SYS-CON MEDIA Authors: Carmen Gonzalez, Yeshim Deniz, Nikita Ivanov, Sean Houghton, Glenn Rossman

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
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to th...
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that's reasonable. But SDN opens opportunities for novel constructions in Layers 4 to 7 that solve real operational problems in data centers. "Data center," in fact, might become anachronistic - data is everywhere, constantly on the move, seemingly always overflowing. Net...
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...