Press release
Customer Information System Market 2022 Business Scenario – Oracle Corporation, Fluentgrid Limited, IBM Corporation, Wipro, Cayenta CIS
The Customer Information System Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The customer information system market is expected to grow at a CAGR of 11.9% during the forecast period (2021-2026).
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Top Leading Companies of Customer Information System Market are Oracle Corporation, Fluentgrid Limited, IBM Corporation, Wipro, Cayenta CIS, Gentrack Group Limited, SAP SE, Itineris NV, Hydro Comp Enterprises Ltd., Open International and others.
Industry News and Updates
In November 2019, SAP SE and Acce-nture announced that they are co-innovating and co-developing the new SAP Cloud for utility solutions to help companies more effectively manage business processes and customer experiences. The initiative aims to elevate energy transition and customer experiences, assisting companies to adapt and thrive in changing times quickly.
- In August 2019, EnergyHub announced a collaboration with Oracle Utilities to help energy providers intelligently incorporate distributed energy resources (DERs) into their customer engagement and distribution network operations. The two companies are teaming to supercharge enrollment in bring-your-own-device (BYOD) programs, create a connected utility experience for customers, and enable utility distribution operators to integrate DERs at scale.
Key Market Trends
North America is Expected to Hold Major Share
- North America is one of the leading adopters of CIS software and is considered to be one of the largest markets for utility and energy analytics. A higher focus on innovations mainly drives the demand in the region through R&D and technology advancement in developed economies.
- Moreover, the region has a strong foothold of vendors in the market. Some of them include IBM Corporation, Oracle Corporation, and SAP SE, among others.? The United States plays a crucial role in increasing the demand form the region when compared to Canada. The country has increased demand, especially from oil and gas, refining, and power generation segments.
- The governing bodies and allied associations have been actively embracing customer information systems to resolve utility issues related to operations. For instance, in 2019, the City of New York Department of Environmental Protection (NYC DEP) selected Itineris and its UMAX Customer Information System to provide the utility with a state-of-the-art platform to deliver several key initiatives for its operations and to its citizens.
Regional Outlook of Customer Information System Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Customer Information System Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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