Accessability Links
Cookies on our website
By continuing to use this website we will assume you are happy to receive cookies as outlined in our cookie policy
Accept Policy

Frost and Sullivan announces top 10 energy and ICT trends

Sep 30
Share this story:
Frost and Sullivan announces top 10 energy and ICT...

Consulting firm Frost and Sullivan has unveiled its run down of the top 10 industry trends that it believes will help to shape the future of convergence between the energy and ICT sectors.

The progress being made within the technology used in energy systems means that a whole host of significant opportunities have now arisen in terms of energy and communication solutions.

In an upcoming video conference on Wednesday October 2nd, industry manager Yiru Zhong, and senior consultant Jonathan Robinson will outline what trends can be expected to have a meaningful impact on the energy grid by the year 2020.

The firm claims that the level of investment in smart equipment is set to increase by nearly 400 per cent from $27 billion (£16.72 million) in 2011 to $125 billion in 2017.

This will cover an array of services including advanced metering and grid automation to high voltage cabling and demand response.

But it does warn that even such a large amount of extra money will still not be enough to set up what it refers to as a 'smart grid', and make it a reality.

Mr Robinson explained: “There is actually limited bandwidth within the energy utility companies to handle all the potential innovations that are taking place.

“Factors such as the growth in renewable energy and distributed generation are proving quite disruptive to the status quo in the energy market. Utilities are having to take on this challenge, whilst also investing in a range of grid upgrade projects”.

Ms Zhong added that the ICT sector is very often willing to participate in a particular technology, while also believing that strong demand exists, but is then confused by the slow rate of adoption in the energy sector.

An understanding of the energy sector's smart grid priorities is therefore considered by Zhong to be extremely helpful to vendors within the sector.

The webinar is therefore expected to appeal to telecom service providers, big data vendors, system integrators, as well as software developers.

Search for the latest management consultancy jobs and consulting recruitment opportunities or contact us on +44(0)207 089 9017

Share this story:
Add new comment
Jobs Related to this Post
5 result(s) found 
Page 1 of 1 

50K€ to 80K€ + Bonus
Our client is a Paris-based consultancy set up by a team of experts in the Financial Services consulting field. Their clients include leading banks, insurance companies and FinTech
Pharma Consulting Role at Customer Experience Consultancy Our client is a London-based consultancy that use Customer Experience Management to help their clients in a variety of sectors to achieve
£50k-£100k plus bonus benefi...
Our client is a growing European consulting firm with an excellent pedigree. Their consultancy approach doesn’t just focus on making existing processes more efficient
£40k-£55k plus bonus benefit...
Our client is a leading global financial services business which is very well established in the UK. They are growing their procurement operation and are looking for a Consultant with good indirect
€90,000 plus bonus, benefits
Germany - Munich
Our  client is a growing specialist strategy consulting firm who are growing internationally and are looking to augment their team in Germany.  We have a requirement for a good German