Energy suppliers hold the power in the transformation of the B2B energy landscape
As the ‘Internet of Things’ gains momentum, our B2B survey uncovers a growing interest in smart technology within business – and an appetite to spend.
The majority of businesses said they trust their energy supplier above engineering, technology or telecommunications providers to install smart energy technology. However the margin is close and the market is open, so utilities need to act now.
We surveyed over 500 UK businesses to understand their investment decisions in smart technology and the message was clear: utilities currently hold the power in the Smart Business Revolution and can take advantage of new revenue opportunities.
With many companies looking to invest in smart energy and businesses becoming more confident across the technologies, the door is wide open for truly innovative companies.
However, there are some hurdles as well as opportunities along the way. To help you understand them, and your customers, we also asked companies their thoughts on:
Please get in touch with us if you would like to find out more and to see all of the survey results.
Unsurprisingly, the main theme to emerge is concerns over cost, particularly that the benefits from an investment in smart technology won't outweigh the money required to set it up. Other key findings include: