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[January 28, 2013]

ICT in Energy and Utilities: Frost & Sullivan's Top Predictions for 2013

LONDON, Jan. 28, 2013 /PRNewswire via COMTEX/ -- The evolving smart energy market offers significant potential for Information & Communication Technology (ICT) solutions. In the last two years, the industry has seen both ICT and energy vendors positioning themselves for such an opportunity. Frost & Sullivan believes that vendors' ambitions and smart energy value propositions dictate the long term success. Looking ahead, Frost & Sullivan expects 4 main forces to drive smart energy developments panning out in 2013 towards 2020; technology adoption, new business models, vendor dynamics and customer preference dominate business discussions this year.

The main market trends and opportunities for ICT within smart energy will be summarized during Frost & Sullivan's upcoming web conference on Tuesday, 5th February 2013, at 14.00 GMT. Frost & Sullivan Programme Manager for ICT in Energy/Utilities, Yiru Zhong, will highlight the main drivers that will support the continued optimism of the ICT sector in the energy industry. Ms Zhong will also present market predictions for 2013 and beyond, focusing on immediate ICT opportunities and showing signposts that could tip the market into the full blown growth phase.

"We know that the market potential for ICT from smart grid investments is substantial, but the intensity of competition is equally significant," notes Ms Zhong. "The emerging players within smart energy will not only provide core expertise to energy companies but also address financial and efficiency concerns. This suggests a bias for large IT vendors for their consulting and professional services; however we have also seen telecommunication players investing in this capability in the last few years. This is a long haul game and it will be interesting to see how ICT players develop their potential to establish a sustainable competitive edge in this new market place." This complimentary web conference will benefit ICT players who are looking beyond the hype around smart grids and into actual ICT market opportunities as energy companies build a smart energy future. The briefing will also present a summary of ICT trends in smart energy in 2012 to define the Business-As-Usual growth scenario for the ICT sector in 2013. Finally, Ms Zhong will highlight some of the obstacles that must be addressed to bring the energy sector closer to the smart energy future.

If you would like to participate in this complimentary web conference, please email Joanna Lewandowska, Corporate Communications, at Joanna.lewandowska@frost.com, with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies Contact Us: Start the discussionJoin Us: Join our communitySubscribe: Newsletter on "the next big thing"Register: Gain access to visionary innovation Contact: Joanna LewandowskaCorporate Communications - Europe, Frost & SullivanTel: +48 22 481 62 20E-mail: joanna.lewandowska@frost.comhttp://www.frost.comwww.twitter.com/frost_sullivanwww.facebook.com/FrostandSullivan SOURCE Frost & Sullivan

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