target audience: TECH SUPPLIER  Publication date: Jan 2024 - Document type: Market Presentation - Doc  Document number: # CA51606223

Industry Analysis Perspective: Americas Utilities and Natural Resources, 2023

By:  Nigel Wallis Loading

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Abstract


This IDC Market Presentation provides an industry analysis perspective that is designed to provide technology sellers' sales, marketers, and product and channel managers with foundational insight into the utilities sector in the Americas in 2023. By understanding how the business side operates, sales, marketers, and product and channel managers will clearly see which areas their technology products and services can truly add value to their companies.

Through this document, readers will gain a comprehensive understanding of the subsector and regional complexities of the utilities industry from Alaska to Argentina. The presentation outlines the major utility players in the leading nations in North, Central, and South America. Readers will have a strong idea about the industry, how it works, who the major players are, and in which direction the industry is heading from a regional and a country perspective.

"The key decision makers leading utilities in the Americas are responding to conditions while juggling multiple overlapping business priorities — from maintaining operational efficiency and performance to managing the energy transition and ensuring cybersecurity resilience — in a politically and socially sensitive industry. Utilities are reimagining the energy systems of the future, which are increasingly becoming renewable and decentralized, requiring the integration of distributed energy sources. Technology vendors must take on the role of a vital strategic partner to utilities organizations. It is crucial for technology vendors in the sector to adapt to this shift by aligning their offerings to meet the unique requirements and challenges of individual organizations," says Nigel Wallis, research VP, IDC Insights.



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