The UK energy sector faces several IT infrastructure challenges which include:
1. Security: The energy sector is particularly vulnerable to cyber-attacks, as it is a critical infrastructure and an attractive target for hackers. As such, ensuring the security of data and systems is paramount. This includes protecting against outside threats, as well as ensuring access control and data integrity.
2. Compliance: The energy sector is highly regulated, so companies need to ensure their IT systems comply with a range of regulations. This includes the need to demonstrate compliance with standards such as the EU’s General Data Protection Regulation.
3. Connectivity: With the rise of smart meters and other technologies, the UK energy sector needs to ensure it has a high-speed, reliable connection to its customers and other stakeholders. This is essential for efficient operation and to provide the best quality of service.
4. Scalability: The energy sector is undergoing significant change and disruption, so IT infrastructure needs to be agile and able to scale up or down quickly to meet changing demands.
5. Cost: Last but not least, energy companies need to ensure their IT systems are cost-effective. This includes finding ways to reduce costs while still delivering the necessary functionality.
When did you last do a supplier review – where should you focus to create value and reduce cost?