Search results for: 'Data Monetization in the Power and Utilities Industry'

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

Food & Beverage (F&B) manufacturing has embraced IIoT, AI, MES, ERP, and more such tools to move up production and quality. Advancements in real-time data processing and predictive analytics further help introduce new ways of utilizing data to generate insights for effective decision-making. Successful F&B companies are constantly innovating and up...

As a result of a moderate investment climate, the automation market experienced steady growth in 2018. This research service provides key trends and predictions for the global automation industry in 2019, analyzing developments across end-user industries. The automation market is set for a paradigm shift due to digitalization in end-user industries...

The Growth Opportunities in the Global Nuclear Power Industry study examines global commercial nuclear power development from 2025 to 2035, covering reactors above 10 MWe and the life cycle services supporting the installed fleet. Global installed capacity is projected to grow 23.8%, reaching approximately 477 GW by 2035, with China contributing 65...

Digitalization is the key enabler of decentralization and decarbonization, the other two Ds shaping the energy industry transformation. Cloud computing, Big Data, analytics, and the Internet of Things (IoT) are among technologies that enable the digital transformation of electric utilities and facilitate new ways of electricity production, storage,...

12 Jun 2024  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2024

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, and industry disruption. As the industry moves to meet decarbonization and sus...

API-based solutions often represent a significant departure from how businesses have become accustomed to purchasing and deploying communications. Their value lies in providing a powerful toolset to make business communications applications richer and more tightly integrated within business workflows. For example, an organization may choose to allo...

This research service presents the 2017 outlook for the global automotive industry. It illustrates the changes in regional markets in 2016 and analyzes expected market performance in 2017. It delves into original equipment manufacturer (OEM) strategies to excel in target markets and segments, and introduces technology trends for 2017. This study wi...

Water utility services are a priority market for governments and private operators. An estimated value of $450 billion was spent on its operations in 2014, driven by the need to build, renew, and improve water and sanitation infrastructure. Need for sustainability and for a circular economy trains focus on innovation and efficiency measures to be d...