This IDC Market Perspective provides an overview of utilities' asset operations in 4Q19, covering M&As, agreements, reorganizations, and major business developments; new financial deals, major traditional infrastructure projects; major renewables infrastructure projects; water new developments; nuclear new developments; smart meter and smart grid initiatives; emobility developments; IT and OT contract wins; and product announcements.
"While renewable energy generation maintains its growth momentum in the developed world, large-scale projects are nowadays often found in developing countries. Unlike with renewables, the spread of electric mobility seems to proceed at a fast pace not only in North America and Europe, but also in Asia, especially in China. More widespread use of emobility solutions in different geographies would make the case for an increasingly globalized utility world," said Phevos Skalidis, research manager, IDC Energy Insights Europe.
Cognitive/artificial intelligence, Connected vehicle, Global IT and economic markets, Internet of things, Operations and manufacturing applications, Partner business model, Vendor-partner relationship