Cloud Computing in Power – Thematic Intelligence
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Cloud Computing in Power Market Overview
Cloud computing refers to computing delivered as an online service. It encompasses the provision of IT infrastructure, operating systems, middleware, and applications hosted within a data center and accessed by the end-user via the internet. In the power sector, there is the widespread use of infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS) model, and managed cloud service. With volatile geopolitical events, a prevailing energy crisis, an aging workforce, pressure to speed up the energy transition and meet the demand for a decentralized power grid, cloud computing technologies in the power sector can enhance operational efficiencies.
Power companies are already benefiting from the inherent advantages of the cloud. Power companies can use the insights from these cloud-hosted platforms to monitor key assets remotely, spot any machinery faults early, and extend the life of costly infrastructure. Cloud computing can also support the analysis of electric consumption patterns and the subsequent design of products and services aligned with consumer demand.
The cloud computing in power thematic study offers a comprehensive analysis of the cloud computing market size, factors responsible enhancing and disrupting the cloud computing market growth, key cloud computing market players, and power utilities sector scorecard, leading companies classified as adopters in power and cloud computing vendors in power sector.
Cloud Computing in Power – Value Chain Insights
The main components in the cloud computing value chain comprise of cloud computing stack and cloud professional services. The cloud computing stack comprises of cloud services including Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Cloud professional services, on the other hand, include cloud brokerage, cloud integration, and managed cloud services.
Cloud services (PaaS and IaaS): In the IaaS and PaaS markets, traditional IT stack infrastructure vendors, specializing in everything from databases and operating systems to virtualization, computing, storage, and networking, face competition from public cloud service providers. The latter use subscription-based, pay-as-you-use business models to offer a full portfolio of IT infrastructure, as well as tools and platforms for application developers.
Cloud Computing in Power – Value Chain Insights
For more insights on the cloud computing market value chain insights, download a free sample report
Cloud Computing in Power Market Dynamics
Cloud Computing in Power Market Drivers: Cloud computing provides users with an approach to consume IT that is more flexible, resource-efficient, and cost-effective than traditional IT. With access to real-time data and analytics platforms hosted on the cloud, power companies can often make difficult decisions quickly. Therefore, the scalability and agility of cloud encourages power companies to expand their digitalization efforts and be more innovative. For example, cloud greatly supports the smart grid integration that transforms the traditional power grid into an IoT network steered by intelligent meters and IoT sensors. European electric utility company E.ON has an ectogrid controlled via its cloud platform, ectocloud. This boosts performance over the entire grid by detecting and reacting to changes in supply, demand, and the functioning of on-site machinery in real-time.
Cloud Computing in Power Market Challenges: Some of the key impediments to the cloud computing market growth in the power sector are aging workforce, cybersecurity, digitalization, energy prices, and energy transition. Furthermore, COVID-19 forced every sector to adapt its operations overnight. The power sector was no different, with employees worldwide forced to work from home. Across many regions of the world, work-from-home practices have evolved into hybrid working practices, which are widely accepted by companies and increasingly demanded by workers. Therefore, the effective management of remote and hybrid teams and their operations must be a priority for power companies.
For more insights on the cloud computing in power industry dynamics, download a free report sample
Cloud Computing in Power – Industry Analysis
The global cloud computing revenues across all sectors are headed for strong growth, increasing from $637 billion in 2022 to $1.2 trillion in 2026. In the energy and utilities verticals (which include power companies), global cloud computing revenues will see a steady growth during the projected period. This growth will continue into future years as heavy industries, such as power, seek to secure and optimize their operations through continued digitalization.
The cloud computing in power analysis also covers –
- Mergers and acquisitions
- Patent trends
- Company filing trends
- Hiring trends
- Social media trends
- Cloud computing timeline
Cloud Computing in Power Sector Analysis
For more insights into the cloud computing in power industry forecast, download a free report sample
Cloud Computing in Power – Competitive Landscape
Leading cloud computing adopters in power: AES, Duke Energy, E.ON, Enel, Engie are some of the leading cloud computing adopters in power sector.
