BIG BUCKS IN SMART GRID SECURITY

Pike Pulse Report: Smart Grid Cyber Security Threat Management; Assessment of Strategy and Execution for 15 Leading Cyber Security Vendors

"Smart grid cyber security remains a nascent market…[with] established smart grid specialists, niche players, and well-known enterprise security vendors…[C]yber security is often considered a mature market…[but] smart grid cyber security…is not mature at all. The leaders that we identify in this analysis are well positioned for today’s market but some of the large corporations entering the scene can shape a market to their own

"…For the moment, size and scale appear to be somewhat of a disadvantage. Specialist companies have fared well. The ability to quickly react to the market has prevailed so far, but it is by no means certain that large size will remain a disadvantage in the future…"

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"Some trends in the smart grid industry may cause significant change during the coming twelve months. Chief among those, utilities are making it clear that they see the most meaningful ROI in distribution automation, not in smart metering. Smart grid vendors, and therefore security vendors as well, are beginning to hear and process that message. The Leaders in our ranking already have done that.

"This Pike Research report evaluates 15 of the leading cyber security threat management vendors in the smart grid market and rates them on 12 criteria for strategy and execution, including vision, go-to-market strategy, partnerships, product strategy and roadmap, technical innovation, geographic reach, market share, sales and marketing, product performance and features, product portfolio, control system focus, and staying power…"