Software-as-a-service solutions have witnessed significant growth over the last five to seven years, as cloud computing providers such as Amazon Web Services and Microsoft have emerged as market mainstays, veterans such as Salesforce continue to capture increasing market share, and traditional on-premise providers such as Oracle and Cisco make strategic acquisitions to bolster their cloud strategy.
The utility sector may have been slower to adopt cloud-based solutions than other sectors, but two recent reports from Navigant Research and IDC Energy Insights show that they’re not far behind. The surveys covered utility executives in both North American investor-owned utility and competitive retailer markets abroad.