Technology Technology is the key to enhancing member cooperatives' service and competitiveness in the market. Advances in automation and information technologies, distribution operations, marketing and energy services,
and power supply technologies are empowering our member cooperatives to do things they did not dream of doing just five years ago.
Four technology strategies establish the approach that New Horizon pursues to bring solutions to member cooperatives; Technology Surveillance, Technology Education, Technology Investment, and Technology Partnership.
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Technology Surveillance
With the rapid change occurring within the electricity industry, the opportunities and challenges offered by new technologies can overwhelm an individual cooperative. To keep member cooperatives abreast of new technologies and business applications that are valuable and appropriate to their needs, New Horizon will continually sift through the mass of information and evaluate those technologies that hold promise for improving the value cooperatives offer their consumers. In this way, New Horizon eases the burden on member cooperatives.
Technology Education
When new ideas or technologies emerge that New Horizon identifies as promising, it will disseminate the information to the member cooperatives. Through education initiatives, New Horizon will help to ensure that cooperatives are aware of technological advances and how the advances can apply to their particular business needs. These efforts will ensure technical and business expertise will be available and applicable to member cooperatives.
Technology Investment
Individual cooperatives may not have the the means to address all of their technology needs as a single organization. In such instances, member cooperatives can pool their resources, through New Horizon, to develop technologies that address the knowledge gaps and product needs of their niche of the energy industry. Doing so can provide solutions without any one cooperative assuming great individual expense or risk. Many commercial vendors and other research organizations could be interested in joining cooperatives in these investments. New Horizon will work for member cooperatives to facilitate such investments.
Technology Partnership
The member cooperatives, through New Horizon, can partner with outside organizations that have a stake in seeing electric cooperatives succeed - organizations such as Qualitech Solutions, Inc., Open Systems, Inc., and
Itron. By partnering with these organizations, New Horizon can leverage the financial and intellectual resources needed to improve the cost-effectiveness of its technology efforts.
