Digital technologies and tools have become a critical driver of business performance. While digital technologies have been reshaping the energy systems for decades, the combination of rapid progress in and declining costs of sensors, data storage and transmission, and analytics has dramatically increased the business potential of digital technologies, which turns out digital competencies to be vital for any business.
This module draws on up-to-date knowledge concerning digital technologies applied to the energy business, especially renewables, smart grids, energy efficiency and digital business models in energy-related companies.
The module aims to give participants latest knowledge regarding the role of digital technologies as a source of new business opportunities in energy-related industries while helping them to transform this knowledge into managerial implications. In so doing, this module not only covers the latest digital technologies applied to energy-related businesses but also adopts a forward-looking perspective to explore how emerging trends in digitalisation, such as blockchain and cybersecurity, may enable new business opportunities and reshape energy ecosystems soon.
The module is part of our Executive MBA program, but it is possible to do the module as separate studies.
| After being part of the module, participants will be able to: | |
| Remember | The fundamental concepts regarding the threats and opportunities associated with the digitization in energy businesses as well as the potential of disrupting smart technologies such as blockchain and cybersecurity |
| Understand | The applications of the digitization in energy businesses |
| Apply | Different analytical tools and frameworks to his / her company settings. |
| Analyze | How digitalization, in its different levels and forms (smart technology, sensors, software, cybersecurity and block chain), impacts on the manner of doing business in the energy industry |
| Evaluate | The impact of digitization on the manner of doing business in the energy industry, with special emphasis on the emergence of novel digital- and service-based business models. |
| Create | A roadmap comprising the important recommendations that will allow her/his organization to formulate and push forward a digital strategy. |
”This module delivers a future-oriented exploration on the transformative effects of digitalization within the energy industry. It comprehensively explores digitalization across various dimensions, including smart technology, sensors, software, cybersecurity, and blockchain. The course places particular emphasis on the evolving landscape of business practices in the energy industry, highlighting the emergence of innovative digital- and service-centric business models.”
Prof. Miadreza Shafiekhah, Scientific Director Energy Business eMBA
