Press release
Digital Transformation in Energy & Utilities Market Is Booming Worldwide : Tech Mahindra, HCL Technologies, Palo Alto Networks, Anyline
Digital Transformation in Energy & Utilities Market
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Key Players in This Report Include: Palo Alto Networks (United States), IBM (United States), Microsoft Corporation (United States), SAP (Germany), Oracle Corporation (United States), Atos (France), DXC Technology (United States), Anyline (Austria), Capgemini (France), HCL Technologies (India), Tech Mahindra (India).
Definition: Digital transformation refers to the adoption of cutting-edge and advanced technologies in order to improve business operations and customer experience. Rising IT spending in the energy and utility industries to reduce downtime, improve productivity, and automate the business processes is accelerating the digital transformation. The increasing demand for energy at the global level due to growing industrialization, development of smart infrastructure, and smart cities will boost the digital transformation in energy & utility industries.
In November 2021, Tech Mahindra partnered with Tanzania Electric Supply Company Ltd. for digital transformation. Tanzania Electric Supply Company Ltd. is transforming itself into a digital enterprise by deploying full spectrum of technology. Tech Mahindra is a leading solution provider in the energy and utility business and will implement digital solutions to drive innovation and accelerate TANESCO's digital transformation journey. The partnership is a huge step for Tech Mahindra that will open the door to offer NexGen Utility solutions and services across the Middle East and Africa.
Market Trends:
Increased Focus on Innovation and Integration of AI and ML in the Solutions to Improve Data Analysis
Evolution of 5G Network Technology and Increasing Popularity of RPA in the Utility Industries
Market Opportunities:
Rapidly Growing Renewable Energy Sector Across the Globe Will Create Significant Opportunities
Market Drivers:
Surging Demand for IoT and Big Data Analysis Solutions in the Energy & Utility Sector Will Boost the Market
Increasing Digital Transformation in the Energy & Utility Industry to Automate Operations, Improve Maintenance, and Extend Equipment Lifecycle
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The Global Digital Transformation in Energy & Utilities Market segments and Market Data Break Down are illuminated below:
by Application (Workforce Engagement, Customer Relationship Management, Predictive Maintenance, Automation, Meter Reading, Others), Components (Solutions, Services), Organization Size (Small and Medium Businesses, Large Businesses), Technology Type (Communication Tools, Cloud Computing, Cyber Security Solutions, Robotics, IoT, Others)
Global Digital Transformation in Energy & Utilities market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Digital Transformation in Energy & Utilities market by value and volume.
-To estimate the market shares of major segments of the Digital Transformation in Energy & Utilities
-To showcase the development of the Digital Transformation in Energy & Utilities market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Digital Transformation in Energy & Utilities market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Digital Transformation in Energy & Utilities
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Digital Transformation in Energy & Utilities market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Digital Transformation in Energy & Utilities Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Digital Transformation in Energy & Utilities market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Digital Transformation in Energy & Utilities Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Digital Transformation in Energy & Utilities Market Production by Region Digital Transformation in Energy & Utilities Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Digital Transformation in Energy & Utilities Market Report:
Digital Transformation in Energy & Utilities Overview, Definition and Classification Market drivers and barriers
Digital Transformation in Energy & Utilities Market Competition by Manufacturers
Impact Analysis of COVID-19 on Digital Transformation in Energy & Utilities Market
Digital Transformation in Energy & Utilities Capacity, Production, Revenue (Value) by Region (2022-2027)
Digital Transformation in Energy & Utilities Supply (Production), Consumption, Export, Import by Region (2022-2027)
Digital Transformation in Energy & Utilities Production, Revenue (Value), Price Trend by Type
Digital Transformation in Energy & Utilities Market Analysis by Application {Workforce Engagement, Customer Relationship Management, Predictive Maintenance, Automation, Meter Reading, Others}
Digital Transformation in Energy & Utilities Manufacturers Profiles/Analysis Digital Transformation in Energy & Utilities Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Browse Complete Summary and Table of Content @ https://www.advancemarketanalytics.com/reports/186159-global-digital-transformation-in-energy--utilities-market#utm_source=OpenPRLal
Key questions answered
How feasible is Digital Transformation in Energy & Utilities market for long-term investment?
What are influencing factors driving the demand for Digital Transformation in Energy & Utilities near future?
What is the impact analysis of various factors in the Global Digital Transformation in Energy & Utilities market growth?
What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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