While utilities are starting to embrace cloud technologies, the decision is often not theirs alone to make. Regulators’ rulings on whether public utilities’ investments in cloud technologies can be capitalized are central to paving the way for accelerated cloud adoption.
Zpryme, in conjunction with Oracle Utilities, surveyed 76 U.S. regulatory staff and commissioners, a group integral to the utility investment equation.
Key findings of our new 2017 study show:
- 74% of respondents report improved flexibility as a top benefit of the cloud
- 69% of U.S. regulators support capitalizing cloud-based software
- 33% of respondents have a specific and comprehensive strategy for utility cloud investment
- Nearly 80% of regulators think they should play at least some role in determining whether utilities use the cloud
This 2017 survey to U.S. regulators was a follow-on to last year’s study, also done in partnership with Oracle Utilities. Read the 2016 On Cloud Now report here.