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What’s happening in Utilities?

Privacy & Cyber Security

  • Security and regulatory compliance remain front-of-mind4 in the utilities sector
  • As the networks expand, so do their vulnerabilities, making the need for security—both physical and cyber—of paramount importance to utilities4
  • New tools to secure the grid: the more distributed the grid gets, the more entry points exist for cybersecurity threats2
  • “Technology has enabled a greater amount of interconnectivity with things like IoT and edge devices to manage operations,” says Stefan Wolf (Utilities Industry VP at SAP). “This opens more ways for potential bad actors to access systems”2
  • A growing number of industry players are expected to derive revenue from services and energy data collected with the increased use of smart meters and connected assets, so utilities companies must be vigilant about data privacy and cyber security1

Secure grid stability and resiliency

  • Energy utilities need to ensure grid stability in the face of supply and demand peaks caused by factors like microgeneration and digital mobility, while continuing to meet new regulatory and reporting requirements1
  • Improving resiliency: New and innovative approaches to support resiliency while adding more distributed energy resources (DER) and new loads to the electric grid are being considered to avoid potential issues associated with the shift from centralized power generation to a more decentralized grid3

Increased focus on sustainability, driving the renewable transition

  • As the energy sector shifts to solar, wind and other renewable sources, forward-looking utilities are using new technologies to ease the transition2
  • Energy providers must balance supply and demand with the global mandate to reduce carbon emissions and the growing demand for renewable energy sources1
  • Consumers are becoming ‘prosumers’. The utilities sector is also experiencing the emergence of digital energy ‘prosumers’ – businesses or people who are both consumers and producers –> generate their own energy1
  • The surge in demand for advanced technology, smart cities, and electric mobility is converging with the growing demand for renewable energy sources and sustainability.1
  • Investments in electricity supply and clean energies have surpassed investments in oil and gas, and that gap is expected to continue widening in the coming years1

Accelerated Shift to Digital

  • Discovering value through data: Complex business decisions and energy use changes require insights from data and analytics and involve a more deliberate effort to collect, store, converge, and analyze data to support decision-making3
  • Real-time data analytics offers incredible potential for the utility sector — from reducing outages and maintenance costs to improving demand response.
  • Advanced analytics capabilities are needed to support technologies like the Internet of Things (IoT) and Robotic Process Automation (RPA). It’s not just about amassing more data. It’s about being able to analyze that data and predict future events.” 2
  • Transform but maintain focus on costs: Continued focus on cost – reduce costs1

How Power10 helps?

Artificial Intelligence

  • AI use cases for banking cover customer facing as well as middle- (e.g. AML) and back-office functions (finance / procurement)
  • The built-in inference engine on Power10 brings AI closer to your data to reduce cost and complexity5
  • Matrix Math Accelerators provide an alternative to external accelerators and GPUs for execution of statistical machine learning and inferencing8
  • Reduces costs of separate AI infrastructure9
  • Avoids latency associated with moving data for inferencing2
  • Delivers faster business insights by running AI “in place”6
  • 5x faster AI inferencing per socket over the IBM Power E9807
  • Create models anywhere with ONNX, run Python® and code with Tensorflow, PyTorch or XGBoost5.

 

Sustainability

  • The global focus on sustainability is growing; sustainable computing helps banks reduce energy consumption and costs
  • Up to 3x greater energy efficiency and workload capacity than POWER911
  • Data centers running Power10 require less cores, and therefore power, to deliver the same or more compute capability than other platform6
  • Lower energy consumption by 33% for the same workload over Power E9807
  • 52% lower energy consumption for the same workload over Power E880C7
  • 4.1X more containerized throughput per core running Red Hat OpenShift applications than compared x867
  • Designed to support up to 3x increases in users, workloads and OpenShift container density for hybrid cloud workloads as compared to IBM POWER911

 

Resiliency

  • Accelerated digitisation and expectation of 24/7 access make enterprise resilience a necessity for banks
  • Power has been leading the industry in infrastructure reliability with 25% lower downtime vs. comparable high-end servers2
  • The Power10 processor can automatically detect, isolate, and recover from soft errors without an outage or without relying on the operating system to manage faults and self-heal recoverable errors10
  • Maximize reliability and availability with Open Memory Interface (OMI) attached memory DIMMs2
  • Power10 DIMMs deliver 2X better memory reliability and availability than industry standard DIMMs2
  • Most flexible and reliable SAP HANA platform7
  • Ranked most reliable server in its class for 12th year by ITIC7

 

Security

  • Banks face constant security challenges; this is exacerbated further by the threat of potential fines from data breaches
  • Transparent in-memory encryption simplifies protection without impacting performance1
  • 4x more crypto engines in every core compared to POWER97
  • Support anticipated future encryption protocols like quantum-safe cryptography and fully homomorphic encryption2
  • Encrypt much faster => 2.5X faster crypto performance per core vs. Power E9807
  • Memory encryption without performance degradation – as opposed to software-based memory encryption10
  • Encryption at silicon level => no additional management setup2 and avoid buying more software licenses

 

Hybrid Cloud

  • Hybrid Cloud is a key enabler of agility, efficiency & business transformation for banks; pressure to modernise legacy
  • Power10 is designed to help you scale efficiently with consistent pay-for-use consumption across private and public cloud1; flexibility to deploy to the optimal location for your organisation
  • Consistent architecture across Power Private Cloud & Power Virtual Server: Flexibility to deploy where you want without requiring additional middleware and application re-factoring2
  • PowerVC provides on-prem enterprise virtualization management => enabling administrators to quickly provision new virtual machines in minutes and give real time visibility and control3
  • Frictionless consumption & built-in cost optimization4 to drive operational efficiency

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