News Archive for Oil and Gas Software

Power system analysis software market to exhibit 12.6% CAGR 2016-2024, growing investments on smart grid systems to drive growth

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With the growing demand for electricity, utility providers are struggling to optimize their efficiency and minimize losses occurring during generation and distribution of electricity. Power system analysis software addresses this issue. The data generated from smart components such as automated distribution systems, meters, and sensing and measurement devices is transmitted to the utility station where predictive analysis of the data is done with the help of power system analysis software. Such predictive analysis helps utility providers to efficiently cater to the surging demand for electricity with optimum returns on investment.

The global power system analysis software market is expected to expand robustly at a CAGR of 12.6% during the period between 2016 and 2024. The overall market was worth US$3,540.4 mn in 2015 and is anticipated to reach a valuation of US$10,245.6 mn by 2024. Increased investment on smart grid systems has propelled the demand for power system analysis software, especially across developed economies. For example, in Canada, the government’s efforts to transform power supply and upgrade electricity infrastructure have majorly boosted the growth of the power system analysis software market in North America.

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Green Energy and Smart Power Technology to go Hand in Hand

Some of the prominent companies in the global power system analysis software market are Siemens AG, ABB Ltd., General Electric Company, ETAP/Operation Technology Inc., Schneider Electric DMS NS, Atos SE, PSI AG, Artelys SA, Operation Simulation Associates Inc., Energy Exemplar, Unicorn Systems, Electricity Coordinating Center Ltd., Open Systems International Inc., PowerWorld Corporation, Eaton Corporation Plc, Nexant Inc., Pöyry, Electrocon International Inc., DIgSILENT GmbH, and Neplan AG. With the growing demand for green energy, the field of digital power generation has attracted unprecedented attention. The key players in the global power system analysis market are focussing on introducing Internet of Things (IoT) to analyze operating data across smart grids to increase efficiency during generation and distribution of electricity.

ABB Introduces Smart Sensors to Analyze Operating Data across Low-Voltage Motors

Analyzing operating data has not been limited to smart grids. Switzerland-based ABB Ltd. has recently introduced its new sensor technology for low-voltage motors. This sensor technology can increase equipment lifetime by 30% while reducing downtime by 70%. These smart sensors are attached directly to the motors and are able to send operating data such as vibration, temperature, power consumption, and potential overload through wireless mode. The compiled data is then analyzed on a customized platform by the plant operator who can take decisions that will reduce energy consumption and the wear and tear on low-voltage motors. The data transmitted wirelessly is encrypted to a secure server.

In the coming years, organizations are expected to focus more on energy consumption and emission. As a result, the demand for smart power technologies including power system analysis software is bound to surge.

Research Report: http://www.transparencymarketresearch.com/power-system-analysis-software-market.html

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Integrated systems market size to reach $30.8 billion by 2022: Global Market Insights Inc.

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Integrated systems market size was valued at USD 9.52 billion in 2014 and is anticipated to reach USD 30.8 billion by 2022, as per a new research report by Global Market Insights, Inc. Rising need to reassess data center infrastructure is expected to fuel industry demand. In addition, implementation advantages such as simplified management, high flexibility and cost savings provided to end users are also likely to propel growth over the forecast period.

Consulting services accounted for over 16% of the integrated systems market share in 2014. This can be primarily attributed to cost-effective capabilities offered to end users on the basis of standards and new policies. Maintenance & support market size is anticipated to exceed USD 6 billion by 2022.

Get Detail TOC and sample pages from our latest research report PDF@ https://www.gminsights.com/request-sample/detail/177

Increasing number of companies that seek to deploy distributed IT and intricate infrastructure that spans private, hybrid, and public clouds has driven the need for effective and efficient IT infrastructure management. This can also be managed effortlessly with the help of a single console that simplifies automates workload, which in turn minimizes operational expenses. However, high initial cost for deployment is likely to hinder integrated systems market growth over the next few years. Moreover, need to emulate scale-out architectures that call for disruption of traditional vendor landscape has impelled industry demand.

Browse Integrated Systems Market Size By Service (Maintenance & Support, Installation & Integration, Consulting Services), By Product (Integrated Infrastructure Systems, Integrated Platform/Integrated Workload Systems), By End-Use (IT & Telecom, Banking Financial Services and Insurance, Retail, Healthcare, Manufacturing), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022 report at:https://www.gminsights.com/industry-analysis/integrated-systems-market-size
Key report insights suggest:

  • Global demand in the banking financial services and insurance (BFSI) sector accounted for 25% of the total industry share in 2014, mainly on account of high adoption.
  • Integrated platform system market was valued at over USD 4.5 billion in 2014. These products are mainly deployed to enable functions such as storage, integration tools, application development and testing.

