Siemens hosted “Women Shaping the Digital Enterprise” last week in Washington, DC with attendees in the technology and innovation space. The event aimed to celebrate and showcase the remarkable achievements of women in the digital sphere, as well as explore the transformative potential of digitalization across industries.
The event kicked off with an engaging chat featuring Barbara Humpton, CEO, Siemens USA. As she addressed the audience, she emphasized the importance of government initiatives in shaping the future of the country.
“The Inflation Reduction Act and the CHIPS Act are the government’s vectors” of where we want to go as a country, Humpton said. These policies, she explained, are bringing tools of advanced manufacturing and fostering innovation globally while manufacturing locally.
She shared the impact of the CHIPS Act on private sector investment.
“We have seen a six-fold increase in investment from the private sector after the CHIPS Act,” Humpton said.
This surge in investment is a testament to how government initiatives can support innovation and technological advancements from the private sector.
One of the roundtable discussions, led by Maria Pasqualli, Cummins, focused on “what is exciting about digitalization” and how its capabilities have revolutionized the industry, enabling increased efficiency, productivity and sustainability.
For the energy services sector, increased digitalization offers a multitude of advantages, including improved efficiency, enhanced safety, optimized asset management, data-driven decision-making and increased sustainability. Embracing digital technologies is crucial for companies in this sector to remain competitive, adapt to evolving market demands and drive long-term success.
Maria Suarez-Simmons, Senior Director Energy Policy, writes about industry-specific policies for the Energy Workforce & Technology Council. Click here to subscribe to the Energy Workforce newsletter, which highlights sector-specific issues, best practices, activities and more.