EMEA Utilities Industry 2013 Top 10 Predictions: Dealing With the "New Normal"
This report presents IDC Energy Insights' top 10 predictions for the European, Middle Eastern, and African utility industry in 2013. The findings of this report were also presented as part of a Web conference on December 12, 2012.
"Utilities' performances are under pressure across the EMEA region. The economic downturn in many European countries, more difficult conditions on capital and borrowing markets, and most importantly uncertainty about medium- and long-term return on investments are stalling the smart energy transition. Nevertheless, renewable sources and distributed generation continue to develop," said Roberta Bigliani, head of EMEA, IDC Energy Insights. "Flexibility will be the 'new normal' for utilities. Smart technologies are the cornerstone of the transformation across the entire value chain. Utilities will invest in analytics, mobility, and cyber security. CIOs will consider alternative sourcing models to enable business agility and reduce IT investments. Different IT skill sets will be needed. Lack of clear leadership and governance in the integration of OT and IT could undermine innovation."