Research and Markets (http://www.researchandmarkets.com/research/b8jlsf/the_soft_grid)
has announced the addition of the "The
Soft Grid 2013-2020: Big Data & Utility Analytics for Smart Grid"
report to their offering.
With the introduction of big data and analytics to the utility industry,
the potential of smart grid has shifted dramatically from the original
aim of adding a myriad of new applications toward a complete
re-invention of the utility business. We are now moving into a market
where the spotlight will be on the data analytics software that will
allow utilities to track, visualize and predict -- the core elements of
what the authors call, The Soft Grid.
In terms of market adoption, GTM Research forecasts cumulative global
spending on smart-grid-related analytics to top $20.6 billion between
the years 2012 and 2020, with an annual spend of $3.8 billion globally
in the year 2020. We estimate that for utilities deploying these
technologies, the achieved return on this investment will exceed $121.8
billion globally over the same nine-year time period.
Driving growth are data technologies, ranging from open-source data
manaement platforms like Hadoop, to massively parallel processing (MPP)
big data appliances, to predictive analytics now catching fire in every
industry, to the cost improvements and enhanced performance of
underlying data storage and infrastructure layer. Supporting this shift
is a rich ecosystem of vendors. While the biggest names in IT are
positioning themselves to be at the head of the class, it is becoming
apparent that there will be several seminal companies that will be
launched in this Soft Grid space, to which utilities will look for new
products and services.
This 133-page report is the first of its kind to take a competitive and
strategic look at the smart grid market's next big growth market.
- Amazon Web Services
- Ecologic Analytics
- Grid Net
- Hewlett Packard (HP)
- Power Analytics
- Silver Spring Networks
- Space-Time Insights
- Tableau Software
Utilities Analyzed Include:
- Burlington Hydro
- CenterPoint Energy
- Florida Power & Light (FPL)
- Oklahoma Gas & Electric (OGE)
- San Diego Gas & Electric (SDG&E)
- Southern California Edison (SCE)
For more information visit http://www.researchandmarkets.com/research/b8jlsf/the_soft_grid.
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