How digital is the Power & Utilities industry?
Here’s what we learned from our Digital IQ respondents:
- The Power & Utilities industry lags in Digital IQ. Just over half (55%) of Power & Utilities executives rated their companies as having a strong or very strong Digital IQ, compared with an average rating of 63%.
- Power & Utilities companies worry about keeping pace. 81% of Power & Utilities companies were extremely or very concerned about their ability to quickly understand and adopt the digital technologies needed to be competitive.
- Strongest CIO-CMO relationship of all industries. Power & Utilities companies lead in this key indicator, with 61% saying they have a strong CIO-CMO relationship, which is important for success in customer-facing digital initiatives.
6th Annual Digital IQ Survey