What Are The Driving Factors Of Energy & Utility Analytics Market?


North America has also been experiencing a noteworthy flow of investments by the energy & utility organizations particularly for back-office IT systems, AMI (Advanced Metering Infrastructure), and grid edge customer analytics. Further, the investment in the advancement of energy and utility grids and are projected increase remarkably for next five years, which would subsequently contribute to exceptional growth for the energy & utility market in North America. The implementation of analytics by the energy and utility industry has already shown notable progress in their operations. Some of the utilities in North America have registered enhanced restoration forecasting with the help of data and analytical tools.

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Businesses operations in oil & gas companies present throughout the globe has some portion of operations that are being automated as a lot of data is gathered from sensors or internal source of company's data. Necessity for oil & gas companies to tap the benefit of advance analytics is the availability of huge unstructured and semi-structured data which needs to be analyzed in an efficient manner to improve the performance and reliability.

Some of the major players identified across the earplugs market are International Business Machines Corporation, Oracle Corporation, BuildingIQ, Inc., Capgemini SE, Energysavvy Inc., Infosys limited, SAP SE, SAS institute Inc., Wegowise, Inc. and Wipro Limited among others.


Energy & Utility Analytics


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