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Submitted URL: https://t.corp.mulesoft.com/t/1070/c/c86c480c-4b2e-4f4e-977c-e3edeadf8b65/NB2HI4DTHIXS6YTMN5TXGLTNOVWGK43PMZ2C4Y3PNUXWE2L2F5...
Effective URL: https://blogs.mulesoft.com/digital-transformation/business/energy-and-utilities-customer-experience/
Submission: On October 19 via api from US — Scanned from DE
Effective URL: https://blogs.mulesoft.com/digital-transformation/business/energy-and-utilities-customer-experience/
Submission: On October 19 via api from US — Scanned from DE
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Skip to content * Products Anypoint Platform Connect using APIs and integrations Features Studio Exchange API Designer API Manager Connectors See all Composer Connect with clicks, not code Product announcement Connect your apps and data instantly, using clicks not code, with the new MuleSoft Composer. Read blog post Try for free Sign up for Anypoint Platform Download Studio & Mule GARTNER MAGIC QUADRANT LEADER See why Gartner named MuleSoft as a Leader in both Full Life Cycle API Management and eiPaaS Read reports * Solutions By industry Financial services Government Healthcare Higher education Insurance Manufacturing Media and telecom Retail By technology API management B2B EDI Data integration DevOps ESB IoT iPaaS Microservices SOA By integration AWS Microsoft Salesforce SAP ServiceNow By role Architect CDO CIO Developer Business teams By initiative Business automation eCommerce Legacy system modernization Mobile Move to the cloud Omnichannel SaaS integrations Single view of customer See all solutions DIGITAL PLATFORMS IN THE API ECONOMY Learn how companies can build future-proof, agile, and scalable digital platforms Download whitepaper * Services Customer success Training and certification Support ANYPOINT PLATFORM FUNDAMENTALS Get hands-on experience using Anypoint Platform with a free online course Enroll for free * Resources Featured Customer stories CIO webcast Developer podcast API strategy Explore Webinars Demos Videos Analyst reports eBooks Whitepapers Infographics Blog Articles Covid-19 MuleSoft resources Work.com COVID-19 data hub Trailhead resources See all resources CIOS UNFILTERED Hear actionable strategies for today’s digital imperative from top CIOs Watch webcast * Company AboutAbout MuleSoft Why MuleSoft Careers Leadership News Events MuleSoft CONNECT Developer Meetups All events Link to MuleSoft Twitter profile Link to MuleSoft Linkedin profile Link to MuleSoft Facebook profile Link to MuleSoft Instagram profile Link to MuleSoft Videos platform DREAMFORCE TO YOU Get insightful conversations curated for your business and hear from inspiring trailblazers Watch sessions * Developers Getting started Community Training Tutorials Documentation * Partners FOR CUSTOMERS Find a partner FOR PARTNERS Partner program Partner calendar Become a partner Partner login * Contact Free trial * Login Anypoint Platform Training Help Center * Products Anypoint Platform Connect using APIs and integrations Features Studio Exchange API Designer API Manager Connectors See all Composer Connect with clicks, not code Product announcement Connect your apps and data instantly, using clicks not code, with the new MuleSoft Composer. Read blog post Try for free Sign up for Anypoint Platform Download Studio & Mule GARTNER MAGIC QUADRANT LEADER See why Gartner named MuleSoft as a Leader in both Full Life Cycle API Management and eiPaaS Read reports * Solutions By industry Financial services Government Healthcare Higher education Insurance Manufacturing Media and telecom Retail By technology API management B2B EDI Data integration DevOps ESB IoT iPaaS Microservices SOA By integration AWS Microsoft Salesforce SAP ServiceNow By role Architect CDO CIO Developer Business teams By initiative Business automation eCommerce Legacy system modernization Mobile Move to the cloud Omnichannel SaaS integrations Single view of customer See all solutions DIGITAL PLATFORMS IN THE API ECONOMY Learn how companies can build future-proof, agile, and scalable digital platforms Download whitepaper * Services Customer success Training and certification Support ANYPOINT PLATFORM FUNDAMENTALS Get hands-on experience using Anypoint Platform with a free online course Enroll for free * Resources Featured Customer stories CIO webcast Developer podcast API strategy Explore Webinars Demos Videos Analyst reports eBooks Whitepapers Infographics Blog Articles Covid-19 MuleSoft resources Work.com COVID-19 data hub Trailhead resources See all resources CIOS UNFILTERED Hear actionable strategies for today’s digital imperative from top CIOs Watch webcast * Company AboutAbout MuleSoft Why MuleSoft Careers Leadership News Events MuleSoft CONNECT Developer Meetups All events Link to MuleSoft Twitter profile Link to MuleSoft Linkedin profile Link to MuleSoft Facebook profile Link to MuleSoft Instagram profile Link to MuleSoft Videos platform DREAMFORCE TO YOU Get insightful conversations curated for your business and hear from inspiring trailblazers Watch sessions * Developers Getting started Community Training Tutorials Documentation * Partners FOR CUSTOMERS Find a partner FOR PARTNERS Partner program Partner calendar Become a partner Partner login Contact Free trial * Login Anypoint Platform Training Help Center ©2021 MuleSoft, LLC MuleSoft Blog * * Learn APIs * Integration strategy * Dev guides * Digital transformation * News * Series