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OUT NOW from TechMarketView is UK Energy & Utilities Market Trends & Forecasts 2024.
TechMarketView analysts have crunched the numbers and conducted 100s of research interviews to understand the UK Software and IT Services market inside out. As we explain in UK Energy & Utilities Market Trends & Forecasts 2024, the market is set to continue to grow at a healthy pace through to the end of our forecast window in 2027.
The UK Energy & Utilities market for Software and IT Services remains one of broad opportunity – for both buyers and suppliers – but pressure in the sector is intense. A ferocious competitive environment, supply chain network disruptions, an increased focus on security, and inflationary pressures are all converging.
Innovation and the creative leverage of technology are competitive musts for E&U companies going forward – providing opportunities for the right Software and IT Services providers.
E&U enterprises continued to invest heavily in technologies such as smart grids, IoT, and predictive analytics to help better address market volatility, sustainability demands, and the need for reliability. Many E&U companies have begun to make important initial strides in adopting AI. From a GenAI perspective, the surface has only been scratched and the possibilities for its application in the sector are myriad.
Report author and Research Director, Duncan Aitchison, said: “The creative, effective and nimble leverage of technology, and in particular AI and intelligent automation, must be a key component of Energy & Utilities company responses to increasingly pressing change imperatives.”
Foundation Service clients can read the report now: UK Energy & Utilities Market Trends & Forecasts 2024.
To become a client, or find out if your organisation has a corporate licence, please contact Belinda Tewson.
Posted by HotViews Editor at '09:45' - Tagged: cloud energy digital utilities AI
