TECH SUPPLIER Apr 2020 - Market Perspective - Doc # EUR144955920
EMEA Utilities Industry Quarterly Update: January–March 2020
By: Jean-François SegalottoAssociate Research Director, Europe, Luiza Semernya
This IDC Market Perspective provides an overview of the utilities industry in 1Q20, covering M&As, agreements, reorganizations, and major business developments; new financing deals; major traditional infrastructure projects; major renewables infrastructure projects; water developments; nuclear developments; smart metering, smart grid, and energy-efficiency initiatives; major emobility activities; IT ecosystem major acquisitions and agreements; major IT and OT contract wins; and product announcements.
"While the COVID-19 pandemic will represent a watershed moment in how every company goes about its business, utilities will continue to undergo and likely accelerate profound changes, bringing efficiency, decarbonization, and digitization to the sector along with new non-commodity business models," said Jean-François Segalotto, associate research director, Europe, IDC Energy Insights."