According to a new report from GTM Research, the United States smart grid market will grow more than 70 percent over the next five years, reaching $9.6 billion by 2015. The U.S. Smart Grid Market Forecast: 2010–2015 analyzes key trends in four technology sectors – Advanced Metering Infrastructure (AMI), Distribution Automation (DA), Home Area Networks (HAN) and Smart Utility Enterprise. The study concludes that the factors driving the market expansion include federal ARRA grants for utility modernization, increased market competition and consolidation, and enhanced technology synergies.
In the GTM Research report, The Emergence of Meter Data Management (MDM): A Smart Grid Information Strategy, eMeter was named the overall leader in meter data management (MDM), ranked ahead of both Oracle and Itron. The report stated eMeter earned the top spot based on “the strength of its overall MDM platform” and because it is “rapidly building out a line of related software products.”
A new report by GTM Research predicts the Meter Data Management market will grow from $54 million in 2009 to $221 million by 2014, coinciding with smart meter rollouts and MDM vendors expanding and enhancing their product offerings. The report, The Emergence of Meter Data Management: A Smart Grid Information Strategy Report, defines MDM’s role in the smart grid deployment presents an analysis of how to most efficiently deploy the meter management technology.
Eka Systems has been forced to unload its assets to Cooper Industries. The sale will enable Cooper to increase its smart grid profile. While the details of the deal were not specified, what is known is that Eka Systems’ open-network wireless networking technologies will be folded into Cooper’s Energy Automation Solutions platform, which markets power line carrier systems for advanced metering infrastructure and grid optimization.