Utilities Sector Enterprises ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services and Network and Communications

Utilities Sector Enterprises ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services and Network and Communications

Summary

Utilities Sector Enterprises ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services and Network and Communications summarizes key findings from the GlobalData’s ICT customer insight survey carried out in H1-2022. It reveals how the overall ICT budgets and their allocations towards various business functions and spending areas, have changed for enterprises in the utilities sector in 2022 when compared to 2021. The report also discusses the change in ICT budget allocations for digital transformation enabling technologies like artificial intelligence (AI), internet of things (IoT), automation and edge computing among enterprises in 2022 as compared to 2021. It sheds focus on the change in ICT budget allocations across 30 IT hardware, software, and service categories. The report also gives an indication of ICT opportunities in utilities sector with forward-looking insights on enterprise spending priorities for over 100 ICT product and service sub-categories over next two years.

The survey report provides information and insights into ICT spending by enterprises in utilities sector -

• Insights of its ICT budget allocation by business function and key spending areas
• Enterprise ICT budget allocations by type of ICT project
• Breakdown of enterprise budget allocation change by digital transformation areas
• Segment ICT budget allocation trends
• Insights on ICT technology spending priorities of enterprises in utilities sector
• Enterprise cloud computing investment priority

• Enterprises’ ICT budgets in total have increased for maintaining existing ICT infrastructure and for new IT projects; however, for the latter, a higher percentage of enterprises have increased their budget allocations
• Enterprises’ ICT budget allocations have increased slightly for most business functions, except for human resources & legal, where majority have chosen to keep the same budget.
• Enterprises’ social networking & collaboration platforms is predicted to be the most preferred C&C software for enterprise investment in the next two years
• Routers is the most dominant networking hardware and is likely to remain the most preferred investment area among enterprises’ networking hardware in the next two years

• The report is based on GlobalData’s IT Customer Insight Survey carried out annually covering key ICT decision makers from enterprises across various industry verticals to understand their ICT investment priorities and trends.
• This survey report offers a thorough analysis of Enterprise ICT Investment Trends and how it has changed this year compared to previous year.
• The report also presents an analysis of enterprise ICT budget allocations by various spending areas, business functions and product/service categories and how they have changed this year compared to previous years.
• With more than 50 charts the report is designed for an executive-level audience, boasting presentation quality.
• The report provides insights in a concise format to help executives build proactive and profitable growth strategies.
• The report provides an easily digestible market assessment for decision-makers built around research gathered from the local IT decision makers, which enables executives to quickly get up to speed with the current and emerging trends in enterprise ICT investment priorities.