Many industries already benefit from the transformative power of advanced digitalization. Telecommunications, manufacturing, retail, publishing, and others have seen amazing changes in terms of new opportunities, capabilities, and efficiencies. While the energy sector has long embraced IT, it\u2019s on the verge of a digital makeover. \n\nThe dilemma of constantly growing energy demand and the need to address the global climate crisis using increasing amounts of intermittent renewables drives energy companies to make advancements in IT automation and AI, edge computing, and communications. The industry is primed for modernization. \n\nThe future is renewable\n\nGrowth in energy demand is unlikely to change. The U.S. Energy Information Administration forecasts 47% higher global energy demand by 2050.\n\nWhat is changing is where energy will be sourced in the coming years. In 2020, just 29% of the world\u2019s electricity came from renewable sources. But by 2050, as we collectively seek to meet net-zero targets, 90% of the world\u2019s electricity is predicted to come from renewable sources. (Download our infographic to learn more about recent trends.)\n\nThe question now is, \u201cCan the existing grid infrastructure accommodate these changes?\u201d In short, no. Grid modernization is both necessary and overdue. Upgrades must be made to address ongoing changes like the following:\n\nThese changes bring new challenges, but advancements in IT automation, artificial intelligence (AI) and machine learning (ML), and edge-computing capabilities will play a key role. To support these capabilities, we will leverage high-capacity, ultra-low-latency data communications \u2014 particularly 5G and the high-capacity communications service provider (CSP) networks that drive it.\n\nConverging OT and IT \n\nThe energy infrastructure of tomorrow will be far more complex than today, and a convergence of the best attributes of IT and OT is essential for success. To control and harness technology\u2019s potential, utilities will require OT modernization to leverage vast amounts of real-time data. At the same time, IT providers will be required to deliver higher levels of security, safety and resilience. \n\nThe opportunity\n\nAll of this presents a tremendous opportunity for energy industry vendors that can help accelerate digital energy transformation, as well as CSPs that can provide the distributed connectivity needed. Through grid modernization efforts, the energy sector will be in a position to support the evolving needs of the industry more effectively with real-time autonomous edge systems. As high-capacity, ultra\u2011low\u2011latency data communication is needed to transport data from edge to core and back, CSPs have an opportunity to service the energy sector with innovative 5G offerings. \n\nMake it happen with Dell Technologies \n\nDell Technologies is in a unique position to help both OEMs and CSPs make the transition. We are committed to facilitating innovation and collaboration between both sectors to show how 5G networks and data-driven power grids can combine IT agility and OT reliability to realize grid modernization and sustainable energy. See what we\u2019re doing to make a difference with Rogers Business. \n\nWe\u2019re bringing to market a range of use cases from intelligent metering to connected workers, digital substations and more that shift in this direction. And we\u2019re excited to participate in a movement that can have tremendous impact, not just on the energy industry or CSPs, but also the end customers they serve and, ultimately, the planet. \n\nRead our latest eBook and view our energy webpage to learn more about exciting advancements in energy.\n\n\n\n***\n\nIntel\u00ae Technologies Move Analytics Forward\n\nData analytics is the key to unlocking the most value you can extract from data across your organization. To create a productive, cost-effective analytics strategy that gets results, you need high performance hardware that\u2019s optimized to work with the software you use.\n\nModern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI). Just starting out with analytics? Ready to evolve your analytics strategy or improve your data quality? There\u2019s always room to grow, and Intel is ready to help. With a deep ecosystem of analytics technologies and partners, Intel accelerates the efforts of data scientists, analysts, and developers in every industry. Find out more about Intel advanced analytics.\n\n S&P Global Commodity Insights, Global energy demand to grow 47% by 2050, with oil still top source: U.S. EIA, October 2021.\n\n IEA, Global Energy Reviews 2021: Renewables, 2021.\n\n IRENA press release, Fast-Track Energy Transitions to Win the Race to Zero, March 2021.