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IT Spending Trends in the Energy and Utilities Sector 2024
It is a challenging time for organizations in the energy and utilities sector, with global conflicts, supply chain issues, government mandates, and environmental concerns churning the waters. The demands on their IT organizations are significant. What is it about the energy and utilities sector that makes it unique? In this report, we analyze the ways in which this sector differs from other sectors in terms of their IT spending characteristics. We conclude with recommendations for optimizing the IT budget within this sector.
May, 2024
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IT Spending and Staffing Benchmarks 2024/2025: Chapter 10: Energy and Utilities
Chapter 9 provides benchmarks for wholesale distributors. This category includes wholesale distributors of building products, home furnishings, home improvement products, auto parts, industrial components, fuel supply, electronics, food and beverage, and other products. The 49 respondents in the sample range in size from a minimum of about $50 million to $25 billion in revenue.
September, 2024
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IT Spending and Staffing Benchmarks 2024/2025: Chapter 33: Oil and Gas
Chapter 33 provides benchmarks for oil and gas producers and midstream distributors across all organization sizes. The 15 respondents in this sector include integrated energy companies, upstream exploration and production companies, natural gas companies, pipeline operators, and other energy and utilities companies. The companies in our sample range in size from a minimum of about $50 million to more than $100 billion in annual revenue.
September, 2024
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IT Spending and Staffing Benchmarks 2024/2025: Chapter 34: Utilities
Chapter 34 provides benchmarks for utilities. The 38 respondents in this subsector range in size from $85 million to $100 billion in annual revenue. This category includes gas and electric utilities, power transmission distributors, water and power utilities, and telecommunications service providers.
September, 2024
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Utilities Digital Services 2022–2023 RadarView™
The Utilities Digital Services 2022–2023 RadarView™ can help enterprises craft a robust strategy based on industry outlook, best practices, and digital transformation. The report can also aid them in identifying the right partners and service providers to accelerate their digital transformation. The 85-page report also highlights top market trends in the utilities digital services space and Avasant’s viewpoint.
December, 2022
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IT Spending and Staffing Benchmarks 2021/2022: Chapter 10: Energy and Utilities Sector Benchmarks
Chapter 10 provides benchmarks for public utilities, oil and gas producers, service companies, and midstream distributors across all organization sizes. The 21 respondents in this sector include public utilities (water, gas, and electric), integrated energy companies, upstream exploration and production companies, natural gas companies, pipeline operators, and other energy and utilities companies.
July, 2021
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Transformation in the Utilities Sector Is a Requirement, Not an Option
Read Avasant’s "Transformation in the Utilities Sector Is a Requirement, Not an Option" article to find out how Utilities industry, that has typically had difficulty in adapting to rapid changes, can both culturally and technologically, address these challenges.
August, 2019
Utilities
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