+20% CAGR to Be Achieved by Smart Utilities Managements Market According to Market Research Analysis and Industry Forecast to 2023
The utilities industry is going through a radical change. Increasing scrutiny from investors, regulators and customers regarding social responsibility have placed immense pressure on providers to lower the costs and reduce carbon emissions to conserve natural resources. Also, there is a further pressure to modernize existing infrastructure and old power plants and remove bottlenecks in both generation and distribution. This is facilitating the penetration of technology at all levels and is disrupting old models.
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