As per the reports, the energy and utility market is estimated to stand at USD 2 billion in 2020 and is likely to grow to USD 4.3 billion by 2025. In other words, the energy and utility sector has shown exponential growth with time. Though the industry has experienced its own challenges like finding alternatives for natural sources of energy, the government, as well as private entities, are both aiming to confront the high operation costs and take value-added services to the end consumers.
Since we at BugRaptors have worked on several projects associated with the energy and utility industry, we believe harnessing technology is the only way to support evolution. Whether it is creating applications to simplify interactions between suppliers and consumers or using software that can drive performance and security goals.
Apart from the use of dedicated application and software technology, it is a need for enhanced analytic solutions to work on dynamic forecasting, load management, operational efficiency, and advanced metering infrastructure (AMI). The such provision could not only aid the operations but services through better asset optimization in the future. Besides, such initiatives can aid in learning the asset lifecycle pattern and determining the failure data in real time.
As a component of digital transformation initiatives for improving the energy value chain, usage control, monitoring, and evaluation could help establish clean energy goals. Since moving to digital platforms is the only way to yield the core transformation, the shift to stable and scalable services needs the effective use of Quality Assurance Services into the picture.
In this blog, we will aim at discussing the whole concept of digital transformation as a power move to yield renewable energy. Besides, we will try to highlight how software testing services could play a significant role in outlining the necessity of technology to drive quality engineering into the energy and utility sector.
Let’s begin!
How Technology Is Transforming The Energy & Utility Sector?
When we talk about driving technology into the energy and utility sector, the concept automatically defines the bigger picture of the digital transformation landscape. From the use of software solutions to streamline operations to the application of analytics, driving customer-centric outcomes is all about creating a smooth digital experience.
Intelligent Asset Management With Big Data
Before we progress towards the idea of distributing renewable energy, it is important to introspect the data coming from loggers and meters. And the use of big data seems to be the only way for establishing relevance and context for the data gathered to implement the predictive and proactive approach toward energy utilization.
This is why the industry has already started moving towards asset intelligence through smart data modelling while enhancing the customer experience. Also, big data has all the potential to aid workflow automation that can help with distribution and transmission through necessary effectiveness and efficiency. Adding to that, big data can even facilitate data transparency and demand availability creating the highest value with the information.
IIoT or Industrial Internet of Things
Renewable energy plus the wisest distribution of available natural energy resources is one of the most important projects which the government, as well as private giants, are aiming at. More importantly, the demand for introducing renewable energy into energy and storage management is constantly increasing.
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The rise has therefore made way for the use of remote inspection systems and high-resolution sensors to foster laser-based measurements as an initiative to minimize operational costs. And when we say IIoT, the process refers to an amalgamation of analytical systems, processes, and sensors for every renewable energy project connecting to national grids, industry, as well as homes. Such connectivity can even complement the remote monitoring goals by adding value to the energy demand management and predictive maintenance capabilities.
Getting Smarter With Artificial Intelligence & Machine Learning
Artificial Intelligence is one of the most significant factors that can help generate value for energy efficiency goals. From taking data insights to demand monitoring and energy-saving moves, AI coupled with ML could help overcome any issues related to over-generation or shortfall. Also, AI can even complement the maintenance and operations at the grids driving more value from the resources when implemented through effective AI & ML Testing Services.
Overall, AI coupled with ML has all the potential to create sustainable and reliable energy storage by analyzing massive data volume in real-time contributing to the allocation decisions. Moreover, the energy industry could use the potential of centralized control centres with control optimization and microgrid integration to yield safe and reliable use of energy resources.
The Role Of Quality Assurance & Software Testing In the E&U Sector
The application of technology is one of the most impactful moves when it comes to digital transformation goals. The use of AI-based software technology and ML solutions are great tools to overcome instability, unreliability, and unpredictable demand for energy resources. Though these technologies were not intentionally developed to gain measurable outcomes, a holistic approach to bringing them together is the only challenge that creates the obstruction.
Additionally, the use of digital solutions in the energy and utility sector creates a greater risk for cyber-attacks calling for data vulnerability. Therefore, it is necessary that cyber security testing services must be derived into the energy and utility landscape to actually make the most of the digital transformation initiatives.
All in all, quality assurance solutions are a significant part of the Energy and utilities ecosystem as the constantly increasing demand calls for better ways to manage consumption, distribution, and production.
Moreover, software testing and quality assurance services for the global energy and utility industry can ascertain essential stability and speed to change management, executive monitoring, and compliance programs. Also, the effective application of Quality Assurance initiatives can complement efficient handling of load and stress on the applications, irrespective of the geographical dimensions. This in return can help nurture greater credibility and trust in end-users while uncovering and fortifying any security vulnerabilities.
Wondering How BugRaptors Can Help?
With an experience of serving 1000+ clients globally and delivering a promise of 30 to 40 per cent faster time to market, BugRaptors can help you establish smart grid systems for effective demand and supply management through the power of technology. From added predictability to improved power transmission, we can help you scale with all the necessary speed and stability.
Whether it is deploying real-time test environments or fostering performance testing services, our stress and load testing solutions can help you save all the time and resources while allowing profit generation.
For more information, feel free to reach our experts at BugRaptors or write to us at info@bugraptors.com
