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ISG Provider Lens™ Names Hitachi Vantara Leader in the Power and Utilities Industry
For the Power and Utilities services and technologies market, ISG sees several common trends and drivers across regions, including the growing importance of sustainable practices, rising fuel prices, a need for enhanced customer experiences, and investment in cybersecurity. Read this global summary assessment to learn why Hitachi Vantara was named Leader for services and solutions and how we focus on innovation and developing utility-focused solutions that are driven by new-age technologies.
Overview
ISG's study focused on three important sectors for services and solutions providers in the Power and Utilities domain. These are Next Generation IT Services, Grid Modernization, and Enterprise Asset Management. Hitachi Vantara has been ranked as a Leader in all three.
- ISG's Next Generation IT Services quadrant assesses service providers offering IT managed services in the power & utilities industry. The services include application development and maintenance (ADM), infrastructure services (data center, cloud, network, workplace, and cybersecurity) and systems integration (such as new application development) across the value chain.
- Grid modernization and related services in the Power and Utilities industry include grid modeling, distributed energy resources management system (DERMS), advanced distribution management system (ADMS), geographic information system (GIS), volt-var optimization (VVO), distribution and operations, scheduling and dispatch, grid resilience, demand planning and forecasting, response design, and integration – leading to an improved, reliable, and optimized grid infrastructure. With energy transition and EV adoption taking centerstage, grids need to be modernized to provide a reliable service to customers.
- ISG's Enterprise Asset Management quadrant assesses service providers offering EAM services and solutions to clients in the Power and Utilities space. The services include asset lifecycle management, maintenance, repair and operations, labor management, controls management, application maintenance and support, supply chain solutions, cloud services, asset health management, digital enablement service, and remote monitoring.
Read this report to learn why ISG ranked Hitachi Vantara a Leader in all three.
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