The energy and utilities (E&U) industry is transforming rapidly due to demands for greater efficiency, sustainability, cybersecurity, talent acquisition, and changing consumer expectations. With enterprise leaders seeking bold innovations that deliver real business value, global innovation must link efficiency and security to meet these demands. Service providers in consulting, technology, IT, engineering, and project management are enablers and key drivers in this energy transition.
In our recently published Horizons 2025 report, clients gave providers strong ratings (over eight out of 10) across execution, innovation, market impact, and value delivery. At the same time, clients and ecosystem partners flagged concerns around go-to-market effectiveness, innovation, and inconsistent collaboration strategies.
E&U customers consistently recognized providers for their deep industry expertise and strong delivery capabilities. Providers that combine sector-specific knowledge with strategic foresight were more successful in enabling outcomes such as regulatory compliance, sustainable operations, and digital modernization. Customers also praised providers that respond quickly to change, bring a customer-first mindset, and engage in collaborative innovation efforts.
Despite strong foundations, providers are underperforming in areas that matter most to business growth. Customers and partners called out the following areas:
Innovation often stops at the pilot stage, lacking the operational rigor or cross-functional buy-in required to scale. Clients want providers that can translate technical prowess into commercialized outcomes and measurable value. That will be especially crucial in creating the governance structures necessary to unleash the secure innovation that E&U requires needs to find their best AI or sustainability self.
While IT service providers serving the E&U sector demonstrate commendable domain expertise and agility, enterprise buyers and ecosystem partners are clear: it’s time to raise the bar. Providers must invest in scalable innovation, sharpen their commercial strategies, and deliver with greater transparency.
Enterprise leaders require more precise alignment between go-to-market strategies, technology, and business priorities. They seek innovation roadmaps that advance beyond the pilot phase into full-scale execution. A collaborative model is essential to cultivate trust, transparency, and measurable impact. Those that deliver on these fronts won’t just win deals—they’ll redefine value creation in the E&U ecosystem.
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