Connected Strategy for Hydrogen Value Chain ^ Top ^ 40 The most significant benefit of digital transformation is the absolute agility of API connectivity. This agility means changes can be applied to the core systems of records, without interfering with the ability to replicate these actions for end-user systems, like internet and mobile apps. You get a cost-efficient system that will increase your profits and open new revenue-earning opportunities. Companies in the E&U sector have an interconnected network of complex components. This makes it vital for them to stay structured, maintain order and clear communication. APIs are designed to create this network with three separate parts that improve agility, speed, and flexibility. When you are dealing with intermittency in renewable energy, AI (artificial intelligence) and ML (machine learning) can help by enabling smart grid platforms at fair prices. These technologies let you decode the algorithms, making the performance of the distributed energy resources predictable. By being able to predict the accuracy of weather forecasts and the efficacy of solar panels and wind farms, you can create smarter grids. Cloud computing helps in this by providing a bunch of real-time insights and services like AI and ML. Even though cloud-based services ensure higher security measures, the control is limited when integrating peer-to-peer (P2P) platforms. As such, users may find it difficult to trust such platforms as the control over the data storage is shared. This creates uncertainty, and one must rely entirely on the cloud provider’s assurance of maintaining security standards. The benefit of data for E&U companies it that they can A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous distributed energy resources (DER) for the purposes of enhancing power generation, storage (hydrogen) as well as trading or selling power on the electricity market. With DEMS Compact, the Siemens Smart Grid Division is providing municipal utilities in Germany with a cloud- based Web service for virtual power plants. This service enables the utilities to interconnect their customers' small distributed-energy resources together and offer the bundled power to operators of a large virtual power plant for marketing. "With the cloud version of our distributed energy management system DEMS, municipal utilities can generate attractive revenues with their own individual consumption and generation capacities and at the same time play a role in developing the energy system of the future," said Jan Mrosik, CEO of the Siemens Smart Grid Division