4Q 2022

Cloud Adoption, Configuration, and Implementation Across the Energy Industry

Asset Management, Customer Management, DER and DR Management, Grid Management, and Smart Metering: Global Market Analysis and Forecasts

The design architectures and delivery models for energy software have undergone a series of evolutions over the last decade. The development of more modular, open, and flexible solutions has been underpinned by an equally pivotal shift around the use of cloud and software as a service (SaaS) models. In the past, all data was centrally stored and processed in an on-premise data center, and utilities used their own staff to perform related business processes. In recent years, driven by the imperative to reduce business costs, many utilities have transitioned to more flexible, cloud-based architectures and delivery models.

While utilities’ adoption of cloud and SaaS has historically trailed other industries, the past decade has seen a transformational shift in energy providers’ willingness to explore and invest in cloud technologies. Utilities are awakening to the multi-pronged benefits that these models can deliver, from improvements in scalability and elasticity to more seamless upgrade procedures that ensure customers always have access to the latest and greatest features and functionality. The barriers around perceived cybersecurity concerns and outdated regulatory frameworks are quickly eroding as utilities, regulators, and customers realize the differentiated value that cloud and SaaS models can deliver.

In an industry where the concept of putting data analytics or back-office IT systems in the cloud was almost unheard of just a decade ago, and in a world where industries like banking, healthcare, and insurance are eons ahead in adopting cloud and SaaS models, energy providers’ migration toward end-to-end, cloud-based portfolios may come to fruition.

Pages 51
Tables | Charts | Figures 57
  • Which cloud and SaaS applications present the largest market potential for vendors?
  • What factors are helping drive the market for cloud and SaaS models?
  • What factors are inhibiting the market for cloud and SaaS models?
  • What are the most important trends in the cloud and SaaS models?
  • How large will the market for cloud and SaaS models grow?
  • Which global regions are growing the fastest?
  • Utilities and grid operators
  • Energy software vendors and service providers
  • Cloud service providers
  • Non-utility providers
  • Systems integrators
  • Government agencies
  • Research community
  • Investor community

1. Executive Summary

1.1   Introduction

1.2   Cloud Market Trends

1.3   Cloud Market Forecast

2. Market Issues

2.1   Cloud Definition and Evolution

2.1.1   Cloud Architectures

2.1.1.1   Public Cloud

2.1.1.2   Private Cloud

2.1.1.3   Hybrid Cloud

2.2   Cloud Technologies

2.2.1   Asset Management

2.2.2   Customer Management

2.2.3   DER and DR Management

2.2.4   Grid Management

2.2.5   Smart Metering

2.3   Market Drivers

2.3.1   Proliferation of Data and DER

2.3.2   Scalability and Elasticity

2.3.3   Cybersecurity

2.3.4   Evolving Regulations

2.3.5   Skills Shortages

2.3.6   Customer Satisfaction

2.3.7   Time to Market

2.3.8   Evergreen Upgrades

2.4   Market Barriers

2.4.1   Cybersecurity Perceptions

2.4.2   Outdated Financing Models

2.4.3   Lack of Control

2.4.4   Reliance on Connectivity

3. Key Industry Players

3.1   Cloud Platform Providers

3.1.1   AWS

3.1.2   Google Cloud

3.1.3   Microsoft Azure

3.2   Energy Software Providers

3.2.1   AutoGrid

3.2.2   Bidgely

3.2.3   C3 AI

3.2.4   EnergyHub

3.2.5   General Electric

3.2.6   Hitachi Energy

3.2.7   Itron

3.2.8   mPrest

3.2.9   Oracle

3.2.10   SAP

3.2.11   Schneider Electric

3.2.12   Siemens

3.2.13   Uplight

4. Market Forecasts

4.1   Introduction

4.2   Forecast Methodology

4.3   Market Forecast

4.3.1   North America

4.3.2   Europe

4.3.3   Asia Pacific

4.3.4   Latin America

4.3.5   Middle East & Africa

5. Conclusions

5.1 The Future of Cloud

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study, Sources and Methodology, Notes

