New IDC Energy Insights Report Reveals Critical Need for Utilities to Implement Sophisticated Business Intelligence Tools

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

IDC News Release, 4/13/11

IDC Energy Insights today announced the availability of a new, industry-leading study that reveals the critical need for the utility industry to implement business analytics solutions to support automation processes, to make better capital investment decisions, and to empower customers to manage their energy lifestyles. According to the study, the utility industry is expected to be one of the fastest-growing industries in adopting business analytics technology in the next few years.

Unlike any other research available in the industry, the new report, Business Strategy: Ready for the Dip…Err…Plunge? Utility Business Analytics (Document # EI227389) details how utilities can efficiently leverage business analytics in both the near and long term to improve operations, increase customer satisfaction, and continuously optimize business decisions.

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