WASHINGTON, Nov. 8, 2017 /PRNewswire-USNewswire/ -- Cloud for Utilities hosted the inaugural Cloud for Utilities Summit at the Mayflower Hotel in downtown Washington, D.C.
Cloud for Utilities (@Cloud4Utilities) is an educational organization focused exclusively on cloud business models for the utility industry.
This year's summit focused on pressing industry issues, including, but not limited to: cybersecurity, legal considerations, regulatory and financial issues, the cloud decision-making process, cloud-to-cloud integration, and more.
Additionally, a number of companies made major announcements regarding cloud services, which can be seen here.
WHO:
Co-Founders & Managing Directors:
Amos Snead, Partner, S-3 Public Affairs
Rick Cutter, Managing Partner, AAC Utility Partners
Sponsors:
Platinum: AAC Utility Partners, Oracle Utilities, SAP, Vertex, Wipro
Gold: Aerstone, Level One, Harris
Silver: Itineris, Infosys
Media Sponsor: Zpryme
Utility companies:
Baltimore Gas and Electric
DC Water
Exelon
Golden State Water Company
Liberty Utilities
Madison Gas & Electric
Pennsylvania Power and Light
Philadelphia Gas Works
PPL EU Services Corp
San Gabriel Valley Water
Southern California Edison
Union Gas
Washington Gas
WHAT:
- Keynote speaker Chad Sweet (Co-Founder & CEO, The Chertoff Group) delivered a presentation on the growing need for top tier security strategies in an evolving cyber landscape, citing that only two-thirds of current directors report having knowledge of the risks of a security breach. He also mentioned that cybersecurity regulation is not a matter of "if," but "when," and therefore, now is the time for utilities to adopt modern technology.
- The crowd was also joined by DC PSC Commissioner Willie Phillips (@wlphillips) for a presentation on a regulator's perspective on cloud services, in regard to their eligibility to earn a rate of return. Commissioner Phillips notably emphasized that the cloud business model must change, and tools like cloud computing will be the main driver of these changes.
- SCE announced its plans to work with SAP to move the majority of its systems to the cloud.
**Additional sessions here.
ALSO: Plans for the Fall 2018 Summit in Washington, D.C. will be released in January 2018. For more information please contact DaphneS@CloudforUtilities.org.
Media Contact:
Alyson Chwatek
732-995-3004
Chwatek@S3PublicAffairs.com
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SOURCE Cloud for Utilities
