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Nov 2015 - IDC FutureScape - Doc # EISC06X

IDC FutureScape: Worldwide Utilities 2016 Predictions

Authors: Roberta Bigliani, Emilie Ditton, Robert Eastman, Jill Feblowitz, Gaia Gallotti, Robert Parker, Jean-François Segalotto
Abstract

This IDC FutureScape contains the outlook of IDC Energy Insights' analyst team for the worldwide utilities industry for 2016, as well as the planning horizon for the next 24 months and beyond. This is presented through the lens of the 10 predictions that make up, in IDC Energy Insights' view, the framework for IT and line-of-business (LOB) decision makers and influencers' planning and execution of technology-related initiatives in the year ahead.

"Overall, the traditional business models of utilities are under attack, directly and indirectly. The risk of utility disintermediation is becoming more apparent, and digital disruptors and innovators are working for a market scenario where value-added services are provided to consumers by non-utility companies," said Roberta Bigliani, associate vice president, IDC Energy Insights. "Utilities need to change the speed of their actions and proactively transform themselves. Utility business leaders should move their enterprises to the next level — to the level of digital transformation — employing digital technologies coupled with organizational, operational, and business model innovation to create new ways of operating and growing businesses."

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