Global Energy Cloud Market to grow at a CAGR of +23% during forecast period 2017-2021

Press Release   •   Jan 17, 2018 20:15 EST

Energy cloud is a dynamic network that supports distributed energy resources (DER) with a two-way energy flow and can be implemented by a wide range of strategic, technological, operational, commercial and environmental changes, in approach of traditional utility model to increase energy efficiency. The global energy cloud market is growing because of factors such as aging infrastructure, carbon footprint concerns, grid security concerns and need for enterprises to have customer relationship management.

Energy cloud markets offers various solutions such as enterprise asset management, workforce management, reporting and analytics, customer relationship management and risk management. The market for reporting and analytics solution has significant growth opportunities during the forecast period, due to increasing need of improved decision making, optimization of internal business processes, increasing operational efficiencies and the need to gain competitive advantage in the market by the energy sector utilities.

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Key players:

Accenture PLC (Chicago, Illinois, U.S.), IBM Corporation (New York, U.S.), HCL Technologies (Noida, India), SAP SE ( Walldorf, Germany), Cisco Systems, Inc. ( California, U.S.), Oracle Corporation (California, U.S.), Capgemini (Paris, France), TCS (Mumbai, India), HPE (California, U.S.), Microsoft Corporation (Washington, U.S.), and Brillio (California, U.S.).

Global Energy Cloud Market to grow at a CAGR of +23% during forecast period 2017-2021

The geographical segmentation of the Global Energy Cloud Market entails the dominant regions in the market during the forecast period. Information on the region leading this market and the reasons for the dominance of this region are also some of the aspects highlighted under this section of the report. The competitive landscape section of the report presents the major vendors operating in the global Energy Cloud market. These key vendors are analyzed based on attributes such as their product profile, product introductions, SWOT analysis, and contact information.

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This study report on global Energy Cloud market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. The report talks about the competitive environment prevailing in the Energy Cloud market worldwide. The report lists the key players in the market and also provides insightful information about them such as their business overview, product segmentation, and revenue segmentation. Further, the report studies the market share held by the key players and forecast their growth during the next couple of years. The report also looks at the latest developments among the key players in the Energy Cloud market such as partnerships, mergers, and acquisitions.

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