The POWER Interview: Managing Operations in a Pandemic World
The post The POWER Interview: Managing Operations in a Pandemic World appeared first on POWER Magazine.
Power generation companies, like other businesses, have altered operations due to COVID-19. And it’s more than just having employees work remotely, wear masks, and social distance.
Managing data and documents with new protocols in place is critical to any asset-intensive industry, and electricity providers are no different. The Kinsmen Group, an engineering and information management firm, cites a recent report noting how the global digital asset management market reached a value of $ 3.4 billion in 2019, and how that market is expected to grow to $ 8.5 billion by 2025.
The group says this growth is caused by two major factors: the continued trend toward digitization, and increasing adoption of cloud-based services.
The Kinsmen Group told POWER its team has seen problems arise for businesses due to the pandemic, as companies alter their traditional way of doing things.…