Top 20 Utilities Technology Companies - 2018

For the past few years, utilities worldwide have been pushing towards economization and greater involvement of tech-savvy consumers in energy efficiency programs—ideas that may seem opposing at first glance but actually complement each other. While the exponential rise of power demand looms large over the utilities, a collaborative effort between all the stakeholders involved the power consumption chain seems a viable option to optimize energy usage, and simultaneously welcome renewable sources. The year 2017 witnessed a radical shift in the area utility technologies, with rapid adoption of IoT devices, big data analytics, and cloud solutions to make grids smarter and more responsive to peak power demand surges.

This year, it will be interesting to see greater integration of non-conventional energy resources, especially on the corporate side of the consumption. Major organizations worldwide have been donning a new look, with energy-efficient buildings and ambitious plans to become completely energy-independent. Coupled with software solutions, the enterprise organizations have greater visibility and control over HVAC systems, lighting, and general asset power consumption. On the part of utilities, the deepening commitment toward resilience to price fluctuations and cybersecurity threats will only continue to intensify.

In a bid to provide a snapshot of the latest developments in utilities technology, a distinguished panel of prominent CEOs, CIOs, VC’s and analysts, along with CIOReview’s editorial board, have identified the front-runners in innovation. We present to you the “20 Most Promising Utilities Technology Solution Providers - 2018”, a summary of our analysis of the market.

Top Utilities Companies

Global technology development and consultancy firm offering innovative business optimizing solutions to the utility industry

Provides cutting edge SAP solutions for the Utilities industry to improve their cost performance

Provides utility billing, customer information systems, and data-driven asset and work management solutions

Native cloud company that enables enterprises to efficiently create and deliver communications that evokes positive response and action

Provides intelligent energy insights using artificial intelligence and machine learning capabilities

Provides relevant and effective technology solutions that address the unique requirements of the utilities industry

Markets, sells and supports software and related services for the electric power utilities industry

Provides packaged operational business intelligence that helps utilities use data from multiple sources to decrease costs, improve efficiency while increasing customer satisfaction

Built by industry experts, Sitetracker is the world’s first complete full-lifecycle project management platform, enabling innovators to plan effectively, deploy efficiently, and grow both the use and valuation of their portfolios

An energy solutions firm offering an overarching cloud-based, platform solution to enable efficient management and optimization of DER systems

ABB’s Enterprise Software Group

ABB’s Enterprise Software Group

Industrial enterprise software solution provider with a combined IT/OT offering - ABB and partner ecosystems together execute solutions for critical business objectives

Aclara Software

Aclara Software

Supplier of smart infrastructure solutions (SIS) to water, gas, and electric utilities globally

Itron Inc [NASDAQ: ITRI]

Itron Inc [NASDAQ: ITRI]

Technology and services company dedicated to the resourceful use of energy and water - provide comprehensive solutions to measure, manage and analyze energy and water

Microsoft [NASDAQ: MSFT]

Microsoft [NASDAQ: MSFT]

Develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and services - focusing heavily on Cloud computing since 2014

Open International Systems

Open International Systems

Provides technology solutions, on premises or in the cloud, that helps telecommunication and utilities service providers meet their goals and implement innovative business strategies

Oracle [NYSE: ORCL]

Oracle [NYSE: ORCL]

Offers SaaS application suites for ERP, HCM and CX, database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia

SAP

SAP

SAP empowers people and organizations to work together more efficiently using Enterprise Application Software

Smart Energy Water

Smart Energy Water

Global Smart Energy & Water Cloud Platforms Provider offering cloud based Software-as-a-Service (SaaS) solutions to Energy and Utility sector with core focus in areas of Customer Engagement, Mobile Workforce, Big Data and Analytics

Trimble

Trimble

Delivers products and services connecting the physical and digital worlds - core technologies in positioning, modeling, connectivity and data analytics, purpose built products and enterprise lifecycle solutions, transforming a broad range of industries

UDC Inc

UDC Inc

Provides asset management deployment services to support gas and electric utility customers