  1. SaaS/Recurring Spending by Region, World Markets: 2021-2030
  2. SaaS/Recurring Spending by Category, World Markets: 2021-2030
  3. SaaS/Recurring Spending by Category, North America: 2021-2030
  4. SaaS/Recurring Spending by Category, Europe: 2021-2030
  5. SaaS/Recurring Spending by Category, Asia Pacific: 2021-2030
  6. SaaS/Recurring Spending by Category, Latin America: 2021-2030
  7. SaaS/Recurring Spending by Category, Middle East & Africa: 2021-2030
  • SaaS/Recurring Spending by Region, World Markets: 2021-2030
  • SaaS/Recurring Spending by Category, World Markets: 2021-2030
  • SaaS/Recurring Spending by Technology, World Markets: 2021-2030
  • SaaS/Recurring Spending by Category, North America: 2021-2030
  • SaaS/Recurring Spending by Technology, North America: 2021-2030
  • SaaS/Recurring Spending by Category, Europe: 2021-2030
  • SaaS/Recurring Spending by Technology, Europe: 2021-2030
  • SaaS/Recurring Spending by Category, Asia Pacific: 2021-2030
  • SaaS/Recurring Spending by Technology, Asia Pacific: 2021-2030
  • SaaS/Recurring Spending by Category, Latin America: 2021-2030
  • SaaS/Recurring Spending by Technology, Latin America: 2021-2030
  • SaaS/Recurring Spending by Category, Middle East & Africa: 2021-2030
  • SaaS/Recurring Spending by Technology, Middle East & Africa: 2021-2030
  • Asset Management SaaS Spending by Region, World Markets: 2021-2030
  • Asset Management SaaS Spending by Technology, World Markets: 2021-2030
  • Asset Management SaaS Spending by Technology, North America: 2021-2030
  • Asset Management SaaS Spending by Technology, Europe: 2021-2030
  • Asset Management SaaS Spending by Technology, Asia Pacific: 2021-2030
  • Asset Management SaaS Spending by Technology, Latin America: 2021-2030
  • Asset Management SaaS Spending by Technology, Middle East & Africa: 2021-2030
  • Customer Management SaaS Spending by Region, World Markets: 2021-2030
  • Customer Management SaaS Spending by Technology, World Markets: 2021-2030
  • Customer Management SaaS Spending by Technology, North America: 2021-2030
  • Customer Management SaaS Spending by Technology, Europe: 2021-2030
  • Customer Management SaaS Spending by Technology, Asia Pacific: 2021-2030
  • Customer Management SaaS Spending by Technology, Latin America: 2021-2030
  • Customer Management SaaS Spending by Technology, Middle East & Africa: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Region, World Markets: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Technology, World Markets: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Technology, North America: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Technology, Europe: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Technology, Asia Pacific: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Technology, Latin America: 2021-2030
  • DER & DR Management SaaS/Recurring Spending by Technology, Middle East & Africa: 2021-2030
  • Grid Management SaaS Spending by Region, World Markets: 2021-2030
  • Grid Management SaaS Spending by Technology, World Markets: 2021-2030
  • Grid Management SaaS Spending by Technology, North America: 2021-2030
  • Grid Management SaaS Spending by Technology, Europe: 2021-2030
  • Grid Management SaaS Spending by Technology, Asia Pacific: 2021-2030
  • Grid Management SaaS Spending by Technology, Latin America: 2021-2030
  • Grid Management SaaS Spending by Technology, Middle East & Africa: 2021-2030
  • Smart Meter SaaS Spending by Region, World Markets: 2021-2030
  • Smart Meter SaaS Spending by Technology, World Markets: 2021-2030
  • Smart Meter SaaS Spending by Technology, North America: 2021-2030
  • Smart Meter SaaS Spending by Technology, Europe: 2021-2030
  • Smart Meter SaaS Spending by Technology, Asia Pacific: 2021-2030
  • Smart Meter SaaS Spending by Technology, Latin America: 2021-2030
  • Smart Meter SaaS Spending by Technology, Middle East & Africa: 2021-2030
  • Key Cloud Market & Technology Trends
  • State Actions on Cloud for Utilities
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