Let´s make it clear: the technologies and dynamics that will shape future energy systems are already here. There is no turning back; disruption through digitalisation and the convergence of industries, technologies and people lies ahead of us. This became especially evident today at our fourth annual UnConference in Berlin.
Around 400 guests from our global innovation network joined us to hear and share thought-provoking insights on unlocking innovation from top industry business leaders and experts. Taking place at Café Moskau, our network of business leaders, entrepreneurs, investors, and startups from various industries had the opportunity to engage with our investment portfolio of over 80 global start-ups and explore how their innovative solutions can grow and transform their own businesses. The UnConference starts with the innogy Innovation Hub vision; that the energy industry will be fundamentally redefined as new technologies, business models and consumption patterns begin to replace the existing system. In the future world of decentralisation, digitalisation and democratisation, we have identified four focus areas that we believe to be the main drivers of disruption. For this year’s UnConference we started by posing a question in each area:
Digital Disruption and Artificial Intelligence: Will the digital revolution and artificial intelligence make utilities redundant?
Moderated by Thomas Birr, SVP Innovation & Business Transformation, innogy SE and CEO of the innogy Innovation Hub, Tim Kock, Co-Founder of the US based start-up Jungle AI and Nicolai Wadstrom, Founder and CEO of BootstrapLabs and applied AI investor, the panel discussed the challenges and opportunities presented by emerging technologies and their potential impact on the decentralised energy system of the future. The panellists agreed that, despite popular belief, the largest issue in AI is not about collecting massive amounts of data, but the quality of data. The organisations that can solve this are well positioned to drive innovation.