By Shelley Copsey, CEO at FYLD
In the final instalment of this series, I tackle the third stage of digitising operations for the water sector, and how this affects the safety, productivity and compliance of workers and organisations.
Read on to discover how true digitisation can be achieved in a simple, AI-driven way for the water industry…
Customers at stage three – digitisation as the new way of running your business
There are few water utilities that have truly reached stage three of digitisation, where technology is a key enabler and integrated into organisational strategy, and are familiar with using AI to drive business analytics and processes. But there are a high number of water utilities who have emerging ambition to reach this stage.
At FYLD, we have found that generative AI (GenAI) in particular is helping water utility executives understand in depth – and rapidly – the promise of AI to the organisations they lead.
Customers at stage three of digitisation have centralised data platforms, with deep integrations between core operational systems, eliminating data silos. These platforms enable a bi-directional flow of information, both through operational processes (from the field to remote management, and vice versa) and across functions (from field workforce team stakeholders or finance, to sustainability functions).
The customers we see in this space have line of sight to a much larger productivity dividend than the typical 8-12% gain a FYLD deployment will achieve in around six weeks. They see benefits such as:
Customers in this stage of digitisation truly understand how GenAI can drive previously unavailable operational dividends. From end of month rapid insight into operational outcomes and areas of focus on, to surfacing the right piece of process information to the field worker just when they need it (without the extra 285 pages of the process that they don’t need), organisations at stage three are already experimenting with this game changing technology.
Economic conditions and labour shortages are causing every water utility to reassess their progress towards being a truly digital organisation. Importantly, this process does not need to be linear – simple, user centric platforms like FYLD enable water utilities to accelerate their journey without needing big, expensive and slow software system deployments like a new ERP or CRM.
In considering how to leapfrog along the digitisation journey, my recommendation is that water utility executives consider:
I urge water utilities to prioritise taking more meaningful steps forward, at pace, and be forgiving of themselves that some things will go wrong – knowing that, very quickly, a lot of things will start to go right as the dividends of digitisation begin to flow.You can read my thoughts on transforming the water sector with AI in the other blogs in this series – part one and part two.