 

  • U.S. integrated systems market share accounted for around 35% of the total revenue in 2014 and is expected to continue dominating demand. This can be attributed to rising technology innovation and high penetration rate.

 

  • Key providers to the integrated systems market include HP, Oracle, and IBM. Other players include Huawei, Accenture, Cisco, Deloitte, Capgemini, Hitachi, and Fujitsu. In addition to new product development, providers collaborate with virtualization vendors with the aim to expand presence.

Global Market Insights has segmented the integrated systems industry on the basis of products, services, end-use areas, and regional markets:

Integrated Systems Market Product Analysis (Revenue, 2012 – 2022, USD Million)

  • Integrated platform systems
  • Integrated infrastructure systems

Integrated Systems Market Service Analysis (Revenue, 2012 – 2022, USD Million)

  • Installation & Integration
  • Consulting Services
  • Maintenance & Support

Integrated Systems Market End-Use Analysis (Revenue, 2012 – 2022, USD Million)

  • Banking Financial Services and Insurance (BFSI)
  • IT & Telecom
  • Retail
  • Manufacturing
  • Healthcare
  • Others

 

 

Integrated Systems Market Regional Analysis (Revenue, 2012 – 2022, USD Million)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

 

Browse Full Press Release: https://www.gminsights.com/pressrelease/integrated-systems-market-report

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

 

Identity & Access Management (IAM) market size to reach $26.74 billion by 2022: Global Market Insights Inc.

Identity & Access Management (IAM) market size is estimated to reach USD 26.74 billion by 2022, as per a new research report by Global Market Insights, Inc. Increasing need for advanced network capabilities accompanied by cloud-native architecture is likely to propel the industry demand over the few coming years. Surging implementation of this scheme by large and medium scale organizations as well as government agencies is predicted to boost Identity & Access Management (IAM) market growth from 2015 to 2022.

An organization’s operating efficiency can be improved by formulating a well-defined process to manage information access. In order to offer access to enterprise information for trading partners, customers, and employees, companies need to offer an enhanced infrastructure.

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A large number of enterprises are unable to manage the security administration requirements of all users through manual measures owing to huge customer base. While automating, these enterprises divest the administrative costs to customers or end-users. Extranet Access Management (EAM) products are anticipated to play a key role in end-user self-registration. It also helps in portal and personalization implementation as well as outsourcing. Since numerous enterprises outsource their IT operations, service providers must have a well-defined security administration function. This security function helps in making operations efficient as well as cost effective for both entities.

Automating the process aids in time-saving across wide areas, by reducing the time frame to approve access requests for approvals. It allows revenue producing contractors and employees get access to desired resources, thus improving the overall organizational efficiency. Additionally, enterprises produce reports for everyday security administration purposes. Obtaining the required information from a centralized facility would improve operational efficiency.

Surging use of mobile apps as well as cloud services in order to optimize cost and drive productivity is predicted to increase the complexity of IT. Growing usage of various types of applications and resources may also increase the complexity. Companies are now making a shift to hybrid on-premise/on-demand paradigm for controlling access to data as well as applications. Feasible models such as SaaS offer ease of application access.

Patient identity management is likely to help in controlling access to patient’s private data. Increasing usage of electronic healthcare records is predicted to drive the need for implementation of IAM systems. Simple and secure online experience provided by telecom and IT companies may provide growth avenues for the IAM market over the forecast period.

Browse Identity and Access Management (IAM) Market Size By End-Use (BFSI, Education, Healthcare, Energy, Oil & Gas, Telecom &IT, Manufacturing Public Sector & Utilities), By Deployment (Hybrid, Cloud, On-Premise), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022 report at:https://www.gminsights.com/industry-analysis/identity-and-access-management-market
Key report insights suggest:

Asia Pacific IAM market size is predicted to reach USD 6.8 billion by 2022. Increasing application of these solutions coupled with surging cyber threats on critical infrastructure is likely to drive the industry across the region over the coming years. North America IAM market share accounted for over 35% of the global revenue in 2014 and is predicted to experience moderate growth.

Cloud IAM market share in estimated to grow at a CAGR of over 20% from 2015 to 2022. Numerous benefits offered by cloud service include less cost involvement, no hardware or software deployment and offers simplified management. On-premise deployment is anticipated to use traditional in-house data centers for controlling security patches as well as offer software updates.

Surging demand in BFSI applications owing to high security offered is anticipated to propel the IAM market growth from 2015 to 2022. Education sector is projected to experience significant growth. Growing demand for various services make it crucial for institutions to ensure that digital transactions are secure. IAM offers confidentiality by establishing a secure process for user identification and set protocols for controlling online access to resources.

