With increasing focus on renewables and ongoing pressure from consumers and governments alike to keep service rates down, utilities must pursue strategic goals while keeping an eye on macroeconomic factors that could impact the bottom line.
Inflationary spikes, regulatory changes, and shifts in climate conditions can all undermine years of work and cost businesses millions of dollars in diminished returns or direct losses. While many utilities are trying to stay forward-thinking, they’re often limited by the capabilities of their tech infrastructure. They grapple with legacy systems that are disjointed, difficult to manage, and unable to scale along with the organization.
For users of SAP ECC migrating to SAP S/4HANA, this transition might be a blessing in disguise—an opportunity for utilities to rethink their processes, incorporate better practices, and invest in important future-oriented technologies.
Dedicated Asset Investment Planning (AIP) solutions, in particular, should be incorporated alongside your usage of and migration to S/4HANA to modernize investment decision making, and account for the increasingly complex landscape in which these decisions are made. By integrating modern AIP solutions like Copperleaf, utilities can build this technology into the fabric of S/4HANA, avoiding costly rework later on.
This eBook discusses the benefits of AIP and how its integration with S/4HANA can maximize investment value and support your long-term strategic goals.
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