Lessons From Telecoms for Utilities This Week in Dublin
It’s always exciting to attend the TMF Management World conference. I had a chance to speak at last year’s event in Nice, and I’m looking forward to the discussions this year in Dublin.
One area I’m especially intrigued by are the sessions related to “smart grid/smart utilities.” It will be interesting to see what lessons the utility sector takes from the experience of telecoms.
My prediction is that there are many technology lessons to be learned; however, the primary lesson will be about the criticality of putting the customer at the center of the model. That means gaining a greater understanding of your customer, developing products/plans that meet their requirements and giving them access to information about their consumption patterns. Giving customers the power to be better informed and thereby better able to make choices to suit their individual needs.
It’s a lesson that took the telecom industry a while to learn and a valuable one that utilities should take to heart as soon as possible.
This topic is near and dear to my heart, but it’s just one of the many discussions I look forward to sharing with colleagues new and old at TMF Management World this year. Let me know your thoughts here, or better yet, meet us there and join the conversation. More…