High energy prices for consumers combined with an increase of renewable energy make it easy for a wide range of energy startups to enter the market: They score points with offers that are more transparent, more green, and more cost-efficient than the competition. Their business model is built on fully digitized processes. What role does…
“Digitize or die” – this gloomy warning is justified in the highly competitive energy sector: many municipal utility companies and established utilities are lagging behind in the digitization process. As a result, for example, the “time-to-market” of new products is too long and cross- and up-selling is difficult. At the same time, more and more…
Utilities are under high pressure to take action, as a new report by Accenture explains: While there is less and less “for the taking” in the old utilities’ business areas, a huge market for sustainable energy solutions is emerging and there is shortage of corresponding product solutions. The report of Accenture sums it up: “The…
The coronavirus seems never-ending – experts agree that the consequences of the pandemic will fundamentally alter our society and our economy. One is the accelerating pace of digitization in the working world, with a shift towards home offices, videoconferencing, etc. Furthermore, according to a study by Roland Berger, the overall situation is creating cost pressures…
Switching rates of significantly more than 10 percent of the customer base are now standard in the European energy market. In many countries they are rising very fast. Established energy supply companies in particular are coming under increasing pressure because agile start-ups and providers from outside the industry are stirring up the market with digital…
Digitization, climate change, blockchain, 5G and the like – the mega-topics of our time are bundled together in the energy sector and trigger massive pressure to act among the utility companies. The focus is primarily on “Cost-to-Serve” (CtS) because it has a massive impact on falling margins in mass business. Can a target value of…
