Revenue for IT applications in the Western European utility market is predicted to increase from $258m in 2001 to $408m in 2006.
IDC believes this increase will occur due to the disappearance of old utility monopolies, leaving market conditions ripe for increased competition and investment in new technologies.
Software is found to be the fastest growing IT segment for the utility market, with investment driven by the implementation of advanced applications that span the whole value chain.
The report, Utilities – The Impact of European Deregulation on the Sector, can be purchased at the IDC website.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel