Top trends and priorities focus on improving cybersecurity and data to accelerate transformation
We met with 173 energy and utilities executives to understand their top priorities and how they are preparing for and adapting to key trends shaping their organizations. This year, energy and utilities are prioritizing optimized, sustainable and protected operations to help them navigate the energy transition and stay relevant for the future. Discover executives’ top trends, priorities and more.
1. A green revolution is emerging
81% cite climate action as a macro trend shaping their organization
2. Impact of geopolitical events rises
24pp increase in executives citing high impact of world economic shifts vs. 2022 (+40pp in Europe)
3. Data continues as a top priority
86% say data management and governance are keys to improving data strategies
4. Regional digital gap grows
42% in Europe vs 13% in North America seeing results from digital strategies
5. Cybersecurity matures
59% seeing results from cybersecurity strategy, up from 48% in 2022
Overall, Energy & Utilities clients see significant progress in producing results from their digital strategies (38%, up 8 percentage points from last year). When comparing insights from these leaders producing results from digital strategies (digital leaders) to those building or launching digital strategies (digital aspirants), common attributes emerge.
Digital leaders in Energy & Utilities have closer alignment between IT and business operations and are more agile to adapt. They leverage automation and AI to accelerate results and cybersecurity to protect the organization.
Have highly agile business models to address digitization and integrate new technologies
Digital leaders 21% |
Digital aspirants 9% |
Produce results from
data privacy
strategy
Digital leaders 85% |
Digital aspirants 18% |
Produce results from
cybersecurity
strategies
Digital leaders 79% |
Digital aspirants 41% |
1
|
Secure the business |
2
|
Prioritize trusted data |
3
|
Bake-in ESG data enablement |
4
|
Align C-suite |
5
|
Free up experts |
At CGI, we help Energy & Utilities organizations advance their digital transformation and optimize operations to navigate the energy transition. |