilities".

Contact us

marketing@eng.it
Tel. (+39) 06-87591