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Avangrid Committed to 'Leading in Digital' During Fourth Annual Digital Summit, Showcasing Technologies Advancing the Energy Sector
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, recently welcomed 13 leading technology providers to its headquarters for its fourth annual Digital Summit to showcase the latest disruptive strategies that are driving innovation in customer service, smartgrids, operations, and renewable energy. This year's theme was 'Leading in Digital' and highlighted a shared commitment to accelerating the clean energy transition, digitizing the electric grid, pioneering new technologies, and advancing the energy transition. "At Avangrid, we are leading the way toward a cleaner, brighter energy future to improve the lives of the people we serve. This transformation requires a focus on innovation," said Pedro Azagra, Avangrid CEO. "I am happy to see many of Avangrid's many technology partners at our annual Digital Summit, which has become an exceptional forum for learning, networking, and exchanging ideas that will move our industry and company forward." The two-day event included professionals from organizations like Accenture, Amazon Web Services, Deloitte, Ernst & Young, ESRI, IBM, Microsoft, NTT Data, Salesforce, SAP, Schneider Electric, and Wipro. Partners hosted innovation workshops, known as TechShows, to demonstrate their latest digital products and services. These solutions, incorporating cutting-edge technologies such as advanced analytics, artificial intelligence, machine learning, and robotics, were analyzed for a variety of use cases to solve challenges in customer service, smart grids, operations, and renewable energy. "This is a tremendous annual event at Avangrid that demonstrates our commitment to driving innovation and being a digital leader in the utility sector," said Nelly Jefferson, Avangrid Chief Information Officer. "I am thrilled to participate for the first time this year to see how the next great technologies will contribute to Avangrid accelerating the energy transition." Avangrid is a recognized clean energy innovator and invests heavily in energy innovation projects. These investments have produced results across Avangrid's business. For example: "Digital technologies are the linchpins in modernizing utility infrastructure to meet demands in an evolving decarbonized energy system," said Lauren Bell, Global Client Service Partner, Ernst & Young LLP. "Our collaboration with Avangrid underscores our commitment to harnessing innovative digital solutions that drive efficiency and resilience while also supporting a sustainable and secure energy future." "For utilities, AI is enhancing the efficiency of processes like workforce management and scheduling, which can, in turn, accelerate regulatory processes and improve customer service," said Caroline Roche, Vice President and Senior Partner, Energy Industry Leader for IBM Consulting. "Through generative AI advancements, enterprises can now unlock more value from their data -- from driving productivity to enhancing energy delivery to customers. IBM is dedicated to supporting utilities' digital transformation by building trust in AI systems, minimizing risks, and maximizing the value of data." "One more year Avangrid creates a space for innovation and sharing the solutions that can address, through technology, today's and tomorrow's challenges in the utility industry," said Antoni Massó, Managing Partner, Energy & Utilities, NTT DATA. "In this edition, NTT DATA brought advanced engineering solutions like BIM (Building Information Modeling) for the end-to-end management of assets, Generative Design that brings AI to engineering tasks, a GenAI approach to creating rate cases, and our Virtual Assistant solution, eVA, that digitalizes customer service." "As an IT Leader, new technology is always exciting for me," said Mansur Ali Mohammed, Director of IT Architecture, Digital & Innovation at Avangrid. "Seeing use cases demonstrating real life application of these technologies, solving business problems, and driving business value really helps bring these technologies to life. Our digital transformation is a journey, not a destination. We must continue to challenge ourselves and our processes to work smarter and continually evolve to become the utility of the future." About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $47 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies - a ranking of America's best corporate citizens - in 2024 for the fourth consecutive year. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.'s Sustainable Development Goals and was named among the World's Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
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Avangrid Committed to ~Leading in Digital' During Fourth Annual Digital Summit, Showcasing Technologies Advancing the Energy Sector By Investing.com
13 leading technology providers gathered at Avangrid (NYSE:AGR)'s Connecticut headquarters to demonstrate disruptive strategies to drive digitization and innovation in the energy industry Watch a video recap of the Digital Summit here. ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola (OTC:IBDRY) Group, recently welcomed 13 leading technology providers to its headquarters for its fourth annual Digital Summit to showcase the latest disruptive strategies that are driving innovation in customer service, smartgrids, operations, and renewable energy. This year's theme was ~Leading in Digital' and highlighted a shared commitment to accelerating the clean energy transition, digitizing the electric grid, pioneering new technologies, and advancing the energy transition. At Avangrid, we are leading the way toward a cleaner, brighter energy future to improve the lives of the people we serve. This transformation requires a focus on innovation, said Pedro Azagra, Avangrid CEO. I am happy to see many of Avangrid's many technology partners at our annual Digital Summit, which has become an exceptional forum for learning, networking, and exchanging ideas that will move our industry and company forward. The two-day event included professionals from organizations like Accenture (NYSE:ACN), Amazon (NASDAQ:AMZN) Web Services, Deloitte, Ernst & Young, ESRI, IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), NTT Data, Salesforce (NYSE:CRM), SAP, Schneider Electric (EPA:SCHN), and Wipro (NYSE:WIT). Partners hosted innovation workshops, known as TechShows, to demonstrate their latest digital products and services. These solutions, incorporating cutting-edge technologies such as advanced analytics, artificial intelligence, machine learning, and robotics, were analyzed for a variety of use cases to solve challenges in customer service, smart grids, operations, and renewable energy. This is a tremendous annual event at Avangrid that demonstrates our commitment to driving innovation and being a digital leader in the utility sector, said Nelly Jefferson, Avangrid Chief Information Officer. I am thrilled to participate for the first time this year to see how the next great technologies will contribute to Avangrid accelerating the energy