Harbor Research Forecasts Rapid Growth in Energy Sector for M2M/Pervasive Internet and Remote Managed Services

Opportunities for remote managed services (smart services) in the Energy sector are forecast to reach $66 billion in revenue by 2011, up from $14bn in 2006 according to a latest report just published by Harbor Research Inc., the world's leading provider of strategic consulting and research services in the fast-developing M2M/Pervasive Internet market.

(PRWeb) November 17, 2006 -- Opportunities for remote managed services (smart services) in the Energy sector are forecast to reach $66 billion in revenue by 2011, up from $14bn in 2006 according to a latest report just published by Harbor Research Inc., the world's leading provider of strategic consulting and research services in the fast-developing M2M/Pervasive Internet market.

The report -- "Smart Services in the Energy Sector: The Rapid Development of M2M/Pervasive Internet Business Opportunities -- focuses specifically on the crucially-important energy market and the growing opportunities for remote managed services this represents.

There has been much activity in the energy sector over the past few years. Rising fuel costs are now the norm, and many around the globe are simply getting used to paying more for energy-related resources. As oil supply tightens, the move is on to further develop alternative fuel supplies so as not to rely on specific regions and supply chains for petroleum and fossil fuels.

Yet the demands for energy in industry and commerce, government and public infrastructure, as well as those of residential users, have never been greater and continue to rise quickly. This is not only the case in the developed nations of North America and Western Europe, it is increasingly a world phenomenon as demonstrated by the rising demands of rapid growth countries like China and India. China in particular now consumes roughly a tenth of the world's power and has managed to continue its torrid growth for several years. This belies a future in which paradigm shifts must occur. Simply - breakthroughs in power technologies will be necessary to alleviate the strain on the energy industry's status quo or a serious reduction in demand will be needed.

At the same time, the impact of climate change and the growing demands for energy conservation are changing the political landscape. The sector is such a necessity to every region that governments across the world have already enacted legislation on energy measures or will shortly do so to protect and develop what is increasingly considered their most vital resource.

Because of all this activity, the opportunities for remote service management in the sector have never been greater and are rising sharply. Harbor Research has analyzed these along three vital axes -- key drivers, key regions and key technologies.

As a result, this report makes essential reading for anyone concerned with the development of remote managed services in this crucially important sector. Utilities, product manufacturers, service providers, technology suppliers, integrators and network operators all have a significant part to play in this rapidly evolving story.

Smart Services in the Energy Sector: The Rapid Development of M2M/Pervasive Internet Business Opportunities is available directly from Harbor Research. Visit www.harborresearch.com for more information on this important new report and for ordering.

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