Global Utility Analytics and Energy Analytics Market

Global Utility
Analytics and Energy
Analytics Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014 – 2020
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Chemicals & Materials
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Services and Utilities
Energy, Mining, Oil, and
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Report
Description
Report Description
To take an advantage of new opportunities, utility and energy companies are transforming their
systems into smarter energy systems which will feature a two way flow of information and
energy. But there is increasing pressure on the companies to deliver consistent and cost effective
sources of energy at the same time keeping environmental concerns in mind.
Browse Full Report@ http://www.futuremarketinsights.com/reports/utility-analytics-energyanalytics-market
The market for utility analytics and energy analytics can by segmented by different solutions and
technologies available, by various applications which includes meter operation, load forecasting,
demand response, revenue protection and distribution planning. The market can also be
categorized based on type of deployment which includes cloud, hybrid and on premises.
The market is growing on the back of the factors such as rising demand for energy, need for the
greener environment and rising demand from the consumer to know their energy consumption
pattern. The market is estimated to grow at a double digit growth rate in the years to come.
North America is expected to be the biggest market in terms of revenue generation, followed by
Europe.
Report
Description
Report Description
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Companies to take an advantage in the market must insights into performance and usage across
the network to take extra effective decisions. Some of the major participants of the market are
Oracle, Siemens, IBM, ABB and Schneider, with their strong portfolios in energy analytics. Apart
from these many others players are entering the market offering energy analytics solution which
shows the huge potential of the market at present as well as in future also.
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To take an advantage of new opportunities, utility and energy companies are transforming their systems into smarter energy systems which will feature a two way flow of information and energy. But there is increasing pressure on the companies to deliver consistent and cost effective sources of energy at the same time keeping environmental concerns in mind.