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
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
Though cloud is the future of enterprise computing, a smooth transition of legacy applications and systems is critical for seamless business operations. IT professionals are eager to start leveraging the cost, scale and other benefits of cloud, but with massive investments already in place in existing infrastructure and a number of compliance and resource hurdles, it can be challenging to move to a cloud-based infrastructure.
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...
Containers are rapidly finding their way into enterprise data centers, but change is difficult. How do enterprises transform their architecture with technologies like containers without losing the reliable components of their current solutions? In his session at @DevOpsSummit at 21st Cloud Expo, Tony Campbell, Director, Educational Services at CoreOS, will explore the challenges organizations are facing today as they move to containers and go over how Kubernetes applications can deploy with lega...
SYS-CON Events announced today that Avere Systems, a leading provider of hybrid cloud enablement solutions, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its ...
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reducti...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they b...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-security...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...