Welcome!

News Feed Item

ICT budget and staffing trends in Energy - Enterprise ICT investment plans



 

 

 

LONDON, April 3, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

ICT budget and staffing trends in Energy - Enterprise ICT investment plans


Product Synopsis
This report presents the findings from a survey of 128 energy companies regarding their Information and Communications Technology (ICT) budgets and staff allocation. The survey investigates how energy companies currently allocate their ICT budgets across the core areas of ICT spend, namely hardware, software, IT services, communications and consulting.


Introduction and Landscape
Why was the report written?
In order to provide a depth of insight into ICT vendors' and service providers' potential customers.


What is the current market landscape and what is changing?
With the economy showing signs of recovery, energy companies are increasing their ICT investments in 2013. Hardware remains a key area of focus for enterprises in this sector, with energy companies increasing their budget allocations for data centres by X% in 2013 compared to 2012.


What are the key drivers behind recent market changes?
Energy companies' requirement for high-performance computing, which helps them decrease the time required to retrieve and analyse data, and generate forecasting models is influencing the demand for data centres.


What makes this report unique and essential to read?
Kable Global ICT Intelligence has invested significant resources in order to interview CIOs and IT managers about their IT Budgets. Very few IT analyst houses will have interviewed 120+ ICT decision makers in the energy industry in H2 2012.


Key Features and Benefits
Understand how ICT budgets are set to change in 2013 in terms of their overall size.

Appreciate how budgets are allocated across the core elements of ICT spend, including hardware, software, services, communications and consulting.

Learn how ICT money is being spent in areas such as the data centre, applications, IT management and the network.

Establish how IT staff are typically allocated within energy companies.

Gain insight into with whom energy companies plan to spend their ICT money.

Key Market Issues
The global energy sector has been facing major challenges such as the decline in crude oil demand, price fluctuations, and delays in major energy investments owing to global economic uncertainties. Kable's survey shows that in the current economic scenario, energy companies are planning to make reasonable investments in ICT to become more competitive.

As reliable communications are a pre-requisite for efficient operations in the energy sector, it is becoming imperative for companies to develop robust communications infrastructures in order to improve productivity.

Energy companies' require high-performance computing, which helps them decrease the time required to retrieve and analyse data, and generate forecasting models leading to intelligent business decisions. Consequently, these companies have increased their budget allocations for data centres by 2% in 2013 compared to 2012.

The service support and help desk function is witnessing high average allocation of 28%, as energy companies are keen to respond quickly to conditions that disrupt business services, and also to improve incident and problem management processes.

Energy companies are spending a major portion of their IT services budgets on application development and integration, which stems from the fact that companies are planning to develop custom applications to suit the changing requirements and regulations in the energy sector.

Key Highlights
Energy companies are spending heavily with technology (product) vendors, allocating an average of 18% of their total ICT budgets to such providers.

Kable's survey shows that energy companies' hardware budgets are dominated by spending on clients and networking and communications equipment, with average allocations of 18% and 16% being made to these categories respectively.

The average allocation of software budgets amongst energy companies is mainly centred on software licenses driven by applications such as supply chain management (SCM), enterprise resource planning (ERP), content management, business analytics, and systems security software.

Energy companies are allocating a large proportion of their telecommunications budgets to mobile voice, owing to the size of their mobile workforces.

The survey illustrates that energy companies are allocating the highest proportion of their software budgets to enterprise applications in 2013.
Table of Contents

1 Trends in ICT budgets
1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 ICT budget allocation by core technology area
1.5 ICT budget allocation by function
1.6 ICT spending by entity
1.7 IT staff distribution
2 Detailed ICT budget allocations
2.1 Introduction
2.2 Hardware budget breakdown
2.3 Software budget breakdowns
2.4 Third party IT services expenditure
2.5 Telecommunications budget
3 Summary
3.1 Energy companies are planning to make significant ICT investments to achieve operational efficiencies and comply with stringent regulations
4 Appendix
4.1 Definitions
4.2 Further reading
4.3 Contact the authors



List of Tables

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: Energy companies' (external) ICT budget allocation, 2012 and 2013
Table 5: Energy companies' ICT budget allocation by function, 2012 and 2013
Table 6: Energy companies' (external) ICT budget allocation by entity, 2012 and 2013
Table 7: Average allocation of full-time IT staff members in energy companies
Table 8: Energy companies' average hardware budget allocation
Table 9: Average allocation of software budgets in energy companies
Table 10: Energy companies' average software budget allocation by technology
Table 11: Energy companies' average IT services budget allocation
Table 12: Energy companies' average IT consulting services budget allocation
Table 13: Energy companies' average telecommunications budget allocation



List of Figures

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: Energy companies' (external) ICT budget allocation, 2012 and 2013
Figure 5: Energy companies' ICT budget allocation by function, 2012 and 2013
Figure 6: Energy companies' ICT budget allocation by entity, 2012 and 2013
Figure 7: Average allocation of full-time IT staff members in energy companies
Figure 8: Energy companies' average hardware budget allocation
Figure 9: Average allocation of software budgets in energy companies
Figure 10: Energy companies' average software budget allocation by technology
Figure 11: Energy companies' average IT services budget allocation
Figure 12: Energy companies' average IT consulting services budget allocation
Figure 13: Energy companies' average telecommunications budget allocation



Read the full report:
ICT budget and staffing trends in Energy - Enterprise ICT investment plans
http://www.reportbuyer.com/energy_utilities/misc_energy_utilities/ict_budget_staffing_trends_energy_enterprise_ict_investment_plans.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Energy


For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

SOURCE ReportBuyer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...