1Q 2013 (Navigant Research)
“Industrial energy management systems are evolving quickly to help industrial facilities minimize energy use and waste while still meeting the demands of production. Energy management system engagements with industrial clients are by nature high-touch and require the effective combination of software installation and a host of related services.”
click to enlarge“With their global presence, extensive domain expertise, and established infrastructure to support long-term engagements, large original equipment manufacturers have long dominated this market…[but large] IT companies with expertise in handling large data sets and sophisticated real-time business analytics applications are making inroads, as are smaller players. Navigant Research forecasts that worldwide spending on industrial energy management systems and services, including software components, will grow from $11.3 billion in 2013 to $22.4 billion in 2020, with a compound annual growth rate of 10.3%...”
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