| | Oct - Nov 20196Owing to the many changes in the recent past, the energy sector has witnessed a shift in the way electricity is consumed as well as a disruption in asset management structures. Industry veterans and top executives from leading energy supply companies must tap into the diverse technology world to harness the power of analytics to understand the method by which to extract higher value from infrastructure assets. As calls for cheaper and environment-friendly fuels continue to rise, organizations must continue to research and develop plans to optimize commercial and strategic importance of utility assets and maintain a perfect balance to deliver greater stakeholder benefits. With many regulations and other norms in play to bring control within the industry, energy providers must look past their traditional boundaries and move along into the digital era to have a sustainable approach toward asset management. Most major studies and reports suggest that organizations deploying a formidable strategy are leading the way with new innovative ideas, and are achieving financial benefits that are equivalent to 20 percent of their total spend within a brief time. On these terms, many power distributors are taking the first steps toward digital enablement to reign in profits by deploying platforms for improved asset management that are powered by big data analytics. By encouraging the entry of technology-assisted wares these companies can gain insights for proper risk assessment and mitigation along with the right information to support it.With this edition of Energy CIO Insights on Asset Management, we hope our readers can find the right technology partner, and maintain a risk-free energy asset management structure.Let us know your thoughts!The Perfect Balance of EnergyCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. OCTOBER - NOVEMBER - 2019, Vol 02 - Issue 04 Published by ValleyMedia, Inc. To subscribe to Energy Tech ReviewVisit www.energytechreview.com SalesRich Gonsalvesrich@energytechreview.comVisualizersRonald DonovanManaging EditorCharlotte Smith*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaVian IsaacJoshua Parker Kenny PeruzziEDITOR'S DESKCharlotte SmithManaging Editoreditor@energytechreview.com
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