Cristian Secosan, CEO Siemens Romania and Moldova: We will manage huge amount of data in the upcoming years and R&D will be a front-runner in achieving this

“The founders of Siemens company once said that any given company must not only be oriented towards maximizing profit but also serve society through everything it does, either solutions or products. I consider that digitalization is one of the enablers in contributing to serve the society”

The statement has been uttered by Cristian Secosan, CEO Siemens Romania and Moldova, within the recently held e-conference DIGITAL TRANSFORMATION CONFERENCE in ENERGY & UTILITIES organized by The Diplomat-Bucharest, bringing together leaders spearheading digital initiatives in their organizations.

Throughout the energy chain, process flows and operations are undergoing change under the common denominator of connectivity.

The estimates show that the data volume will reach 175 zettabytes by 2025. In order to manage his huge amount of data, we will need to have in place the proper technology and that’s why the R&D field will play a major role in achieving this. At the level of company, we have more than 500 people involved in different digitalization jobs and projects and also as part of a statistics, we have around 14 million different equipment connected and over 500 digital offers distributed. Few people know but Siemens is a top 10 company in the software providers ranking.

DIGITAL TRANSFORMATION CONFERENCE in ENERGY & UTILITIES organized by The Diplomat-Bucharest on May 7th tackled the ways in which digitalization and innovation drive the emergence of a digital utilities business. The urgent need to understand, integrate and get updated with the new technologies is evident for any organization. Big data, meter data, cloud, Internet of Things, omnichanneling, smart metering are not anymore new concepts but daily working tools and the enablers of digital transformation for utilities.

The e-conference benefited from the support of  Gold Partners Siemens, MET, Horwath & Partners, Kaspersky, SAS, Partners Sea One, Wave and supporting institutions ANRE, CIO Council, ANIS (the Employers’ Association of the Software and Services in Romania), ACUE (Federation of Associations of Energy Utility Companies), AFEER (Association of traders with electricity in Romania), ARPEE (Romanian Association for the Promotion of Energy), Romanian National Committee  of CIGRE, ClujIT, World Energy Council.

The e-conferences, powered by The Diplomat-Bucharest, are a brand new media product, designed to deliver easy and fast, directly to the core audience, the valuable insights of senior figures, experts and the most known specialists in the strategic industries, to discuss  the most pressing aspects in today’s economy landscape.