transition. Avangrid is a recognized clean energy innovator and invests heavily in energy innovation projects. These investments have produced results across Avangrid's business. For example: "Digital technologies are the linchpins in modernizing utility infrastructure to meet demands in an evolving decarbonized energy system," said Lauren Bell, Global Client Service Partner, Ernst & Young LLP. "Our collaboration with Avangrid underscores our commitment to harnessing innovative digital solutions that drive efficiency and resilience while also supporting a sustainable and secure energy future." "For utilities, AI is enhancing the efficiency of processes like workforce management and scheduling, which can, in turn, accelerate regulatory processes and improve customer service," said Caroline Roche (LON:0QQ6), Vice President and Senior Partner, Energy Industry Leader for IBM Consulting. "Through generative AI advancements, enterprises can now unlock more value from their data" from driving productivity to enhancing energy delivery to customers. IBM is dedicated to supporting utilities' digital transformation by building trust in AI systems, minimizing risks, and maximizing the value of data." One more year Avangrid creates a space for innovation and sharing the solutions that can address, through technology, today's and tomorrow's challenges in the utility industry, said Antoni Massó, Managing Partner, Energy & Utilities, NTT DATA. In this edition, NTT DATA brought advanced engineering solutions like BIM (Building Information Modeling) for the end-to-end management of assets, Generative Design that brings AI to engineering tasks, a GenAI approach to creating rate cases, and our Virtual Assistant solution, eVA, that digitalizes customer service. As an IT Leader, new technology is always exciting for me, said Mansur Ali Mohammed, Director of IT Architecture, Digital & Innovation at Avangrid. Seeing use cases demonstrating real life application of these technologies, solving business problems, and driving business value really helps bring these technologies to life. Our digital transformation is a journey, not a destination. We must continue to challenge ourselves and our processes to work smarter and continually evolve to become the utility of the future. About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $47 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies " a ranking of America's best corporate citizens " in 2024 for the fourth consecutive year. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.'s Sustainable Development Goals and was named among the World's Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
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Avangrid, a leading sustainable energy company, hosted its fourth annual Digital Summit, bringing together 13 top technology providers to demonstrate cutting-edge solutions in customer service, smart grids, operations, and renewable energy.
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, recently held its fourth annual Digital Summit at its headquarters in Orange, Connecticut. The event, themed 'Leading in Digital,' brought together 13 leading technology providers to showcase innovative strategies driving advancements in the energy sector 12.
The two-day summit highlighted Avangrid's commitment to accelerating the clean energy transition, digitizing the electric grid, and pioneering new technologies. Pedro Azagra, Avangrid CEO, emphasized the importance of innovation in transforming the energy landscape, stating, "At Avangrid, we are leading the way toward a cleaner, brighter energy future to improve the lives of the people we serve. This transformation requires a focus on innovation" 1.
Participating organizations included industry giants such as Accenture, Amazon Web Services, IBM, Microsoft, and Salesforce. These partners hosted innovation workshops, known as TechShows, to demonstrate their latest digital products and services. The solutions presented incorporated advanced technologies such as:
These technologies were analyzed for various use cases to address challenges in customer service, smart grids, operations, and renewable energy 2.
Caroline Roche, Vice President and Senior Partner, Energy Industry Leader for IBM Consulting, highlighted the role of AI in enhancing utility operations: "For utilities, AI is enhancing the efficiency of processes like workforce management and scheduling, which can, in turn, accelerate regulatory processes and improve customer service" 1.
Lauren Bell, Global Client Service Partner at Ernst & Young LLP, emphasized the crucial role of digital technologies in modernizing utility infrastructure: "Digital technologies are the linchpins in modernizing utility infrastructure to meet demands in an evolving decarbonized energy system" 2.
Avangrid is recognized as a clean energy innovator, investing heavily in energy innovation projects. Nelly Jefferson, Avangrid's Chief Information Officer, expressed enthusiasm about the event: "This is a tremendous annual event at Avangrid that demonstrates our commitment to driving innovation and being a digital leader in the utility sector" 1.
Mansur Ali Mohammed, Director of IT Architecture, Digital & Innovation at Avangrid, stressed the ongoing nature of digital transformation: "Our digital transformation is a journey, not a destination. We must continue to challenge ourselves and our processes to work smarter and continually evolve to become the utility of the future" 2.
As Avangrid continues to lead in digital innovation, the annual Digital Summit serves as a platform for exchanging ideas and showcasing technologies that will shape the future of the energy sector.
Reference
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Avangrid, a leading sustainable energy company, has been awarded the 2023 Security Partnership Award by the Fusion Center Association for its collaboration with the Connecticut Intelligence Center (CTIC).
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Pacific Gas and Electric Company's upcoming Innovation Summit will feature cutting-edge AI and climate-tech solutions, including AI for nuclear power, advanced robotics for utility undergrounding, and long-duration energy storage technologies.
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National Grid Partners announces a $100 million investment commitment to AI startups in the energy sector, aiming to develop more efficient and resilient power grids. The initiative includes a strategic investment in Amperon, an AI-powered energy forecasting company.
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Pacific Gas and Electric Company (PG&E) has announced speakers and opened registration for its 2024 Innovation Summit, set to take place on November 13. The event will focus on wildfire safety technologies and grid innovations.
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KKR has finalized its acquisition of Avantus, a leading renewable energy company. Simultaneously, Avantus closed a $522 million development facility to support its project pipeline, marking a significant milestone in the renewable energy sector.
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