EU’s Energy Firms Pursue Shared Goal of Self-Reliance
- European governments investing in upgrading infrastructure for energy independence
- Digital transformation key to building competitive power and utilities industry
- Shift towards clean energy driving investments in the sector
- Accenture, IBM, Infosys, and TCS named as Leaders in all five quadrants
- Europe's dependency on gas imports from Russia poses a major challenge
Digital transformation holds the key to building a competitive, sustainable power and utilities industry in
The 2023 ISG Provider Lens™ Power and Utilities – Services and Solutions report for
“Utilities are under constant pressure to reduce operating costs and improve customer service,” said Ola Chowning, ISG partner,
Historically, when it comes to maintaining a diversified energy mix,
The growing shift toward clean energy is fundamentally changing the dynamics of the European power and utilities sector, ISG says. In addition to pursuing self-reliance, the goals of achieving net-zero and decarbonization are now driving investments in the sector. Companies are hopeful that their digital transformation will help achieve these ends, the ISG report says. According to the report, digital transformation can enable resilience, making it easier to move toward sustainable sources of energy, increase asset performance and improve customer experience while also meeting regulatory requirements.
“Power and utilities companies in
The report also examines how so-called brown industries have begun investing in clean technologies as a way forward to becoming green industries.
The 2023 ISG Provider Lens™ Power and Utilities – Services and Solutions report for
The report names Accenture, IBM, Infosys and TCS as Leaders in all five quadrants, while Cognizant and Wipro are named as Leaders in four quadrants each. Capgemini and Eviden (Atos) are named as Leaders in three quadrants each, while Teleperformance and WNS are named as Leaders in two quadrants each. DXC Technology, HCLTech, Hitachi Vantara, Tech Mahindra and Tietoevry are named as Leaders in one quadrant each.
In addition, Computacenter is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant.
The 2023 ISG Provider Lens™ Power and Utilities – Services and Solutions report for
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across
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About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in
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Press Contacts:
Will Thoretz, ISG
+1 203 517 3119
will.thoretz@isg-one.com
Kate Hartley, Carrot Communications for ISG
+44 (0)20 3457 6403
kate.hartley@carrotcomms.co.uk
Source: Information Services Group, Inc.
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