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Energy and Utility Analytics Market

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a year ago

Global Energy and Utility Analytics Market Research Report 2023

This report aims to provide a comprehensive presentation of the global market for Energy and Utility Analytics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Energy and Utility Analytics.
The Energ...

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2 years ago

Global Energy and Utility Analytics Market Size study, by Type (Software and Services), by Application (Load Research and Forecasting, Meter Operation and Optimization, Transmission and Distribution Management, Predictive Maintenance, Workforce Management, Emergency Response Management and Others), by Deployment Model (On-Premises and Hosted), by Industry vertical (Energy' Oil' and Gas Vertical and Utilities Vertical) and Regional Forecasts 2019-2026.

Global Energy and Utility Analytics Market is valued approximately at USD 2.3 billion in 2018 and is anticipated to grow with a CAGR of more than 13.5% over the forecast period 2019-2026. Energy and Utilities analytics are used by companies to track the power consumption of their consumers using technology. The introduction of smart meters and smart grids have enabled energy and utilities provi...

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Energy and Utility Analytics Market

Energy and utility analytics enable you to combine data from multiple sources and freely explore and analyze that data in order to make smart, data-driven decisions like improving efficiency by optimizing the supply chain and midstream costs. Improving facilities and equipment to reduce emissions.


Energy and utility analytics, in its broadest sense, is the use of statistical and mathematical techniques to analyze past and present energy consumption data in order to forecast future energy needs. The goal of energy and utility analytics is to assist businesses in saving money by lowering their overall energy consumption.


The energy and utility analytics market is expected to grow at a XX% CAGR from USD XX billion in 2019 to USD XX billion by 2031. The need for improved operational efficiency and asset management, the growing demand for real-time data insights, and a greater emphasis on customer engagement and satisfaction are the major drivers for this market.

 

International Business Machines (IBM) Corporation, Intel Corporation, SAP SE, Ericsson, Cisco Systems Inc., Eaton Corporation Inc., Schneider Electric SE, Capgemini SE, Oracle Corporation, and TIBCO Software Inc. are a few key players in the energy and utility analytics industry.

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