Information Systems for Environmental Sustainability

IT, Resource Productivity, Environmental Preservation, and the Fourth Industrial Revolution

Surprise: Yet Another Optimistic Forecast of CMS Market Growth

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This one from Pike Research on CMS (and related services) in the electric utility sector:

BOULDER, Colo.–(BUSINESS WIRE)–The electric utility sector is in the midst of a dramatic transformation as it faces a myriad of business and regulatory challenges, including supply and demand issues, the cost of replacing aging infrastructure, investments in renewable energy, and ever-changing environmental and regulatory requirements. A number of progressive utilities are embracing this transition, and many seek to be agents of change with regard to reducing the energy industry’s environmental impact.

According to a new report from Pike Research, these trends will make the utility sector a prime market opportunity for carbon management software and services. The cleantech market intelligence firm forecasts that the global market for carbon management in the utility sector will increase from $141 million in 2010 to $788 million by 2017. Much of this market activity will be centered in the United States, which will represent 44% of the world market by 2017. [more]


Author: nigelpm

Associate Professor of Information Systems, Stephen M. Ross School of Business, University of Michigan - Helping organizations to navigate digital transformation.

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