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Strategic Analysis of 2016 Energy & Utilities Outsourcing Deals
The new US government is expected to bring significant policy changes impacting the Energy & Utility (E&U) Industry, although it is unclear what the Trump administration’s specific goals are and how they will impact the industry. This uncertainty adds to the enormous change the industry has endured in recent times. The historical drop of oil prices in the last couple of years have forced producers to cut down cost in every possible way. Service providers are helping E&U organization by managing the cost base with emerging technologies.
In 2016, as part of HfS’ contract tracking, we captured the details of 46 Energy & Utilities deals that are in the public domain. These 46 deals spanned across all regions, and outsourcing categories, highlighting the extensive outsourcing opportunities that exist in the market.
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