Filings
Mentions of cybersecurity increased by a CAGR of 35% in the power industry since 2020
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The global power industry experienced a 35% rise in compound annual growth rate (CAGR) in company filings mentions of cybersecurity since 2020. Key companies in terms of mentions include Schneider Electric, Portland General Electric, and Ameren, according to GlobalData’s analysis of over 3,500 power company filings.
Notably, since 2020, cybersecurity was the most referenced theme in terms of mentions, ahead of digitalisation, IoT and big data, according to GlobalData's Company Filings database. Mentions related to cybersecurity increased by 41% year-on-year in 2021 and by 29% year-on-year in 2022.
Top five companies by mentions of cybersecurity in the global power industry since 2020
Of the 50 leading companies in the power industry, Siemens had the highest year-on-year increase in references to cybersecurity in 2022. GlobalData identified 200 cybersecurity related sentences in the company's filings in 2022, 3% of all sentences. Meanwhile, A2A had the highest year-on-year increase in references for cybersecurity in 2021. GlobalData identified 46 cybersecurity related sentences in the company's filings in 2021, 1% of all sentences.
Company filings sentiment related to cybersecurity in the global power industry since 2020
GlobalData’s Company Filings Analytics also applies a sentiment weight to reference sentences, based on how positive the sentiment has turned. Sentiment score is based on the level of positivity on a scale of 0 to 1. The average sentiment score for cybersecurity in 2022 was 0.34, which was less positive compared to the average industry sentiment of 0.63.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
Global Data’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
