From nascent Internet capabilities in the 90’s to the robust abilities of today’s computers and networks, technology developments have paved the way for business innovation in every conceivable industry.Continue Reading
From nascent Internet capabilities in the 90’s to the robust abilities of today’s computers and networks, technology developments have paved the way for business innovation in every conceivable industry.
These days, it’s rare to find a business of any size and in any industry that isn’t considering what analytics and business intelligence can do for them. That includes utilities, of course. Like any other business, utilities gather increasing volumes of data about their customers, so it’s natural to wonder how that data might be best put to work.
For any company, especially a technology company, hiring ignites a spark of innovation and new ideas. From fresh perspectives on company initiatives to setting realistic goals, growth in the form of hiring sets companies up for continued success. That’s why we’re pleased to announce that Robert “Bobby” Batson has joined Vertex as our new chief operating officer, bringing with him a strategic vision that involves collaboration, embracing company culture and an emphasis on market growth.
In the utility industry, operational costs remain a hot topic for discussion and concern. Traditionally, regulators have required utilities to use capital expenditures for fixed assets in calculating ROI and rate cases—which made accounting for cloud-based solutions problematic.
The beauty of Vertex solutions is that we are constantly finding new ways that improve how customers interact with their utility providers. This goal informs each application in the VertexOne solution suite, most notably our Customer Advantage product.
It’s no secret that the utility landscape looks vastly different than it did twenty, ten, and even as recently as five years ago. The most remarkable changes have been as a result of cloud transformation, something that enables Vertex to provide customers with intelligent, fully hosted and managed offerings. We’ve witnessed this digital shift from day one and saw a niche to fill with our solution offerings. We decided to develop a true cloud platform for our customers, but noticed some uncertainty in the market surrounding the cloud.
As utilities continue to diversify and broaden their tech capabilities, there’s increasing discussion around leveraging advanced characteristics within the distribution architecture. These include analytics and, more recently, IoT and related intelligent devices.