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Business Strategy: What About Utilities IT Budget? Results from Western European Survey 2015

Business Strategy: What About Utilities IT Budget? Results from Western European Survey 2015

This IDC Energy Insights study analyzes the results of the annual IDC Energy Insights Survey covering France, Germany, Italy, the Nordics, Spain, and the U.K. Analysis focuses on the utilities industry based on 120 interviews carried out between July and October 2015.The study aims to understand the benchmark of ICT budgets versus revenues, ICT budget spending distribution, leading business initiatives to support IT decisions, and top information security priorities among utility enterprises in Western Europe. This study is one of a series of studies including the analysis of enterprise and line-of-business solution investment plans."More and more, we find IT spending trickling into the line of business' control. According to the survey, in the next 12 months, over 25% of Western European utilities' IT spending will be entirely controlled by the line of business, and 36% will be controlled by the IT department, but decisions will be influenced by the line of business," said Gaia Gallotti, research manager, IDC Energy Insights.


IDC Energy Insights Opinion
In This Study
Methodology
Definitions
Utilities Industry
Survey Respondent Profiles
Situation Overview
French Utilities are the Most Optimistic, while Caution Reigns across Western Europe
The Approach
Benchmarking Utilities' ICT Budgets
ICT Budget on Total Revenues and Additional Metrics for Budget Planning
Future Outlook
In Italy, Germany, and France, Growth and Innovation Activities Take the Lion's Share of Utilities' IT Budgets
External IT Spending Strongly Driven by Nordic and German Utilities
LOBs Gaining Influence over IT Spending, with IT Retaining Total Control in only a Third
Information Security and Data Protection is WE Utilities' Top Business Initiative
Data Loss and Leakage Prevention is WE Utilities' Top Information Security Priority
Essential Guidance
Actions to Consider
Learn More
Related Research
Synopsis

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