Top 10 IT Vendors in Central Europe Reported $500 Million in Revenues from Utility Sector in 2010, According to IDC Energy Insights

Prague, (PresseBox) - The top 10 IT vendors in Central Europe (CE) generated a total of $514 million in revenues from the utility sector in 2010. According to a new IDC Energy Insights study, the 10 biggest IT vendors active in the utility sector in Central Europe (Czech Republic, Hungary, Poland, Slovakia, and Romania) include Accenture, Asseco Group, Atos, HP, IBM, Logica, Ness Technologies, Oracle, SAP, and Sygnity.

"We analyzed the competitive landscape of IT vendors operating in the utility sector in Central Europe based on revenues for this sector and region, as well as on the qualitative characteristics of IT vendors' utility sector-dedicated portfolios," said Milan Kalal, senior research analyst with IDC Energy Insights. "It is evident that the utility IT market across CE remains very competitive, while local IT companies continue to keep pace with international vendors, benefiting from flexibility, niche focus, and lower price," added Kalal.

Additional key findings include:

- The market is dominated by HP, with $162 million in direct utility revenues, followed by IBM, with $99 million, together making up about half of the total revenue generated in the CE utilities market by the top 10 IT vendors.
- SAP is the leading software provider in the utility industry in CE, with solid brand recognition and suite offerings for smart energy that will secure its position among the leading IT vendors in the future.
- IDC Energy Insights also considers Oracle to have continuously improved its alignment to the utilities industry over the recent years, becoming an increasingly important player.

"This study provides utilities' CIOs, IT departments, and line-of-business managers with an independent high-level assessment of the top 10 IT vendors that offer industry-specific solutions for the utility sector in Central Europe," explained Kalal. "It can be used to integrate a list of providers to watch as executives consider where to spend IT dollars in the coming year."

To purchase the Vendor Assessment: Top IT Vendors Serving the Utility Sector in Central Europe (IDC #EEI03T) study or learn more about IDC Energy Insights research, please contact Tatiana Hinova (thinova@idc.com, +420 221 423 140). For media inquiries, please contact Vladimir Tax at vtax@idc.com.

About IDC Energy Insights

IDC Energy Insights provides research-based advisory and consulting services focused on market and technology developments in the energy and utility industries. Staffed by senior analysts with decades of industry experience, IDC Energy Insights covers both the utility and oil & gas segments, providing independent, timely, and relevant analysis focused on key business and technology issues.

IDC Energy Insights serves a diverse and growing global client base, including electricity, gas, and water utilities, IT suppliers, independent power producers, retail energy providers, oil and gas companies, equipment manufacturers, government agencies, financial institutions, and professional services firms. For more information, please visit www.idc-ei.com, email info@idc-ei.com, or call 508-935-4400. Visit the IDC Energy Insights Community at http://idc-insights-community.com/....

IDC Central Europe GmbH

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 47 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

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