Jul 26, 2017   SOURCE: BusinessWire

IDC Energy Insights Evaluates Distributed Energy Resource Management System Market

IDC Energy Insights today announced the publication of a new IDC MarketScape report evaluating forward-looking strategies and current capabilities of strategic consultants and systems integrators (SIs) in the area of distributed energy resource management systems (DERMS) in the utility space in North America. The new study, IDC MarketScape: North America DERMS Strategic Consultants and SIs 2017 Vendor Assessment (Doc #US42130117), provides an assessment of DERMS and how utilities should consider an investment here to maintain system reliability and meet the growing demands of their electricity customers. Vendors evaluated in this report include: Accenture, Deloitte, EY, IBM, Infosys, and OMNETRIC Group.

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According to John Villali, research director, IDC Energy Insights, "As distributed energy resources (DERs) continue to penetrate regional power markets at a rapid pace, utilities are being forced to look at investments in DERMS in order to maintain system reliability and meet the growing demands of their electricity customers. Participants in this study are at an advantage as they are positioning and establishing themselves as the 'ones to watch' in this evolving market. Utilities and vendors should leverage this new report to identify the strategic DERMS partners best suited to support growth in this area."

Key findings of the new report include:

  • The area of DERMS in the utility industry is steadily evolving with niche capabilities and strategies that are developing at different paces in regional markets in North America.
  • There are very few, if any true, end-to-end DERMS product offerings by any one vendor as there are a wide range of services and capabilities and customer needs in the area of DERMS.
  • The current technologies and capabilities in the DERMS market can be applied as an extension of an existing advanced distribution management system (ADMS) geared toward behind-the-meter energy resources and utility-scale renewable energy resources.

For additional information about this report or to arrange a one-on-one briefing with John Villali, please contact Sarah Murray at 781-378-2674 or sarah@attunecommunications.com. Reports are available to qualified members of the media. For information on purchasing reports, contact insights@idc.com; reporters should email sarah@attunecommunications.com.

About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT, telecommunications, or industry-specific vendors can be meaningfully compared. The framework also provides technology buyers with a transparent foundation to allow companies to independently compare the strengths and weaknesses of current and prospective vendors.

About IDC Energy Insights
IDC Energy Insights assists energy businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the utility and oil and gas industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company. For more information, please visit www.idc.com/energy, email info@idc-ei.com, or call 508-935-4400. Visit the IDC Energy Insights Community at http://idc-community.com/energy.