Leading cloud computing vendors: Alibaba, Alphabet, Amazon, Cisco, Cloud Software Group, Dell Technologies, Docker, DXC Technology, Huawei, Inspur, Kyndryl, Microsoft, Oracle, Progress Software, Rackspace, SAP, and VMware are some of the leading cloud computing vendors.
Specialist cloud computing vendors in power: Aveva, Avanade, Snowflake, and Uplight are some of the leading specialist cloud computing vendors in power.
For more information on the cloud computing in power industry players, download a free sample report
Power Utilities – Sector Scorecard
For more information on the cloud computing in power sector scorecard, download a free sample report
Cloud Computing in Power Overview
Page Count | 37 |
Value Chain | Cloud Computing Stack and Cloud Professional Services |
Leading Cloud Computing Adopters in Power | AES, Duke Energy, E.ON, Enel, and Engie |
Leading Cloud Computing Vendors | Alibaba, Alphabet, Amazon, Cisco, Cloud Software Group, Dell Technologies, Docker, DXC Technology, Huawei, Inspur, Kyndryl, Microsoft, Oracle, Progress Software, Rackspace, SAP, and VMware |
Specialist Cloud Computing Vendors in Power | Aveva, Avanade, Snowflake, and Uplight |
Scope
- An overview of the cloud computing value chain including leaders and challengers for each sub-segment.
- A Breakdown of the key challenges in the power industry, and how cloud computing technologies can help to solve them.
- Market size and growth forecasts for cloud computing split into segments.
- Case studies showing the use cases for cloud computing across the power industry.
- Analysis of alternative data including company filing, patent, hiring, and social media activity.
- A review of the leading adopters of cloud computing in the power industry, the specialist cloud computing vendors for the power industry, and the leading cloud computing vendors cross-industry.
- Thematic scorecards ranking leading power companies on their involvement in key themes, including cloud computing.
Reasons to Buy
- An overview of the cloud computing value chain including leaders and challengers for each sub-segment.
- A Breakdown of the key challenges in the power industry, and how cloud computing technologies can help to solve them.
- Market size and growth forecasts for cloud computing split into segments.
- Case studies showing the use cases for cloud computing across the power industry.
- Analysis of alternative data including company filing, patent, hiring, and social media activity.
- A review of the leading adopters of cloud computing in the power industry, the specialist cloud computing vendors for the power industry, and the leading cloud computing vendors cross-industry.
- Thematic scorecards ranking leading power companies on their involvement in key themes, including cloud computing.
Alphabet
Amazon
Alibaba
Tencent
Oracle
Cisco
Salesforce
IBM
SAP
AES
Dominion Energy
Duke Energy
E.ON
EDF
Enel
Engie
Fortum
Iberdrola
Rosatom
Vattenfall
ABB
Avanade
Aveva
Capgemini
Cloud&Heat
Contino
CM.com
IFS
Itron
Powercloud
Snowflakex
Systematic
Uplight
Veeam
Wipro
Table of Contents
Frequently asked questions
-
What are the key value chain components in the cloud computing in power industry?
Cloud computing stack and cloud professional services are some of the key value chain components in the cloud computing in power industry.
-
Which are the leading cloud computing adopters in power theme?
AES, Duke Energy, E.ON, Enel, and Engie are the leading cloud computing adopters in the power theme.
-
Which are the leading cloud computing vendors?
Alibaba, Alphabet, Amazon, Cisco, Cloud Software Group, Dell Technologies, Docker, DXC Technology, Huawei, Inspur, Kyndryl, Microsoft, Oracle, Progress Software, Rackspace, SAP, and VMware are the leading cloud computing vendors.
-
Which are the leading specialist cloud computing vendors in power?
Aveva, Avanade, Snowflake, and Uplight are some of the leading specialist cloud computing vendors in power.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.