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Innovative Business Models Emerging from Digitalization in Generators, Global, 2020
Innovative Business Models Emerging from Digitalization in Generators, Global, 2020
Enhanced Customer Experience through Digital Energy Transformation Creating Growth Opportunities
17-Nov-2020
Global
Market Research
Description
Investment in digital technologies is booming across all industries, including power generation. This research aims to identify the generators industry’s current use and future decision-making trends toward digital transformation. A recent Frost & Sullivan study found that 99% of businesses are at a particular digital transformation stage. Technologies such as data accessibility and gathering, remote monitoring, and predictive maintenance are digital transformation examples impacting the generators industry. This report tracks the industry’s transformation and seeks to identify future opportunities to use digital technologies further. Frost & Sullivan is confident that digital solutions offer great promise for new business models, expanded access, improved outcomes and efficiency, and, ultimately, more significant value to all stakeholders.
The study predictions apply to the global generators market. Frost & Sullivan predicts digital transformation in the energy industry to evolve from an IT industry offering primarily billing systems and services paralleling the market's growing incorporation of advanced technologies, such as analytics, cybersecurity, and integrated energy efficiency solutions.
Research Scope
- Understand the IT challenges generator manufacturers face today
- Monitor digital transformation status in the generators market
- Assess the current and future use of digital technologies
- Evaluate factors that drive investments in digitalization
- Gauge digitalization trends
One of the largest challenges in the generators industry is the continual need to provide customized solutions, sales, and services. With the power to improve the customer experience, the new technology adoption trend feeds directly into this pain point.
Research Benefits
- Identify key business objectives and challenges in this industry
- Discover growth opportunities to address the objectives and challenges; find technologies proven to reduce costs and generate revenue
- Benchmark with the competition and other industry leaders
- Learn new ways to improve the customer experience
- Facilitate the digital transformation journey
The study predictions apply to the global generators market. Frost & Sullivan predicts digital transformation in the energy industry to evolve from an IT industry offering primarily billing systems and services paralleling the market's growing incorporation of advanced technologies, such as analytics, cybersecurity, and integrated energy efficiency solutions.
Author: Lucrecia Gomez
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative8™
The Impact of the Top Three Strategic Imperatives on the Generators Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Environment: Research Focus
Growth Environment
Growth Environment: Digitalization in Generators
Growth Environment: Digitalization in Generators (continued)
Growth Environment: What Cases Dictate the Need for Digitalization in Generators?
Growth Environment: Supporting Technologies
Growth Environment: Supporting Technologies (continued)
Growth Environment: Supporting Technologies (continued)
Growth Environment: Key Uses and Target Customers
Growth Environment: Predictive Applications
Growth Environment: Predictive maintenance and Remote Monitoring
Growth Environment: Holistic Digital Solutions
Growth Environment: In-house Control and Custom Analytics
Growth Environment: Competitive Landscape—Aggreko PLC
Growth Environment: Competitive Landscape—Caterpillar Inc
Growth Environment: Competitive Landscape—Cummins Inc
Growth Environment: Competitive Landscape—INNIO Jenbacher GmbH & Co OG
Growth Environment: Competitive Landscape—Generac Power Systems, Inc
Growth Environment: Competitive Landscape—Herc Holdings Inc
Growth Environment: Competitive Landscape—Kohler Co
Growth Environment: Competitive Landscape—MAN Energy Solutions SE
Growth Environment: Competitive Landscape—United Rentals, Inc
Growth Environment: Other Notable Market Participants
Growth Environment: Other Notable Market Participants (continued)
Growth Environment: Addressable Installed Base
Growth Drivers for Digital Services in Generators
Growth Restraints for Digital Services in Generators
Growth Environment: Revenue Forecast
Growth Environment: Business Models
Growth Environment: Business Models (continued)
Growth Environment: Roadmap for Digitalization in Generators
Growth Opportunity 1: IoT-as-a-service to Enable Actionable Intelligence for Generators, 2019
Growth Opportunity 1: IoT-as-a-service to Enable Actionable Intelligence for Generators, 2019 (continued)
Growth Opportunity 2: Omnichannel Services from Seamlessly Integrated Automated Systems Using AI and Analytics for Personalized Customer Experience, 2019
Growth Opportunity 2: Omnichannel Services from Seamlessly Integrated Automated Systems Using AI and Analytics for Personalized Customer Experience, 2019 (continued)
Growth Opportunity 3: Digital Marketing for Transformed Selling Processes, 2019
Growth Opportunity 3: Digital Marketing for Transformed Selling Processes, 2019 (continued)
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Growth dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Research Scope
- Understand the IT challenges generator manufacturers face today
- Monitor digital transformation status in the generators market
- Assess the current and future use of digital technologies
- Evaluate factors that drive investments in digitalization
- Gauge digitalization trends
One of the largest challenges in the generators industry is the continual need to provide customized solutions, sales, and services. With the power to improve the customer experience, the new technology adoption trend feeds directly into this pain point.
Research Benefits
- Identify key business objectives and challenges in this industry
- Discover growth opportunities to address the objectives and challenges; find technologies proven to reduce costs and generate revenue
- Benchmark with the competition and other industry leaders
- Learn new ways to improve the customer experience
- Facilitate the digital transformation journey
The study predictions apply to the global generators market. Frost & Sullivan predicts digital transformation in the energy industry to evolve from an IT industry offering primarily billing systems and services paralleling the market's growing incorporation of advanced technologies, such as analytics, cybersecurity, and integrated energy efficiency solutions.
Author: Lucrecia Gomez
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Lucrecia Gomez |
| Industries | Energy |
| WIP Number | K511-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9AFF-A4,9B00-A4,9851 |