As we have moved to virtual briefings, I have increasingly been excerpting short video segments (with permission ), as part of my Analyst Cam series.
I have invited SAP to present updates on various verticals as I discussed here
This time it is Markus Bechmann, Global VP Innovation and New Business Models for the Utilities industry at SAP.
He discusses the gradual transition in the industry away from fossil fuels. The resulting intermittent energy is leading to new trading networks. The rise of the "prosumer" is also leading to more fragmentation and bi-directional business models. New entrants like auto makers are reshaping the industry. The industry is also learning to monetize data from its extensive asset base.
The utility industry has a reputation of being slow-moving. Markus will change your mind in this 25 minute conversation.