Enel S.p.A - Enterprise Tech Ecosystem Series

Enel S.p.A. (Enel) is an integrated electricity and gas company that produces, distributes, and trades electricity and natural gas. The group generates electricity using diverse sources of energy such as nuclear, renewables, oil and gas turbines, coal, and gas combined cycle. It is also digitizing electricity grids in emerging markets. In partnership with research centers, scientific institutions, and universities, Enel develops technologies and solutions for improving energy efficiency, distributed generation, and integrating renewable sources. The company has an operational presence in Europe and other global markets.
Enel Green Power founded the Passo Martino Innovation Lab to introduce new solutions that can combine the power of renewable technologies with big data, Internet of Things, artificial intelligence and augmented reality.

Enel launched its first startup accelerator program in Israel. The accelerator is focused on promoting the technologies for its sustainable energy business.

Enel X and Mastercard Europe under their on-going Joint Venture launched the FinSec Innovation Lab that collaborates with financial technology and cybersecurity startups by providing them with technical infrastructure, knowledge, and expertise to perform innovations in fintech and cybersecurity for the payments and energy ecosystem globally.

This report provides insight into Enel S.p.A's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Scope

• Enel has been using a wide range of digital solutions to bring disruptive changes in its business processes. The company has signed strategic partnership agreements with several technology firms to boost innovation and improve business operations
• Enel revealed its strategic plan for 2022-2024, where 63% of the investments will be dedicated to enhance the efficiency and quality of the service, of which 13% is to be used for grid digitalization. The company aims to digitalize its 100% grid customers by 2030.
• Enel launched Enel X as one unified brand that focuses on development of innovative technologies, digital products, and services in energy sector.
• Enel's subsidiary, eMotorWerks created a digital JuiceNet platform that manages charging of e-vehicles.
• Enel is simplifying customer interactions using digital tools such as Salesforce interface.
• Enel announced its plan to open Enel Innovation Hubs and Labs global network.

Reasons to Buy

• Gain insights into Enel S.p.A's tech operations.
• Gain insights into its tech strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into various product launches, partnerships, investments and acquisition strategies.