[May 21, 2013]

Research and Markets: Cloud Solutions For A Smarter Grid 2012 - 2020 Global Market Outlook

Research and Markets (http://www.researchandmarkets.com/research/twszk3/cloud_solutions) has announced the addition of the "Cloud Solutions For A Smarter Grid (2012 - 2020 Global Market Outlook)" report to their offering.

Zpryme forecasts the smart grid related cloud services market to reach $4 billion by 2020. Global smart grid technology deployments are not only re-shaping the global energy landscape, but they are also poised to challenge the traditional business, IT, operations, and management structures that utilities have grown accustomed to over the past 50 years. To prepare for such change, utilities must embrace new business models and operational architectures that will allow them to meet the current and future needs of their customers. Highly scalable and cost-effective cloud solutions will play a key role in allowing both small and large utilities adapt to such changes.

Our forecast indicates the market for cloud solutions for utilities will experience dynamic growth oer the next 8-10 years, with an average annual growth rate of 25%. Growth will be moderate in the short-term, primarily led by North America and Europe, and accelerated later by Asia Pacific, which has been slower to adopt cloud services. However, by 2015 Asia Pacific will surpass Europe, and will do the same for North America in 2019, and by 2020 will account for the largest share of the global cloud services market. The major application areas for cloud solutions will be in distribution system software and applications, AMI, and data management and analytics.

This report includes solution offerings from key vendors and a brief of leading utilities that are deploying cloud based solutions. It provides a concise set of strategic insights to capitalize on the global Cloud Services for Utilities market opportunity. This includes our overall go-to-market recommendations, major application areas, market drivers, key success factors for market entry, and our market outlook from 2012 to 2020.

Companies Mentioned

- ABB

- Alstom Grid

- Cisco (News - Alert)

- City of Palo Alto

- Comverge

- Elster

- eMeter (a Siemens Company)

- EnerNOC

- European Union Consortium

- GE

- GridMaven

- IBM (News - Alert)

- Itron

- Landis + Gyr

- Microsoft and Telvent

- National Grid

- National Grid (US)

- Northwestern Energy

- Oracle

- Proximetry (News - Alert)

- San Diego Gas and Electric

- SAP

- Schneider Electric

- Silver Spring Networks

- Tendril

- Utilities Leading the Way

- Verdeeco

For more information visit http://www.researchandmarkets.com/research/twszk3/cloud_solutions

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