The global market for outage management systems (OMS) is set to grow at a moderate rate of 3.8 percent during the period 2011-2020, according to a new market research report by Reportlinker.com.
This slow growth is due to decreasing demand for stand-alone OMS as more businesses have begun to prefer OMS integrated with other enterprise systems.
Outage management systems (OMS) is a business tool helping organizations in outage management by effective handling of trouble calls, detecting power failure, estimating restoration time, crew management and providing status report to the customers.
GlobalData's report "Outage Management Systems in Smart Grid -- Markets Analysis, Vendor Landscape and Forecasts to 2016" indicates that the OMS market will grow at slow pace in coming years.
Reportlinker.com’s report forecasts that the deployment focus of outage management systems will shift from the North American region to Asia and ensuring reliability of power delivery will drive the market for OMS.
Also, outage management system is set to undergo changes in coming years but no clear global dominance of players can be seen in the OMS market.
GlobalData's report "Outage Management Systems in Smart Grid -- Markets Analysis, Vendor Landscape and Forecasts to 2016" provides an analysis of the global market for outage management systems with insights on key countries such as the US, Canada, the UK, Ireland, Italy, Spain, Australia, and India.
This report facilitates decision-making based on strong historic and forecast data for global and country markets for outage management systems. Readers will also be able to develop strategies for market penetration and product development.
Read a related article at TMCnet “Westar Energy to Deploy Outage Management, Mobile Workforce System.”
Anuradha Shukla is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.Edited by
Rich Steeves