IFS Global Utilities survey 2024

Digitalization and green goals driving transformation.

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IFS Global Utilities Survey 2024

IFS surveyed over 800 C-level executives from utilities across Europe, North America, the Middle East, and Australia to explore critical trends, challenges and strategic priorities. The report explores the current state, drivers, inhibitors and future outlook of the utilities industry as they progress on their digital transformation journey.

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"The IFS utility survey shows there is a real thirst amongst utilities to start looking at more effective management of their infrastructure assets. As per the survey there’s already just under 50% of utilities that are investing in AI for their CIS and EAM solutions with just as many investing in more energy efficient assets and infrastructure. Industrial AI is well placed to help those 85% of utilities who want to make the transition from labour intensive work practices to more flexible and responsive maintenance techniques, which will also allow better balancing of risk, performance, and cost to provide the level of service expected of them."

Jon Mortensen, CTO, EAM, IFS.

Highlights: Global Utility Survey 2024

100% of utilities globally have initiated digital transformation, but only 20% have completed it. Explore drivers, inhibitors and key trends for utilities’ digital transformation as captured in the recent IFS 2024 Global Utility Survey.

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