Centrica Plc - Digital Transformation Strategies

Centrica plc (Centrica) supplies gas and electricity to retail consumers and businesses. Apart from supplying gas and electricity to retail customers, the company offers a range of home services and solutions, including installation of electric vehicle charge points, smart meters, and central heating systems, and a variety of on-demand services such as home improvements, service, and repair. Centrica offers additional services to business customers as well. They include management and monitoring of energy resources, and designing, installing, maintaining and servicing a variety of technology solutions. Further, Centrica directly invests in the development of low-carbon and transition assets such as hydrogen and carbon storage. The company is using several emerging technologies such as AI, big data, and blockchain among others, has launched accelerator programs, and is partnering, investing and acquiring digital companies to enhance its digital capabilities, offer better services to customers and expand its business operations.

This report provides insight into Centrica's digital technology activities, including its digital transformation strategies, its accelerators, incubators, and other innovation programs, its technology initiatives, investments, acquistions and its estimated ICT budget.

Scope

• Centrica is strengthening its focus on the use of innovative technologies to enhance its digital capabilities, offer better services to customers and expand its business operations.
• The company is focusing on AI, big data, data analytics, batteries, hydrogen, renewable energy, IoT, cloud, 5G, blockchain, cybersecurity, digitalization, EVs, machine learning, robotics, and smart homes.

Reasons to Buy

• Gain insights into Centrica's digital transformation strategies.
• Gain insights into its technology themes under focus.
• Gain insights into its various product launches, partnerships, investments, and acquisitions.