Key industry participants accumulating major IAM market share include OneLogin, CA Technologies, Centrify, Amazon Web services, Oracle, Forge RockInc., Net IQ, Dell Software, HP, IBM, EMC Corporation, and HID Global Corporation.

 

For the purpose of this study, Global Market Insights has segmented the IAM market on the basis of deployment, end-use, and region:

Global IAM Market Device Analysis (Revenue, USD Million, 2012 – 2022)

  • Cloud
  • Hybrid
  • On-premise

Global IAM Market Analysis (Revenue, USD Million, 2012 – 2022)

  • BFSI
  • Energy
  • Oil & Gas
  • Telecom & IT
  • Education
  • Healthcare
  • Public sector & utilities
  • Manufacturing
  • Others

Global IAM Market Regional Analysis (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

 

Browse Full Press Release: https://www.gminsights.com/pressrelease/identity-and-access-management-IAM-market-report

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

 

 

 

 

Global mobile virtual network operator (MVNO) market size worth $89.25 billion by 2022: Global Market Insights Inc.

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Mobile Virtual Network Operator (MVNO) market size is forecast to generate USD 89.25 billion revenue by 2022; as per a new research report by Global Market Insights, Inc.

Growing disposable income and growing migrating population, particularly from Asia Pacific, for education and employment is expected to drive the global MVNO market.

Operators offer numerous services such as sports, M2M, measuring devices, and surveillance. Voice controlled remote device services in patient monitoring, security, and medical applications are forecast to create opportunities for Japan MVNO market growth.

Get Detail TOC and sample pages from our latest research report @ https://www.gminsights.com/pressrelease/mobile-virtual-network-operator-mvno-market

Favorable regulatory frameworks in the European Union are expected to play a crucial role in regional market development.

Major operator types include full, light/thin, intermediate/medium, and branded resellers. In developed regional industries such as the UK, Germany and U.S., revenue generation is expected from data and VAS usage owing to increasing 3G, 4G, and LTE network deployments.

Managing personal data, connected living, and increasing digital commerce activities are expected to provide significant growth opportunities along with increasing consumer benefits. Increasing number of mobile subscribers is one of the major drivers, along with technological advancements, smartphone demand, and mobile broadband connections.

Browse Mobile Virtual Network Operator (MVNO) Market Size By Country (U.S., Canada, Germany, Italy, UK, France, Spain, Netherlands, Brazil, Mexico, Colombia, Singapore, Malaysia, Australia, Japan, Hong Kong, Africa), Industry Analysis Report, Regional Analysis, Application Potential, Competitive Market Share & Forecast, 2015 – 2022 report at:https://www.gminsights.com/industry-analysis/mobile-virtual-network-operator-mvno-market-size

Key insights from the report include:

  • Global MVNO subscriber base was 174 million in 2014 and is forecast to reach 413.1 million by 2022, at 11.6% CAGR from 2015 to 2022.
  • U.S. MVNO market size is predicted to surpass USD 30 billion by 2022. Competitors catering to the region target price sensitive consumers that do not opt for multi-year contracts or subscriptions.
  • The cost of acquiring and retaining new customers is comparatively high, particularly for fixed term contracts. Access to voice and data services at low cost is expected to be the key interest for customers.
  • Europe MVNO market share was more than 45% in 2014. Promotion of interconnection and interoperability of services, along with increasing broadband and FTTH usage will drive revenue in the coming years.
  • Network operators, consumer brand & distribution leaders, media and content owners can leverage existing brands and produce a low-risk investment proposition, which takes advantage of the continuing high growth in the mobile industry to reach high-value customer segments.
  • Low average revenue per user (ARPU) is a major consideration for players in the Africa MVNO market. Key focus areas are niche segments, smartphones & data services, and advanced technology services.
  • Virgin Mobile, Lebara Mobile, Lyca, Poste, Freenet, etc. are among key industry participants. Companies focus on high degree of customization as well as mergers and acquisitions to gain global MVNO market share. For example, in October 2014, Telefonica completed the acquisition of E-plus to expand its global presence. Unfavorable regulations in some countries, high capital requirement, maintaining economies of scale, and offering product & segment differentiation to MNOs may restrict new players.

Browse Full Press Release: https://www.gminsights.com/pressrelease/mobile-virtual-network-operator-mvno-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-257-2444

Toll Free: 1-800-421-1507

Email: sales@gminsights.com

Web:https://www.gminsights.com

 

 

 

 

 

Professional service automation market – Global Industry Analysis 2016 to 2024

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Professional service automation (PSA) systems are software products designed to help professional services companies streamline a number of operations, optimize efficiency, and attain higher productivity and profitability. These systems are complete business solutions and include a variety of capabilities, including project management, billing, invoice management, time tracking, expense management, and resource allocation.

