Data security is the leading barrier to adopting innovative technologies

If it is clear that, large utility enterprises expressing willingness to adopt innovative technologies such as IoT, robotic, and wearable solutions, but data security is a great concern to adopting innovative technologies.

“Technological transformation on energy as in the deployment of smart meters, sensors, and other IoT devices embedded into energy infrastructure, presents potential security vulnerabilities such as cyberattacks and threats from hackers, which have the potential to cause catastrophic results,” says Raquel Artes, Industry Analyst at ABI Research.