ICT Investment Trends In Energy Market Research Report - Affected by Plunging Prices, Economic Slowdown in Emerging Economies

ResearchMoz added Latest Research Report titled " ICT Investment Trends In Energy " to it's Large Report database.

Summary
The Energy Sector has been affected by plunging prices, economic slowdown in emerging economies, and geopolitical change and instability, leading energy companies to adopt cost cutting measures to increase the efficiency and monetary return from the existing infrastructure. As a result, energy companies have taken a step towards improving ICT policies and initiatives.

Key Findings
- Kables survey reveals that hardware and software are the prime areas of focus among energy companies.
-Energy companies are making considerable investments in data center facilities and service desk functionality.
-Increase customer satisfaction, survival, and competitive advantage is the most important business objective influencing the IT investment strategy of energy companies.

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Synopsis
ICT investment trends in energy presents the findings from a survey of 114 energy companies regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how energy companies currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting. The report illustrates the core technologies that energy companies are investing in, including security products, IoT, cloud computing, and network services. The survey also highlights the approach to purchasing technology adopted by energy companies. Through Kables survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to energy companies. The report focuses on energy companies ICT expenditure trends for specific business areas and technologies, identifying the top three IT projects, and understanding the business challenges faced by organizations.

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Table of Contents

1 Trends in ICT budgets
1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 ICT budget allocation by core technology area
1.4.1 Hardware budget breakdown
1.4.2 Software budget breakdown
1.4.3 Third party IT services expenditure
1.4.4 Communications expenditure
1.4.5 Cloud computing budget
1.5 ICT budget allocation by function
1.6 Outsourced IT functions

2 ICT investment priorities and vendor satisfaction
2.1 Introduction
2.1.1 Security products
2.1.2 IoT
2.1.3 Cloud computing
2.1.4 Network services

3 ICT procurement trends
3.1 Introduction
3.2 Business objectives influencing IT investment strategy
3.3 ICT provider selection
3.4 Key decision maker for purchasing technology

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