0412 Executive Digest.IR 2

Zpryme
 
Zpryme’s Smart Grid Insights new report, “Telecom and the Smart Grid,“ says the total smart grid communications market is slated to experience tremendous market growth through 2015, projected to reach nearly $1.6 billion (the market is divided between wired and wireless communications). Currently the market size of wired communications is larger; however, wireless communications will surpass it by 2015 and prove a larger market as more investments are made.

For the successful widespread adoption of the smart grid, establishing effective communications networks is paramount. The main choice utility companies must make in their communications plans is between public and private networks. Using a public network would allow them to take advantage of existing software and can be implemented immediately; however, a firm might not be able to customize its platform to meet its specific needs.

“If the utility chooses to build a platform from scratch, it can utilize a private network; however, there are likely to be delays in implementation and technical problems that must be addressed before a widespread rollout can occur,” said Jason Rodriguez, Zpryme director of research. “Integrating smart grids will require utilities to rely deeply on vendors for services and systems integration.”

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0412 Executive Digest.IR 2

Zpryme
 
Zpryme’s Smart Grid Insights new report, “Telecom and the Smart Grid,“ says the total smart grid communications market is slated to experience tremendous market growth through 2015, projected to reach nearly $1.6 billion (the market is divided between wired and wireless communications). Currently the market size of wired communications is larger; however, wireless communications will surpass it by 2015 and prove a larger market as more investments are made.

For the successful widespread adoption of the smart grid, establishing effective communications networks is paramount. The main choice utility companies must make in their communications plans is between public and private networks. Using a public network would allow them to take advantage of existing software and can be implemented immediately; however, a firm might not be able to customize its platform to meet its specific needs.

“If the utility chooses to build a platform from scratch, it can utilize a private network; however, there are likely to be delays in implementation and technical problems that must be addressed before a widespread rollout can occur,” said Jason Rodriguez, Zpryme director of research. “Integrating smart grids will require utilities to rely deeply on vendors for services and systems integration.”