Annual IT spending by Western European utilities to reach $13.5 billion by 2018

According to a new IT spending forecast report published by IDC Energy Insights, total year-end IT spending by Western European utilities is expected to reach $13.5 billion by 2018, with an estimated 2013–2018 CAGR of 4.1%. Analyzing current IT spending, total year-end IT spending by Western European utilities is expected to be $11.6 billion in 2014, with electricity companies accounting for the largest share of spending, at 67% or $7.7 billion of the total.

Read More




Strategic network investments will be a major focus point for savvy CIOs in 2015, as companies seek...
Consolidation of three year industry research program with MIT Center for Digital Business and...
Colt Technology Services has succeeded in reducing latency between Tokyo and Hong Kong stock...
VeloCloud Networks has unveiled what it believes to be is the industry’s first SD-WAN solution...
Huawei will partner with eleven of the world’s leading banking IT solution providers to...
Latest Video

Ethernet gets legal thumbs up

More and more leading enterprises are moving to smarter more cost efficient Interconnect solutions, listen to why Wrigleys Solicitors in the UK chose Mellanox’s Ethernet solutions.

Read more