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SHANGHAI, China, Sept. 24, 2020 /PRNewswire=KYODO JBN/ --

— IDC and Huawei Jointly Released the White Paper for the Electric Power Industry

At HUAWEI CONNECT 2020, IDC and Huawei jointly released the white paper for the

electric power industry — Building the Future-Ready Power Enterprise: Road to a

Successful Digital Transformation.

In the white paper, IDC proposed a methodology for the transformation of

electric power enterprises. This methodology supports and aligns with Huawei's

digital transformation methodology. IDC and Huawei follow a similar approach

with frameworks and blueprints to help organizations design their digital

transformation priorities and set their agenda, which in turn enables power

enterprises to deliver business value of scale.

Electric Power Enterprises Urgently Need New Operating Structures and Business Models

The power industry has long faced disruption. Power enterprises are now facing

multiple changes. Management will need new operating structures and business

models if power enterprises are to remain key players in the energy ecosystem.

As 2020 progresses, COVID-19 has introduced another dimension of change and

disruption that business leaders in the power industry must tackle.

Hou Jinming, Deputy Director of the Technology Department of the Global Energy

Interconnection Development and Cooperation Organization (GEIDCO) said that,

"As the advance of global energy reform and energy Internet development, the

power sector will take an entirely different shape. It will be decarbonized,

digitized, and intelligent." The implications of the change will impact the

management, operations, services, and transaction modes of the electric power

industry. Power enterprises must reconsider who the customer is and who the

competitor is, a new breed of stakeholders and participants, and how the energy

ecosystem works. This will mean new customer engagements, new business models,

new competitors, more stakeholders and increased risks.

Increasing renewables, emerging power consumption devices, multiplying power

grid connections, and the integration of energy, information, and

transportation networks require power enterprises to systematically improve

their response capabilities and the intelligence of their management systems

and business processes. This will allow power enterprises to better adapt to

complex environments, and enable power systems to operate more securely,

adaptively, flexibly, and efficiently. Therefore, high operation data analysis

efficiency, rapid and efficient artificial intelligence (AI) decision-making

capability, and full-process automation will be crucial to the survival of

power enterprises.

Methodology: Five Stages of Digital Transformation of Electric Power Enterprises

To build the future power enterprise, IDC proposes the digital transformation

methodology for the electric power industry.

IDC's maturity model is part of its digital transformation methodology that

seeks to provide a framework for companies to build their roadmaps. According

to the maturity model, the digital transformation of electric power enterprises

is divided into five phases: adhoc, opportunistic, repeatable, managed, and optimized.

The factors most critical to the success of power industry digital

transformations are as followed: 1. A single enterprise digital strategy;

2. Resolution to make the required organizational and cultural changes;

3. A long-term investment commitment to digital transformation;

4. A platform-based strategy; 5. An enterprise-wide data governance model.

Emilie Ditton, AVP of the Energy and Manufacturing Insights Group, IDC Asia

Pacific, believes that modernization, digitalization, and transformation of the

grid are an immediate requirement. The transformed digital grid will combine

traditional centralized generation, large-scale distributed generation, and

renewables as well as enabling visualized management and control of the complex

power grid environment. Grid operations will transform from digital grid

operations to smart grid operations. New business models will be established,

and the power service mode and power grid management mode will be changed.

Huawei: Reliable Partner for Digital Transformation

Collaborating with its enterprise partners, Huawei implements comprehensive

awareness, interconnection, and intelligence of various power terminals by

integrating 5G, IoT, optical, IP, cloud, big data, and AI technologies into the

power system. Through digital transformation, Huawei is committed to assisting

customers develop coping strategies in dealing with industry challenges and

seizing future opportunities.

Lu Yongping, Vice President of the Global Energy Business Dept of Huawei

Enterprise Business Group, stated that Huawei is a reliable partner for digital

transformation. Huawei will facilitate digital transformation of electric power

enterprises through a variety of methods, including assisting in the

understanding of their own status quo, the market, and the entire industry

ecosystem. Based on extensive digital transformation practices in the energy

industry, Huawei has developed an energy ring — '1-2-3-2-1' — a digital

transformation framework applicable to the energy industry, in aiding electric

power enterprises realize the vision of their digital transformation goals.

Photo - https://photos.prnasia.com/prnh/20200923/2926611-1 

Adhere to one transformation vision: Electric power enterprises should

interpret 'digital transformation' as a corporate-level transformation strategy

and an indispensable element of their overall strategy.

Create two assurance conditions: Develop data literacy levels of enterprises

and employees, progress the cultivation of a digital and transformation

culture, and build a talent team for digital transformation, supporting

enterprises' digital transformation objectives.

Implement three key processes: Implement integrated management of planning,

construction, and operations and ensure that digital transformation is

progressing as outlined, so that an organization's transformation vision can be

converted into enterprise value.

Build two core driving forces: Follow service and technology trends and seize

opportunities in the future.

Build one basic platform: Build a fully connected digital platform to provide

solid foundations for the digital transformation of businesses.

Huawei's digital transformation methodology is similar to that of IDC, and they

complement each other. Both parties believe that digital transformation steps

and frameworks need to be planned and established to help electric power

enterprises design their digital transformation priorities and set their

agenda, which will enable power enterprises to deliver business value of scale.

Hu Hao, Chief Digital Transformation Officer of the Global Electric Power

Industry of Huawei Enterprise BG, pointed out that the global energy industry

is facing transformation. The traditional energy consumption structure centered

on primary energy is gradually transforming to a new structure centered on

secondary energy such as PV and wind power. This will drive the industry

evolving towards decarbonized, clean, electrified, and distributed. During the

transformation, Huawei will help power enterprises optimize management

processes, reduce production costs, improve operation security, and innovate

business models. It will also help enterprise customers accelerate digital

transformation to achieve the goal of building an intelligent energy system

that features multi-energy synergy, ubiquitous connectivity, and intelligent interaction.

HUAWEI CONNECT 2020 is an annual flagship event hosted by Huawei for the global

ICT industry, and is being held in Shanghai from September 23 to 26, 2020.

HUAWEI CONNECT is an open platform designed to help our customers and partners

navigate these changes, share experience, and work together to create new

value. At this year's event, we will explore trends and opportunities in

industry digitization; showcase advanced ICT technologies, products, and

solutions; give you an insider's look at the fruits of joint innovation; and

share best practices in digital transformation. Our ultimate goal is to build

an open and sound industry ecosystem that will benefit all stakeholders and

create new value for all industries. For more information, please visit:

https://www.huawei.com/en/events/huaweiconnect2020/ 

Source: Huawei

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   Caption: Lu Yongping, Vice President of the Global Energy Business Dept of Huawei

Enterprise Business Group