A variety of PSA systems are commonly used by many organizations across a number of industries. The increased availability of PSA solutions with an improved set of functionalities is leading to heightened demand for these products worldwide. For the streamlining of operations, many small-scale companies still rely on spreadsheets and other in-house tools. However, the vast benefits gained by companies that have adopted PSA solutions, in terms of improved time-to-market, reduced attrition rates of products and services, and improved profitability, testify that the assimilation of PSA solutions in business practices can prove mission critical, and that without them, the growth prospects of a company can be greatly affected.

The report on the professional service automation market gives a thorough overview of its current state; the major drivers, challenges, and trends that are impacting the market’s development prospects; and a detailed insight into its competitive scenario. The data in the report has been gathered from a number of sources and with the help of numerous primary as well as secondary research methodologies.

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Professional Service Automation Market: Overview

Professional services companies are currently faced with challenges such as robust market environments, shortage of knowledgeable and experienced resources, spin-offs from mergers and acquisitions, and an increasingly sophisticated clientele. At the same time, decision makers and top executives are becoming increasingly aware of the benefits of PSA solutions and their role in making companies more competitive and profitable. These are the major factors driving the global professional service automation market.

The key components of a typical PSA system include resource planning and forecasting, project management, time and billing management, knowledge management, communication management, opportunity and lead tracking, employee time and expense entry and processing, financial accounting, human resource management, and proposal automation.

Some of the major end users of the global professional service automation market are IT service companies, design and planning companies, architecture and engineering firms, accounting companies, management consulting firms, research organizations, and government contractors.

Professional Service Automation Market: Key Trends and Opportunities

Of the two major deployment methods of PSA solutions-cloud and on-premise-PSA products and services hosted on cloud platforms are gaining popularity, especially among small- and medium-sized companies. The numerous benefits of cloud hosting in terms of flexibility, disaster recovery, increased collaboration, and reduced infrastructure development costs are some of the chief factors behind the rising popularity of the cloud hosting module. Additionally, the rising inclusion of smartphones, tablets, and other devices into the internal networks of companies is leading to the development of the PSA mobile application segment.

Professional Service Automation Market: Region-wise Outlook

The market for professional automation is projected to earn a major share in revenues from developed regions such as Europe and North America over the report’s forecast period. Demand for PSA solutions in Asia Pacific is also expected to rise at a steady pace over the report’s forecast period owing to the rising adoption of PSA by small- and medium-sized companies in the region.

The global market for PSA solutions is highly fragmented and features several technology giants who have entered the market with products featuring competitive and innovative functionalities. Some of the major vendors operating in the global PSA market are Microsoft Corporation, NetSuite OpenAir, Oracle, Autotask Corporation, FinancialForce PSA, Appirio, Inc., Deltek, Harmany PSA, Autotask Corporation, and Projector PSA.

Research Report:http://www.transparencymarketresearch.com/professional-service-automation-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

 

L-3 MAPPS to Replace St. Lucie Plant Simulator I/O System

L-3 MAPPS announced today that it has received another order from Florida Power & Light Company (FPL) to replace the input/output (I/O) system on the St. Lucie Plant full scope simulator. The I/O system is responsible for relaying operator actions to the simulation computer and for providing operators with visual cues (indications and alarms) to operate the plant. The project is part of FPL’s strategy to modernize the simulator and address obsolescence issues with the original components of the simulator delivered 30 years ago. The project is underway and is expected to be completed in the fourth quarter of 2015. Read more…

L-3 MAPPS to Enhance U.K.’s Sizewell B Simulator and Launch Additional Training Media

MONTREAL, September 16, 2014 – L-3 MAPPS announced today that it has been awarded a contract by U.K.-based EDF Energy Nuclear Generation Limited to upgrade the Sizewell B simulator and to provide a host of other training devices to support both licensed and non-licensed operations personnel. The project is underway and is expected to be completed in the third quarter of 2015. Read more…

L-3 MAPPS to Update Ling Ao and Ling Ao Phase II Reactor Core Models

MONTREAL, August 14, 2014 – L-3 MAPPS announced today that it has signed a contract with Daya Bay Nuclear Power Operations and Management Company (DNMC), Ling Ao Nuclear Power Company (LANPC) and Ling Dong Nuclear Power Company (LDNPC) to provide reactor core model-related services for three simulators at the Daya Bay Training Center near Shenzhen, Guangdong Province, China. The project will commence immediately and the simulators are all expected to be in service in the first quarter of 2015. Read more…

Eztek Turns 20, Gains ISO 9001:2008 Certificate

Eztek Limited, a provider of surface instrumentation to the oil and gas industry worldwide, has been awarded ISO 9001:2008 certification after demonstrating adherence to strict quality-management standards. This certification is awarded based on rigorous examination of procedures for quality control management which cover the full scope of the company’s activities.

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