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Gartner: Solar technology adoption will drive new IT revenue opportunities

Photovoltaic technology adoption will spur new IT technology and services growth, according to new predictions from researcher Gartner.
Written by Heather Clancy, Contributor on

An estimated $8 billion in new photovoltaic solar power generation installations by 2013 (more than 8 times the revenue expected in 2009) will help drive new growth on the more traditional side of the technology house, according to some new predictions from market research firm Gartner.

In particular, Gartner believes that solar installations will drive the new for communications equipment, data mining applications and integration software. Also poised to benefit are semiconductor firms that can work with inverter and panel manufacturers to integrate certain IT capabilities directly into solar equipment. One group to watch for direction is SunSpec, which is attempting to drive standards for interaction and management of photovoltaic systems.

The force driving this growth will be U.S. solar power purchase agreements, which are spurring the rise of main new independent power producers that sit outside the traditional power generation industry. The companies, in turn, represent new customer opportunities for traditional IT firms, according to Gartner analysts.

Here's some further analysis, courtesy of a YouTube video with Alfonso Velosa, a research director at Gartner.

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