Energy and Power

ICT investment trends in energy : Enterprise ICT spending patterns through to the end of 2016

  • KAB353226
  • 35 Pages
  • October 2015
  • Energy and Power
Summary
Energy companies across the globe are continuously facing major issues relating to price fluctuations and a decline in demand for crude oil, due to the precarious global economic scenario. However, with the growth in population and improvement in living standards, the demand for energy is expected to witness an upward trend. The demand for energy is further fuelled by the development of urban infrastructures and the migration of people from rural to urban areas. Kables survey shows that energy companies are expected to make a substantial investment in ICT in 2015, owing to the increasing need for an intelligent electronic networking of all the components of the energy system.

Key Findings
Kables survey shows that enterprises in the energy sector are expected to make reasonable investments in ICT in order to reduce operational costs, increase efficiency, and support intelligent load management while simultaneously adhering to environment protection goals.
The survey illustrates that energy companies are primarily investing in the core domains of software and hardware, owing to the increasing need to boost productivity and mitigate costs by implementing smart grid technology.
Moreover, the hardware budget of energy companies is primarily dominated by network and communications equipment and clients, while software licenses and SaaS (software as a service) led the software budget of energy companies.

Synopsis
ICT investment trends in energy presents the findings from a survey of 130 energy companies regarding their Information and Communications Technology (ICT) investment trends. The survey investigates how energy companies currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies that energy companies are investing in, including enterprise applications, business intelligence, and mobility. The survey also highlights the approach to purchasing technology adopted by energy companies. Through Kables survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to energy companies. The report focuses on energy companies ICT expenditure trends for specific business areas and technologies, identifying the top three IT projects, and understanding the business challenges faced by organizations.

In particular, it provides an in-depth analysis of the following:

How ICT budgets are set to change in 2015 in terms of their overall size

Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting

Distribution of ICT money in areas such as the networks, applications, service desk, and data centers

Which ICT functions energy companies are interested in outsourcing

Energy companies investment priorities based on their budget allocations across core technology categories such as enterprise applications, business intelligence, and mobility

Factors that are influencing energy companies investments in each technology category

How energy companies IT budgets are currently allocated across various segments within a technology category

Energy companies distribution of their ICT budget across various segments within a technology category

Vendor satisfaction ratings for various core and advanced technology categories

Insight into energy companies preferred buying approaches

Business and IT objectives that energy companies are looking to achieve through their IT investment strategies

Factors that are influencing energy companies decisions to select an ICT provider

ReasonsToBuy
Understand how the energy companies ICT landscape is set to change in 2015 to prioritize your target market

Comprehend how ICT money are being allocated by energy companies in specific geographies and size bands to improve your market penetration

Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)

Realign your sales initiatives by understanding the current strategic objectives of energy companies

Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (enterprise applications, business intelligence, and mobility)

Prioritize your focus areas by understanding which factors are influencing energy companies decisions when selecting an ICT provider

Understand the changes in customers priorities and identify the business and IT objectives that energy companies are looking to achieve through their ICT investment strategies
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

World Fault Current Limiter Market - Opportunities and Forecasts, 2014 - 2020

Fault current limiter (FCL) minimizes the occurrence of fault currents and is a vital protection component in modern T&D networks to function properly. Growing concerns for reliable & efficient power supply ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World High Voltage Capacitors Market - Opportunities and Forecasts, 2014 - 2020

High Voltage (HV) capacitors consists of TRV capacitors, grading capacitors, coupling capacitors others, which serve various applications such as in power generation & distribution. Enhanced and modern grid infrastructure in order ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World Subsea Systems Market - Opportunities and Forecasts, 2014 - 2020

Subsea systems consists of ideal solutions for great oil recovery in maturing offshore wells by offering cost effective, and maintain the stability of offshore basins. Subsea processing systems comprise subsea ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World DC Drives Market - Opportunities and Forecasts, 2014 - 2020

DC drive is defined as an electric device, which is used for controlling the speed of DC motors by adjusting the input voltage or amperage or both. Reduction in operational ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World Screw Compressor Market - Opportunities and Forecasts, 2014 - 2020

Screw compressors consists of two helical rotors which are used in compressing external air to a set pressure, ensuring dry, clean, and compressed air.

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World AC Drives Market - Opportunities and Forecasts, 2014 - 2020

Alternate Current (AC) drives are electronic devices that control the speed & torque of an electric motor by alternating parameters such as voltage, frequency & magnetic flux. Optimizing energy consumption ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>