Industries    
 
   
  Energy & Utilies    
  Energy is the vital force powering businesses and commerce and is the backbone for economic prosperity and national security. The United States spends over $500 billion annually on energy.
Energy demand will grow in the future, as the road from recession to growth is not smooth. The current recovery period is marked by lower customer demand, aggressive Federal environmental policies, disappointing rate relief and booming capital expenditures. The effective deployment of capital may be the most critical element by which energy and utilities can be proactively and entirely controlled.
 
     
  Future Plans  
  By focusing energy strategies on efficient, reliable and affordable clean technologies and renewable energy sources and combining them with the proven benefits of clean and safe nuclear power, a great promise for the future can be ensured. The economic viability of these technologies is influenced by the optimum use of capital and the efficient sourcing of materials, equipment and services. Project owners will collaborate with supply chain organizations for worldwide reach to help in effective sourcing which will be a great asset to the companies.  
     
  Financial Services  
  The most recent economic crisis hit the financial services sector harder than any other crisis in recent memory. As financial institutions begin to dig themselves out of the hole the crisis created, uncertainty in the future is high. Managing in this environment is challenging, with customers, shareholders, employees, and regulators all having their own separate interests. Companies that thrive in this environment will need to focus their operations to compete in the new norm.  
     
  Adaptability: The fallout from the most recent crisis left no one unaffected. While the momentum for dramatic regulatory overhaul of the financial services industry seems to have passed, it is clear that changes are coming. While sweeping changes are unlikely, targeted changes have already been enacted, and continued incremental changes to specific areas are likely to be the norm for at least the next few years. Companies will be forced to constantly adapt to these changes, and the ones that have the ability to adapt quickly will survive.
 
 

Operational Excellence: As government oversight increases, change is inevitable. While the changes will vary by sector, increased regulatory scrutiny is likely to depress margins for the entire industry. With this reality, financial services companies will need to evaluate their current cost structures and align them with the current market by reducing costs, improving efficiency, and outsourcing non-core functions and activities.

 
 

Travel & Hospitality

 
  Industry Over-Capacity - Hotels, airlines, and car rentals have been forced to lower prices to try to compete in an industry with too much capacity. Airlines have eliminated amenities or have started charging for previously complimentary services to recoup some of their profits.
 
 

Cost Savings Strategies - To maintain short term profitability most airlines, car rental and hospitality companies have implemented immediate but temporary cost cutting measures. Companies reduced fleet, lay off employees, and closed floors in an effort to offset rising costs and decreased demand. Travel and Hospitality companies can benefit from longer-term cost reduction strategies such as implementing more efficient purchasing practices, streamlining corporate spending, and outsourcing.

 
 

Technology

 
  Over the last several years, business customers have continued to rein in their technology expenditures to help control costs. With increased focus on maximizing return from their investment, technology buyers expect tech companies to deliver more value for less cost. In the coming years, we expect the following trends to continue in the technology industry:  
     
  Continued Cost Pressure: The economic decline and increasing competition from global low-cost competitors have intensified pressure on margins for technology companies, forcing companies to focus on controlling costs in order to remain competitive.
 
  Software Sector Consolidation: With the rise of the Software market, technology companies are racing to build powerful data centers in order to compete in the "cloud computing" environment. As companies build larger and more powerful data centers, the differentiators between software, hardware, networking, and storage companies will continue to fade.  
 

Innovation: The rate of innovation in the technology industry has always been fast, and this is not going to change in the near future. Although companies will need to focus on costs more than they traditionally have; R&D to create the next innovative change will continue to be a necessity in order to prevent commoditization of products.

 
     
 
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