Vector Limited - Enterprise Tech Ecosystem Series

Vector Limited - Enterprise Tech Ecosystem Series

Summary

Vector Limited. (Vector), is a subsidiary of Entrust NZ, is a utility network provider. The company offers power and telecommunication services. It distributes electricity and gas in Auckland; stores and processes and sells natural gas and LPG; and deploys electricity and gas meters to homes and businesses across the country. Vector maintains and installs fiber optic cables, and offers cloud based and Internet services. It owns fiber cable network in Auckland, Christchurch, Wellington, Tauranga, Hamilton, Napier/Hasting, and New Plymouth. The company serves gas-fueled power stations, industrial, commercial, and domestic customers across the country.

In 2016, Vector joined hands with Energy Excelerator, a cleantech incubator, to gain access to latter’s portfolio of cleantech companies and innovative solutions. Energy Excelerator is a start-up program that helps innovative companies with access to funding up to $1M, strategic partnerships, and ecosystem of partners.

The report provides information and insights into Vector Limited'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

• Vector is pursuing its vision of creating a new energy future over the past few years and collaborated with global technology companies and thought leaders who share a similar view that innovation and digitalization can help meet future needs of energy systems and fast-evolving customer demands.
• Vector has seen notable improvements in network availability over the past year and continued its innovation in work practice and technology across teams and its Field Service Providers.
• Vector is proactively deploying data analytics to identify and prevent power outages. For instance, it is using acoustic testing technology to speed up inspections of power poles and using LiDAR technology to scan power lines for potential problems with trees.

• Gain insights into Vector Limited'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.