The utility industries used to have a reputation for technological conservatism. They rarely indulged in the exploration of new technology. In previous decades, changes were primarily limited to maintenance of existing infrastructures. A lack of innovation led to stagnation in these industries.
This has changed in recent years. A number of utility companies have started experimenting with cloud solutions, artificial intelligence and other cutting-edge technology.
AT&T is one of the utility companies that has started making real headway with cloud technology. The telecommunications giant has forged partnerships with IBM, Microsoft and other technology leaders to handle new cloud processes. An estimated 96% of businesses use the cloud, so any breakthroughs in enterprise cloud technology will carry benefits that transcend industries.
These new contracts could set the stage for unprecedented breakthroughs in cloud technology, which will have a tremendous impact on the phone industry for years to come. The proposed solutions are currently focused on aiding enterprise clients, but they will probably be expanded to the consumer segment shortly thereafter.
AT&T and IBM form cloud partnership to serve enterprise customers
AT&T has been rather resilient at retaining its residential market share. However, it faces a much fiercer fight over its enterprise client base.
The telecom giant built ...
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