Home > Digital transformation > Business > 5 ways energy and utilities providers are improving customer experiences Business 5 WAYS ENERGY AND UTILITIES PROVIDERS ARE IMPROVING CUSTOMER EXPERIENCES Matt Serna December 27, 2019 | 5 mins read SHARE POST * * * Reading Time: 5 minutes My first blog post in this series gave an overview of why energy and utilities firms like Siemens are undergoing digital transformation to remain competitive. One common digital initiative for energy and utility providers is improving customer satisfaction; conditioned by other high-tech industries, consumers increasingly expect personalized, omnichannel experiences — leading utilities to tap into new technologies. THE CASE FOR CUSTOMER-CENTRICITY A central pillar of the world’s most successful companies and organizations includes some version of “the customer comes first.” This customer-centric philosophy has completely transformed what it means to provide customer service in the last decade. The energy and utilities industries is no exception to this philosophy as customer and stakeholder expectations are rapidly evolving. Customers expect to be heard, understood, and served with phenomenal speed and personalized service. latest report Learn why we are the Leaders in API management and iPaaS Read reports For example, within the utilities industry, customer satisfaction has taken a much more powerful role in the success of the entire organization compared to years before. According to a Deloitte study, customers have a growing appetite and expectation for higher engagement with their utilities providers. In turn, high customer satisfaction gives utilities the upper hand in rate case negotiations, eliminates the possibility of fines, reduces the threat of deregulation, and builds goodwill among both regulators and consumers. As a result of these changing expectations, leadership has placed increasing pressure on IT to improve the customer journey through easier data access, personalized services, and higher engagement. IMPROVING CUSTOMER SATISFACTION THROUGH DIGITAL CAPABILITIES So what are some real examples of how utilities are delivering such engagement? 1. Sending outage alerts to keep customers updated on restoration time for repairs and planned maintenance. 2. Delivering omnichannel experiences where customers can log in through a mobile application or a single sign-on web portal and immediately have access to personalized dashboards and tools to manage and view their data. 3. Enabling consumers to handle billing, monitor consumption, and control usage online. Not only does the digital experience drastically improve the customer journey, but it also leads to a reduction of costs through paperless billing, reduced average handling time, and fewer field maintenance calls. Similar to utilities providers, forward-leaning energy providers have embraced digital transformation as a means of improving the experiences of the constituents that they serve — from customers to regulators to suppliers and distributors. Examples include: 1. Allowing a midstream partner transparency to distributor inventory levels through a mobile application, optimizing delivery schedules to ensure a continuous supply of resources. 2. Providing digital loyalty programs or in-app payments for customers. As organizations within the industry expand, so do their network of stakeholders, raising the value of such investments in digital capabilities. Increasingly, such digital investments are also used to improve customer engagement within downstream lines of business. In an industry with low switching costs and lack of brand affinity, digital capabilities enable differentiation outside of price. For more examples on how leading energy and utilities providers are effectively implementing digital transformation strategies, check out our energy and utilities digital transformation whitepaper. -------------------------------------------------------------------------------- TAGS customer experience RELATED ARTICLES Business 3 WAYS TO UNLOCK CORE BANKING SYSTEMS IN CREDIT UNIONS We sat down with three credit union IT leaders to learn from their unique experiences driving digital transformation. How did they unlock their core… * Laura Shores * 12 mins read Business HOW TO REIMAGINE THE PUBLIC SECTOR WITH MODERN APIS In this blog, we'll show how governments can provide this same type of experience for citizens and keep up with the changes in the… * Yared Gudeta * 15 mins read Business 3 WAYS MODERN APIS ARE CHANGING THE HEALTHCARE LANDSCAPE Review the top takeaways from HIMSS on how tech is facilitating patient connections outside of the hospital and 3 ways connected care helps patients,… * Alexa Cushman * 7 mins read NEWSLETTER Get the latest news delivered to your inbox Subscribe MAINFOOTER * Related resources * The value of APIs for business * What is REST API design? * API development best practices * Recommended for you * Connectivity benchmark report * The application network * How to design and manage APIs * Watch now on demand * Best practices for microservices * API security best practices * Anypoint Platform overview Sign up for our newsletter Developers Blog Terms Privacy Privacy Shield Cookie Consent Manager Contact 1-415-229-2009 MuleSoft provides a widely used integration platform for connecting applications, data, and devices in the cloud and on-premises. 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