The West Indies water operations cloud computing market size is expected to grow from USD 34.3 thousand in 2018 to USD 63.7 billion by 2022, at a CAGR of 16.7% during the forecast period. The major factors driving the West Indies water operations cloud computing market include implementation of smart water projects in West Indies, government initiatives in deploying smart water solution, and government investment to upgrade the water management system in the region.
The major West Indies water operations cloud computing vendors include Smart Energy water (US), FUJITSU (Japan), Accenture (US), Oracle (US), and Microsoft (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches to expand their presence in the West Indies water operations cloud computing market. Partnerships have been the most adopted strategies by major players from 2016 to 2018, which helped them innovate their offerings and broaden their customer base.
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Microsoft (US) is one of the leading vendors of the West Indies water operations cloud computing market. The company is working toward enhancing its market presence, implementing organic and inorganic growth strategies, such as partnerships and collaborations, and mergers & acquisitions., In November 2016, Powel implemented an IoT solution, named Smart Water, that enables maintenance staff to discover and react water distribution leakages early. This solution was implemented with the help of the Microsoft Azure cloud platform.
FUJITSU (Japan) is another top player in the West Indies water operations cloud computing market and has majorly adopted organic growth strategies to diversify its product offerings with the help of innovative technologies. In line with its organic growth strategies, in August 2016, Fujitsu launched sensor-based flood detection solution in which sensor attached within a sewer manhole collects water-level data which is wirelessly transmitted to the cloud every five minutes. This sensor-based solution quickly detects sudden rises in water levels in drainage pipes and promises both high operating efficiency and low cost of deployment.
Related Reports:
West Indies Water Operations Cloud Computing Market by User Type (Municipal, Commercial), Solutions (Smart Meters, AMR Water Meters), Company Profiles (Smart Energy Water, FUJITSU, Accenture, Oracle, Microsoft) - Global Forecast to 2022
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