The global power industry experienced a 29% drop in company filings mentions of future of work in Q3 2023 compared with the previous quarter, with the highest share accounted for by Siemens with 2050% year-on-year increase, according to GlobalData’s analysis of over 226 power company filings. GlobalData’s Power: Filings Trends & Signals Q3 2023 report delves into earnings call transcripts and quarterly reports within the power industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, future of work was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of governance and industrial automation, according to GlobalData.
Of the top leading companies in the power industry, Siemens had the greatest increase in references for future of work in Q3 2023, compared with the previous quarter. GlobalData identified 43 future of work-related sentences in the company's filings - 8% of all sentences - and an increase of 2050% in Q3 2023 compared with Q3 2022. First Solar’s mentions of future of work rose by 500% to 18 and Schneider Electric’s by 73% to 9 and WEC Energy Group’s by 700% to 8 and Enphase Energy’s by 200% to 3.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for future of work in Q3 2023 was 102.
For further understanding of GlobalData's Power: Filings Trends & Signals Q3 2023, buy the report here.
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