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US Energy And Grid Management IT Services Spend 2013-2017

Date: 06 January 2014

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14 pages

Executive Summary

This report provides energy management and IT leaders in market-facing and corporate executive roles with an independent analysis of US spending on energy and grid management IT solutions from 2013 to 2017. The report helps executives answer questions such as: What are the investment levels for IT services across corporate energy management initiatives? Which markets are growing or declining? How will IT services investment levels vary by industry? How will grid management expenditure evolve in the US utilities sector? The analysis finds that expenditure on energy and grid management technology services will grow from $1.1 billion in 2013 to reach $1.3 billion in 2017. In 2014, the sectors investing the highest amounts on corporate energy management technology services will be retail ($97 million), telecommunications ($45 million) and technology ($36 million). The utilities sector will be the largest and only investor in grid management IT services, spending $738 million in 2014. Compound annual growth rates for expenditure across the eight energy and grid management technology solutions included in the model will range from -3% to 11% over the forecast period.

TABLE OF CONTENTS

CORPORATE SPENDING ON ENERGY MANAGEMENT IT SERVICES WILL HIT $551 MILLION IN 2017

UTILITY SPENDING ON IT SERVICES FOR MEETING AND NETWORK MANAGEMENT WILL SURPASS $770 MILLION IN 2017

US ENERGY AND GRID MANAGEMENT IT SERVICES MARKET WILL GROW AT A 4% CAGR FROM 2013 TO 2017

DEPLOYMENTS OF SMART GRID MONITORING DEVICES CREATE OPPORTUNITIES FOR TECH SERVICES FIRMS 

TABLE OF FIGURES

Figure 1. Energy And Grid Management IT Services Definitions
Figure 2. Energy And Grid Management IT Services Market To Reach $1.3 Billion in 2017
Figure 3. Energy And Grid Management IT Services Initiative Spend By Category 2014
Figure 4. Energy And Grid Management IT Services Industry Spend By Category 2014
Figure 5. Energy And Grid Management IT Services Initiative CAGRs 2013-2017
Figure 6. Energy And Grid Management IT Services Initiative CAGRs By Category
Figure 7. Energy And Grid Management IT Services Industry CAGRs 2013-2017
Figure 8. Energy And Grid Management IT Services Industry CAGRs By Category
Figure 9. Energy And Grid Management IT Services Initiative Spend 2013-2017
Figure 10. Energy And Grid Management IT Services Y-o-Y Change In Initiative Spend
Figure 11. Energy And Grid Management IT Services Industry Spend 2013-2017
Figure 12. Energy And Grid Management IT Services Y-o-Y Change In Industry Spend

ORGANIZATIONS MENTIONED

Accenture, American Electric Power, Capgemini, GE, IBM, IKEA, IMF, Intergovernmental Panel on Climate Change, Kohl’s, National Oceanic and Atmospheric Administration, PG&E, Siemens, Southern California Edison, US Energy Information Agency, Ventyx, Verizon, Walmart