Salesforce launched Energy and Utilities Cloud aimed to ease daily activities for the Utility industry. Some of them are Federal Electricity Commission (CFE), ENEL, Duke Energy, and more. In 2021, Microsoft delivered new integrations between Dynamics 365 and Teams, enabling anyone in an organization to seamlessly view and collaborate on customer records within Teams, without having to purchase multiple license.ĪVEVA has a track record of co-innovation with major power and utilities customers globally who rely on AVEVA solutions to increase efficiency and safety of workers, improve plant reliability, reduce risks, augment productivity and advance overall business performance with transformative digital and cloud solutions.
#Power utility software software
SAP IS-U is an integrated component of SAP management software and uses the functions of the standars components SAP FI, CO, AM, SD, PM/SM and MM. This component can manage and bill customers who receive services, purchase goods, or pay fees and taxes. SAP IS-U supports business functions such as meter reading, meter data management, scheduling, billing, accounting, customer service and integration with customer relationship management. In 2021, Oracle Utilities, a leading software and cloud provider for the utility industry, staterted working with Veracity and Triniti Consulting to bring more comprehensive solutions to utilities in North America. Here are the rankings of the top 10 Utility software vendors in 2020 and their market shares. Internet of Things could usher in a new set of maintenance management apps. Smart grid investment will begin to taper off and the vertical could see more upheavals as utilities anticipate the fallout from the decision of some of their largest customers to replace conventional electricity with alternative energy sources. Utilities (Electricity, water and gas utilities) – Customer care, billing, Smart meter infrastructure, Energy Trading Risk Management, SCADA, Financials, HR, Procurement Source: Apps Run The World, December 2021 Top 10 Utility Software vendors
Exhibit 2: Worldwide Utility Software Market 2020-2025 Forecast, $M Through our forecast period, the Utility applications market size is expected to reach $5.8 billion by 2025, compared with $5.47 billion in 2020 at a compound annual growth rate of 1.1%. ( Sample from our Apps Database) Exhibit 1 – 2020 Utility Applications Market Shares Split By Top 10 Utility Vendors and Others We ask the simple question: Who’s buying Utility applications from whom and why? And we provide the answers – supported by decades of research – to our clients around the world. Last year Oracle was the market leader with a 7.3% market share in license, maintenance and subscription revenues, followed by SAP, Microsoft, AVEVA Group, and Salesforce.
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