Electricite de France - Digital Transformation Strategies

Electricite de France SA (EDF) is an integrated electricity company. It has operations in the generation, transmission, distribution, energy supply, trading, energy services and other related services. The company produces electricity using nuclear, hydro, gas, fuel oil, coal, and renewable sources. EDF also carries out hydrocarbon exploration and production, waste recovery, gas supply, provides energy and environmental services, and manages heating and cooling networks, produces renewable energies, and industrial utilities. The company serves various residential, commercial, industrial, local authorities, companies, and professionals in Africa, Asia, North America, Europe, and other regions.

EDF Innovation Lab works in partnership with institutes, financial, and startup organizations across North and South America to find disruptive technologies and form local partnerships, and to effectively expand into new markets, businesses, and services.

EDF Pulse collaborates with start-ups, small office/home office (SOHOs), and SMEs to co-develop innovative solutions. The innovation body assists startups in accessing new markets, financing, and helps in the development of novel solutions.

In July 2017, EDF Energy joined Cisco and UCL Engineering in their partnership with IDEALondon, a post accelerator workspace empowering tech start-ups.

EDF Energy's Blue Lab is an innovation accelerator that promotes transition to a sustainable, low carbon environment through the development of new technologies and business models. It works in collaboration with startups, internal teams, universities, and consumers to bring ideas to life by offering access to industry expertise, customer insight, mentoring, coaching and prospective to test and validate products with the customers.

This report provides insight into EDF's digital activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Scope

• EDF Energy has a long-standing partnership with Tata Consultancy Services (TCS) for maintenance and application services, and transforming its business operations by introducing significant changes in its back-office operations, front office customer contacts, and overall IT activities. TCS also implemented cloud platform for EDF Energy's back-office operations and laid out its digital roadmap for co-innovating with the customer by relying on agility, automation, analytics, and cloud technologies.
• EDF Energy continued to improve its digital offerings, while its app penetration has increased from 17% to 33% over the course of 2020. EDF targets startups that share similar mission and vision in power sector and provides them with an open innovation platform to get their ideas operational, and boost product and solution development.
• EDF's innovation accelerator Blue Lab developed PowerShift, cloud-based energy trading, monitoring, and control platform that enable customers to manage and monetize their energy assets. EDF is leveraging cloud technology from Amazon by implementing WorkSpaces across their IT systems, to keep their employees and customers connected during COVID-19 pandemic.

Reasons to Buy

• Gain insights into EDF's tech operations.
• Gain insights into its digital strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into various product launches, partnerships, and acquisition strategies.