$8+ BIL TO GO TO SMART GRID

Stat of the Day: $8.25B for Smart Grid Enterprise; Hardware isn’t the only investment utilities are making.
Katherine Tweed, September 9, 2011 (Greentech Media)

"…[S]mart meters have garnered most of the headlines, and investment, when it comes to the smart grid. But beyond metering and distribution hardware, there is a need for upgrades in information and operations technology to connect and crunch all of the data coming off of the 21st century hardware."

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"In a new in-depth report from GTM Research, The Smart Utility Enterprise 2011-2015 Senior GTM Analyst Chet Geschickter forecasts that utilities in the U.S. will spend $8.25 billion between 2011 to 2015 in three major areas: customer engagement, business services and grid operations…"