There’s no shortage of data in the utility industry. What is in short supply are experts who have the insider knowledge to help utilities thrive in the future by unlocking the full potential of their data today.
As the only full-service SAP consulting and solutions company focused exclusively on utilities, Utegration can position your company to capitalize on advances in artificial intelligence, machine learning, smart grid technologies, IoT, and the future of customer experience.
Aug 5, 2022
The year 2022 is shaping up to be one of rising interest rates following near zero rates during the pandemic. The implication for pure-play regulated utilities is increasing borrowing costs for construction of new assets to the rate base. As interest rates rise, utility income will be hurt by higher debt financing because utilities compete for capital from bond investors who are attracted to rising yields. And higher debt service costs lowers returns to shareholders, at least in the short term.
May 24, 2022
Welcome back to our Customer Newsletter Series, "How Ready are You for the Future?" In Part 1 in the series, we described the Infrastructure Investment and Jobs Act (IIJA) as Utegration sees it – a once-in-a-lifetime opportunity to accelerate utility improvements and transformation. The objective of the article was to start the conversation about your utility's readiness to meet and deliver on this opportunity.
Nov 2, 2021
For many years, utilities, energy companies and other asset-intensive businesses on SAP ECC have had to look outside the ERP to manage fixed asset accounting. Some core asset accounting functions were not delivered in the ERP—specifically, to construct, depreciate, and retire assets—so customers had little choice but to run an external asset accounting solution. In this scenario, the typical practice has been to move data from the ERP, into the external solution, and then back again to the ERP for posting to the general ledger.
Sep 3, 2020
Public utilities provide essential and critical services to consumers, businesses, and societies. These services require advanced technologies and intensive investments. To ensure the high quality of services, public utilities are encouraged to continuously invest in utility assets; and within the investment, a large portion is to retire or replace aging assets.
Sep 27, 2019
Utilities are an asset-intensive industry. Capital investment is not only the revenue driver for utility enterprises, but also ensures safety, reliability and affordability to sustain high quality energy in our daily lives.