Transformative changes in the energy industry are creating both challenge and opportunity for utilities. Unprecedented demand in worldwide power needs, the introduction of renewable generation resources, and tougher environmental regulations are upsetting conventional business models and forcing power providers to rethink how they manage the power supply and their relationships with customers. "The power utility world used to be very stable, with business and technology cycles lasting decades," says Andreas Umbach, President and CEO of Landis+Gyr, a Toshiba-owned global industry leader in energy measurement and metering solutions for electricity, gas and water utilities, with a presence in over 30 countries. "Now, these changes are accelerating a very classical industry."
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