In July, overall Smart Grid sentiment decreased by ten percentage points (from 76% in June to 66% in July). Twenty-three percent of executives surveyed expect utility Smart Grid investments to significantly increase over the next 12 months. Sixty percent of all respondents said they expect Smart Grid hiring to increase over the next 12 months (a nine-month high). Fifty-one percent of the vendors surveyed closed a new deal last month (also a nine-month high), while 69% of utilities expected to submit new Smart Grid proposals for budget approval.
The average sales volume among vendors who closed deals last month was $7.60 million, up significantly from $2.12 million in June.
This study was conducted by Zpryme and FierceSmartGrid by surveying 201 Smart Grid executives from July 1st to July 25th of 2013. The survey was conducted online.
Percentages may not add up to 100 due to rounding. Three groups were used to inspect for differences: vendors (63% of sample), utilities (23% of sample), and total sample.
The August survey will be fielded from August 1st to August 28th of 2013. Utilities and Smart Grid vendors are encouraged to participate.
*Source: Zpryme
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