Top Rated Report: ICT Procurement Trends in Energy - Enterprise ICT Investment Plans : Now at Market-Research-Reports.biz
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Why was the report written?
To highlight the criteria on which energy companies select their ICT providers as well as the roles which have influence while making ICT purchasing decisions.
What is the current market landscape and what is changing?
As energy companies face several legal and regulatory compliance issues, the sector is witnessing a slow adoption of cloud computing. However, hosted deployments are set to gain momentum in the coming months amongst energy companies.
What are the key drivers behind recent market changes?
Energy companies are gradually moving towards hosted deployment as they realise the benefits this approach brings including flexibility, scalability, and cost savings.
Key Market Issues
Energy companies are cautious about the deployment of technologies (on-premise or hosted), as they operate in a highly regulated environment. This is further supported by the survey, which reveals that energy companies largely prefer deploying technologies on-site rather than as a hosted service.
The survey results indicate that energy companies are keen to improve their operational efficiencies by streamlining their core business processes. This is evident from Kable's survey, where raising efficiency (X) is rated highly in terms of the business objectives influencing energy companies' IT investments.
The survey shows that energy companies favour purchasing technologies directly from suppliers, with the majority of respondents preferring this purchasing channel. While 28% of energy companies prefer purchasing technologies from local resellers, only 17% of respondents are showing an interest in procurement from national resellers.
Kable's survey shows that increasing customer satisfaction comes out as the second most important business objective for energy companies, with an average rating of X on the same scale.
Energy companies are also focusing on aligning IT with business goals with average rating of X on a scale of 1 to 4, as it leads to streamlined operations and improved efficiencies.
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Table of Content
1 Enterprise ICT investment trends
1.2 Survey demographics
1.3 ICT budget changes
2 ICT procurement trends
2.2 Purchasing channels
2.3 Business objectives influencing IT investment strategy
3.1 The energy sector is witnessing a slow adoption of cloud computing as a result of strict regulatory compliance requirements
4.2 Further reading
Table 1: Energy - enterprise ICT survey geographic breakdown
Table 2: Energy - enterprise ICT survey breakdown by size band (number of employees)
Table 3: Recent and expected ICT budget changes among energy companies
Table 4: Current and future investment priorities of energy companies across core technologies
Figure 1: Energy - enterprise ICT survey geographic breakdown
Figure 2: Energy - enterprise ICT survey breakdown by size band (number of employees)
Figure 3: Recent and expected ICT budget changes among energy companies
Figure 4: Current and future investment priorities of energy companies across core technologies
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