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Overview
The energy sector is facing one of its fastest and most disruptive periods of change. From the race to Net Zero to rising customer expectations, only those who innovate quickly will stay ahead.
Energising Innovation, a joint white paper by Procode and Ferranti, shows why technology adoption is now critical. Through industry insights, case studies, and global research, it reveals how smart meters, cloud platforms, and AI are already transforming operations and customer experience.
The message is clear: energy companies that modernise now will lead the market—those that don’t risk being left behind.
What's Inside
- A look at innovation successes (like the iPod and KitKat variations) and failures (the Zune, New Coke, Blockbuster, BlackBerry) to illustrate why adaptability matters.
- Findings from McKinsey reveal that “innovative growers” generated an average of 11 percentage points in excess annual shareholder returns compared to Global 2000 peers (2012–2022).
- Exploration of the shifting UK energy market, including supplier failures and the mounting pressure to manage the transition to Net Zero.
- How smart meters, cloud technologies, and AI can enhance customer experience, lower operational costs, and reduce churn—supported by Procode’s and Ferranti’s proven track records.
- A compelling call-to-action for energy suppliers and intermediaries: adopt these technologies now or risk disruption.
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Why the energy sector needs to embrace new ideas and technology or be disrupted out of the market.