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Utility Smart Grid Sentiment Positive Say Executives, Zpryme Reports

2013-01-18 Print
 

According to Zpryme, utility sentiment increased for the second month in row, up by 4 percentage points in January.

FOR IMMEDIATE RELEASE / PRURGENT

Austin, TX - (Zpryme) – 1/18/13 – This month’s Smart Grid Index (SGI) results show that overall Smart Grid sentiment edged up slightly in January. Utility sentiment increased for the second month in row, up by 4 percentage points in January. Over the next 12 months, forty-one percent of respondents indicated that North America represented the best opportunity for utility related information and communication technologies (ICTs).

Download the Smart Grid Index (SGI) for January 2013 at: www.smartgridresearch.org.

Almost half of the vendors surveyed closed a new deal last month, while 61% of utilities expect to submit new Smart Grid proposals for budget approval over the next 12 months. Utilities surveyed said that their biggest concern in deploying Smart Grid technologies was the integration of systems or networks that used to be silos (55%).

This study was conducted by Zpryme and FierceSmartGrid by surveying 212 Smart Grid executives from January 3rd to January 15th of 2013. The survey was conducted online. Please note that percentages may not add up to 100 due to rounding. Three groups were used to inspect for differences: vendors (61% of sample), utilities (15% of sample), and total sample. The data are presented in figures 1 through 10 in this report.

Smart Grid Index Results (January 2013):

Overall Sentiment
67% currently have a positive view of the Smart Grid, a 1 percentage point increase from last month.

Expected Utility Investments
31% expect utility Smart Grid related investments to significantly increase over the next 12 months, a 1 percentage point increase from last month.

Current Sales/Expenditures
58% said their Smart Grid related sales or expenditures have increased over the last 12 months, a 3 percentage point decrease from last month.

Expected Sales/Expenditures
66% expect their Smart Grid related sales or expenditures to increase over the next 12 months, a 1 percentage point decrease from last month.

Hiring
51% expect the number of staff in Smart Grid related roles to increase over the next 12 months, a 3 percentage point decrease from last month.

Deals Closed
46% of vendor respondents said they closed new Smart Grid related deals last month, a 1 percentage point increase from last month.

New Proposals
61% of utility respondents plan to submit new Smart Grid proposals for budget approval over the next 12 months, a 12 percentage point decrease from last month.

About Zpryme Smart Grid Insights Practice:

Zpryme-powered Smart Grid Insight Practice (link) and Smart Grid Insights Advisory Board (link) help organizations understand their business environment, engage consumers, inspire innovation, and take action. These practices represent an evolution beyond traditional market research and consulting: combining sound fundamentals, innovative tools and methodologies, industry experience, and creative marketing savvy to supercharge clients’ success. At Zpryme, we don’t produce tables and charts; we deliver opportunity-focused, actionable insight that is both engaging and easy-to-digest. For more information, visit: www.zpryme.com.

For custom research inquiries please email Zpryme at smart.grid@zpryme.com, subjectline: “SGI Custom”

About FierceSmartGrid:

Written with a focus on industry CTOs and technical infrastructure decision-makers, FierceSmartGrid covers the latest business and technology news surrounding network intelligence, home networking, smart meters, and other key issues pertinent to the efficient delivery of economic, reliable, and sustainable energy services.

In addition to a free weekly email newsletter to keep up with this evolving marketplace, thousands of energy and telecom industry insiders who already subscribe to FierceSmartGrid also receive access to unique special reports, eBooks, webinars, events, and whitepapers. Join FierceSmartGrid today to get an edge in the energy delivery industry.

Zpryme Contact:

smart.grid@zpryme.com
+1 888.977.9631
www.zpryme.com
www.smartgridresearch.org (Zpryme Smart Grid Insights)

Follow Zpryme on: Twitter | Facebook | Linkedin

FierceSmartGrid Contact:

editors@fiercesmartgrid.com
www.fiercesmartgrid.com

 
Contact Info
Zpryme Research & Consulting
100 Congress
Suite 2000
Austin, Texas 78701

Phone: +1 888.977.9631

Website: http://www.smartgridresearch.org