Ken Research - ICT Investment Trends in the Energy Sector | Page 2

 Cloud computing services are witnessing an increased interest from energy companies primarily driven by benefits such as higher scalability, flexibility, cost reduction, and superior business continuity capabilities. Most energy companies are prioritizing investment in platform as a service (SaaS) and private cloud in the coming two years.  IoT has emerged as the next disruptive technology segment. With benefits including reduced operational time and human intervention, IoT technologies such as auto ID & mobility technologies, supervisory control & data acquisition (SCADA), real-time location tracking, and security and network sensors are gaining popularity among energy companies. To know more, click on the link below https://www.kenresearch.com/contact-us.php Related Reports ICT investment trends in utilities ICT investment trends in financial markets Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications [email protected] 0124-4230204 Keywords ICT investment in Energy Sector ICT Technology Development Expenditure in Energy Sector Third party IT services expenditure ICT software budget allocation in energy sector ICT hardware budget allocation in energy sector IoT investment in Energy Sector ICT investment challenges in Energy Sector