Welcome!

News Feed Item

Business Strategy: What About Utilities IT Budget? Results from Western European Survey 2013

LONDON, April 8, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:

Business Strategy: What About Utilities IT Budget? Results from Western European Survey 2013

This IDC Energy Insights study provides an analysis of the results of the annual IDC Energy Insights Survey, which covered France, Germany, Italy, Spain, and the U.K. Analysis is focused on the utilities industry and on 119 interviews carried out between August and September 2013. The scope of this study is to understand IT budget allocation and evolution, key challenges for Western European utilities from an IT perspective, leading business initiatives to support IT decisions, the objectives of utilities' IT organizations, and criteria adopted to select IT vendors and satisfaction with primary IT suppliers among utility enterprises in Western Europe. This study is one of a series of studies including the analysis of enterprise and line-of-business (LOB) solutions adoption and investment plans.

"Western European utilities' IT objectives are very much aligned to meet regulatory compliance and overcome the challenge of integrating disparate applications. In fact, according to Western European utilities survey respondents, the most pressing IT objectives are integrated and secure access to data and applications and integration of IT applications with operational technologies, as well as speed and cost of regulatory compliance adaptation," said Gaia Gallotti, research manager, IDC Energy Insights.

 

Table of Contents

IDC Energy Insights Opinion

In This Study

Methodology

Definitions

Utilities Industry

Survey Respondent Profiles

Situation Overview

Western European Utility Firms in a Positive Mood

The Approach

Benchmarking Utilities' ICT Budgets

ICT Budget on Total Revenues

Additional Metrics for Budget Planning

Future Outlook

Despite Pressures, Western European Utilities' ICT Budgets Largely Stable

Western European Utilities' Externalizing ICT Operating Budgets

Regulatory Compliance Leads WE Utilities' Business Initiative

Integration Identified as Key Challenge in IT Operations by WE Utilities

WE Utilities' IT Objectives in Line with Business Initiatives and Addressing Key Challenges

Western European Utilities and Their IT Vendors/ Service Providers

Customer Service and Support: The Most Important Criteria for Selection

WE Utilities Finally Satisfied with Customer Service

Essential Guidance

Actions to Consider

Appendix

Learn More

Related Research

Synopsis

Table: Western Europe, Utilities, Respondent Company Distribution (% of Companies)

Table: Western Europe Utilities, Survey Respondents Profile by Functional Area and Country (% of Companies)

Table: Western Europe, Utilities, Share of ICT Operating Budget on Total Revenues (% of Total Revenues)

Table: Other Metrics for Budget Planning

Table: Western Europe, Utilities, Business Outlook for the Next 12-18 months by Sub-Industry (% of Respondents)

Table: Western Europe Utilities, Expected Change in Total ICT Operating Budget by Sub-Industry and by Countries (% of Respondents)

Table: Western Europe, Utilities, Current Distribution of Total ICT Operating Budget between Internal, External and Telecom Spending (% of ICT Operating Budget)

Table: Western Europe, Utilities, Expected Change in External Share of IT Spending (% of Respondents)

Figure: Western Europe Utilities, Business Outlook for the Next 12-18 months by Sub-Industry (% of Respondents)

Figure: Western Europe Utilities, Expected Change in Total ICT Operating Budget in the Next 12 Months (% of Respondents)

Figure: Western Europe Utilities, Distribution IT Budget by Activity (%)

Figure: Western Europe Utilities, Current Distribution of ICT Operating Budget Between Internal, External, and Telecom Spending (% of ICT Operating Budget)

Figure: Western Europe, Utilities, Expected Change in the Share of External IT Spending (% of Respondents)

Figure: Western Europe, Utilities, Leading Business Initiatives to Support IT Decisions

Figure: Utilities' Key Expected Challenges for IT Operations

Figure: Utilities' IT Organization Objectives

Figure: Western Utilities, Level of Importance of Criteria for Choosing Company's Primary Supplier

Figure: Western Utilities, Level of Satisfaction with Company's Primary Supplier

Figure: Level of Importance for Choice of Primary IT Vendor Against the Satisfaction Rating of Primary IT Supplier's Performance

Read the full report:
Business Strategy: What About Utilities IT Budget? Results from Western European Survey 2013
http://www.reportbuyer.com/computing_electronics/software/business_strat...

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
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search and...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
While presenting own advanced Robo-Advisory Platform, Michał Różański, Managing Partner at EARP and CEO at Empirica, will illustrate the most important issues of building tailored FinTech software in his session at 20th Cloud Expo. He will share experiences we have gained for over 6 years of developing solutions for financial institutions and FinTech companies, including robo-advisors. We welcome all FinTech innovators interested in how properly implemented technology can move their businesses f...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and valu...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...