Search result for: "Utilities"

Quantitative Benchmarks for the Top 3 Use Cases in Utilities, Oil and Gas

In the utilities, oil & gas sector, profit increase KPI by use case show high impacts for the three most common use cases (risk exposure, predictive maintenance and regulatory intelligence). However, the context is slightly different when considering oil & gas (a pioneer of advanced analytics, but...

Benchmarks features matrix

The attached document represents the DataBench Framework for technical benchmarks. It is extended from the dimensions in the BDVA Reference Model – with additional aspects of industry sectors and application areas. The Benchmarks are listed chronologically according to when they have been introduce...

Qualitative Benchmarks by Industry

Qualitative KPIs (time efficiency, product/service quality, customer satisfaction, number of new products/services launched, and business model innovation) are measured on a rating scale of 1–5, corresponding to a range of improvements (from less than 5% to 50% or more). We used the average rating ...

Qualitative Benchmarks for the Utilities, Oil and Gas Industry

The utilities, oil & gas industry shows high improvement ratings (rating 4) for customer satisfaction, new products and services, and product/service quality. This reflects the ongoing innovation process of the industry especially around strengthening and broadening the offering – traditionally rig...

Quantitative Benchmarks by Industry

This table shows the benchmark improvements of profit, revenues and cost reduction achieved by industry (median value). The financial, business/IT services, telecom/media industries and utilities have the highest benchmark improvements. Manufacturing is aligned with the overall sample benc...

Quantitative Benchmarks for the Top 3 Use Cases by Industry

Agriculture and Healthcare sectors are the ones that can benefit the most in the near future from BDTs deployment, as the current level of adoption is still very low. Agriculture’s most-cited BDA use case is leading edge in terms of technology application (precision agriculture), indicating an appr...

Quantitative Benchmarks for the Utilities, Oil and Gas Industry

This is a small industry (particularly utilities) of high strategic relevance for the EU economy – one undergoing a profound transformation process involving both digital technologies and core technologies (e.g. the introduction of renewable energy sources). Quantitative benchmarks are aligned with...