Press release
Utilities Customer Information System (Cis) Software Market is Gaining Momentum with Oracle, efluid, SAP
Utilities Customer Information System (Cis) Software
Some of the major key players profiled in the study are Oracle (United States), efluid (France), SAP (Germany), Indra (Spain), Fluentgrid (India), Ferranti Computer Systems (Belgium), Cayenta (Canada), Advanced Utility Systems (Canada), Gentrack (United Kingdom), Hansen (Australia).
The global Utilities Customer Information System (Cis) Software market size is expanding at robust growth of 3.5%, sizing up market trajectory from USD 1173.8 Million in 2023 to USD 1441.6 Million by 2029.
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Definition:
Utilities Customer Information System (CIS) software refers to a type of software solution designed specifically for utility companies to manage and streamline their customer-related information and processes.
On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sectioned by Applications [Large Enterprises, SMEs], Product Types [Cloud Based, On Premise] and some significant parts of the business.
Market Trends:
Increasing demand for efficient customer management solutions in the utility sector.
Market Drivers:
Regulatory mandates and government initiatives for modernizing utility infrastructure.
Market Opportunities:
Expansion of the renewable energy sector and integration of distributed energy resources.
Market Restraints:
Expansion of the renewable energy sector and integration of distributed energy resources.
Market Challenges:
Expansion of the renewable energy sector and integration of distributed energy resources.
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Utilities Customer Information System (Cis) Software Market by Key Players: Oracle (United States), efluid (France), SAP (Germany), Indra (Spain), Fluentgrid (India), Ferranti Computer Systems (Belgium), Cayenta (Canada), Advanced Utility Systems (Canada), Gentrack (United Kingdom), Hansen (Australia)
Utilities Customer Information System (Cis) Software Market by Geographical Analysis:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, resea rch, tools, events, and experience that assist in decision-making.
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