Download the new IDC white paper: Energy ILM -- The Power Producer Digitization Imperative.
This IDC Energy Insights white paper examines energy investment lifecycle management (ILM). ILM is the core end-to-end business process and automation platform for the origination, development, financing, construction, and asset management of greenfield or acquired generation assets. IDC Energy Insights conducted interviews with several utility and power company executives.
The research concludes that a new category of cloud technology solutions focused on energy investment lifecycle management is emerging to support the technology and change management requirements of a digital transformation initiative. ILM attempts to deliver data visibility and transparency, step-function increases in productivity and collaboration, and improved quality and speed of decision making. At the same time, ILM has the potential to serve as the change agent and vehicle for driving this strategic and mission critical digital transformation imperative