Power & Utilities
In an age in which everyone is looking to conserve natural resources, utility companies are in a unique position.
SureStep can positively impact GRC and ESG challenges at utilities by leveraging their expertise in providing advisory and implementation services for data analytics, cloud services. Today's utility companies need to keep up with changing customer expectations, and data and new technologies can help them do that effectively. By collecting and analyzing a great deal of data from individual and business customers, utility companies can gain insights into customer behavior and preferences, and improve their operations accordingly. This also creates significant exposures to data privacy regulations.
SureStep can help utilities use modern technologies such as data analytics, cloud services, AI, and ML to manage data loads in real-time, maximize capacity utilization, and integrate archaic systems with cloud-based solutions that communicate with each other. In addition, SureStep's GRC solutions can help utilities manage their compliance processes and mitigate risks related to data privacy, cybersecurity, and financial reporting. Overall, SureStep can provide utilities with a holistic approach to managing GRC and ESG challenges, helping them improve their operations, reduce risk, and meet regulatory requirements.
of utility companies are extremely concerned that new environmental regulations will have a negative impact on their business in 2022
Over 70% of utility companies plan to significantly increase spending on risk detection/monitoring, data analytics, and process automation.