Mark Sheppard formed his first software company with a mate back in the ’80s. The two 14-year-olds growing up outside the city of Oxford in England, had programmed an adventure game and sold 15 copies—they were pretty happy!
“For many people, the power industry appears stable on the surface. However, a lot of changes have happened in the past five years - new technologies, especially digital technology, have come on stream; more renewable energy is coming online; and customers are also demanding empowerment. This will impact all players in the industry.”
The introduction of big data analytics has helped the industry improve on its efficiencies, facilitating industry players to reduce downtime and optimise resources. General Electric (GE), for example, has presented various digital industrial solutions.