National Grid plc - Enterprise Tech Ecosystem Series

National Grid plc - Enterprise Tech Ecosystem Series

Summary

National Grid Plc (National Grid) is an energy transmission and distribution company, which supplies electricity and natural gas. The company owns and operates electricity and gas transmission and distribution networks; and also serves as a transmission owner and system operator. National Grid offers installation and maintenance services to LNG suppliers and electricity metering; build and operates electricity inter-connectors; and performs insurance and corporate activities along with LNG storage activities. It operates as an energy monopoly entity regulated by the Office of Gas and Electricity Markets (Ofgem). The company has operations in the UK and the US.

The report provides information and insights into National Grid's tech activities, including -

• Insights of its digital transformation strategies and innovation programs
• Overview of technology initiatives covering partnerships, product launches and acquisitions
• Insights on each technology initiative including technology theme, objective, and benefits
• Details of estimated ICT budgets and major ICT contracts

• National Grid adopted a cloud strategy to simplify and streamline its procurement operations, as previously the company relied on complex, aging systems.
• National Grid Partners is the in-house venture capital arm that invests in disruptive technologies including AI, data security and cybersecurity, smart assets, voice recognition, big data, enterprise SaaS, and distributed energy marketplaces.
• National Grid has incorporated artificial intelligence to improve solar generation forecasts.

• Gain insights into National Grid's tech operations.
• Gain insights into its tech strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into various product launches, partnerships and acquisition strategies.