Tag Archives: Smart Grid

BDO’s Gregory Garrett: Firms Should Increase Cyber Training Efforts Amid Dragonfly Malware Resurgence

Gregory Garrett, head of international cybersecurity at Chicago, Illinois-based professional services firm BDO USA, has said companies should ramp up efforts to build up the frequency and quality of their cybersecurity education and training programs in an effort to protect their networks from threat actors, Digital Journal reported Saturday. His …

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Purdue Secures Grants for 6 Research Projects on Alternative Energy Sources for Navy

The U.S. Navy has awarded $2.7 million in grants to six research teams from Purdue University as part of efforts to identify or develop alternative sources of energy to power naval assets. The university said Monday the interdisciplinary teams each received $450,000 under the Navy Enterprise Partnership Teaming with Universities for National Excellence …

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DOE, Indian S&T Ministry to Help Fund Smart Grid, Energy Storage Research Under US-India Partnership

A partnership between the U.S. and India that seeks to advance grid modernization will collaborate with the private sectors in the respective countries to provide a $30 million funding opportunity for a five-year smart grid and energy storage research project. The Energy Department and India’s ministry of science and technology will each …

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Mordor Intelligence: Critical Infrastructure Protection Market Worth $131B in 2020

A report by Mordor Intelligence predicts that the global critical infrastructure protection market will grow at an 8.5-percent compound annual growth rate from $80.5 billion last year to $131.33 billion in 2020. Mordor Intelligence said the growth will follow developments in smart grid technology, cloud computing and critical infrastructure technology amid the potential impact …

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Research and Markets: Smart Grid Projects to Drive Industrial Cybersecurity Market Through 2019

Research and Markets has published a report that sets a 14.17 percent compound annual growth rate for the global industrial cybersecurity market from 2014 to 2019. The research firm said Wednesday manufacturing and power generation companies invest in information technology security tools to protect their assets from keyloggers, adware, crimeware …

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Lockheed Martin, Dominion Resources Develop Remote-Mapping Smart Grid Tech

Lockheed Martin has developed a smart grid technology with Dominion Resources that works to detect and map power outages remotely and support response planning by sending relevant data from the remote location. Lockheed said Thursday VirtuGrid combines the company’s technology and Dominion’s distribution engineering experience to help energy and utility companies manage power …

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ReportsnReports: New Research Sets 25% CAGR for Smart Grid Analytics Market

A new ReportsnReports study has forecast a smart grid analytics market that is set for a 25 percent year-over-year growth from 2014 to 2019. The report presents future market trends, analysis, sizing, growth potential, drivers, challenges, opportunities, future ecosystem and emerging technologies, ReportsnReports said Sunday. The organization noted the small and medium businesses’ …

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Software AG’s Donald Fisher: Lower Oil Prices to Drive 2015 Energy Industry Activity

Software AG predicts that the digital energy industry will see increased merger activity and adoption of Internet of Things technologies in 2015 due to continually changing oil prices. “Oil prices will be the overriding concern next year and may dictate everything we see going forward,” Donald Fisher, senior director of energy solutions …

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Mercom Capital: Smart Grid VC Deals Hit $142M in Q3 2014

Venture capital deals and funding for the smart grid industry reached $142 million in value third quarter of 2014, almost double the amount of investments from the previous three months, market intelligence from Mercom Capital Group says. The report identified Savant Systems of New York as the top VC-funded company, which raised $90 million for its home automation portfolio in …

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Siemens to Integrate Grid Mgmt Software into Dell Desktops; Joyce Mullen Comments

Dell and Siemens have partnered to run the electronics company’s software for power grid data management on Dell-made desktop computers. Siemens’ smart grid business seeks to integrate its Spectrum Power 4 application running on top of the Solaris operating system into OptiPlex XE2 desktops by collaborating with Dell’s OEM Solutions …

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Accenture-Siemens JV to Offer Utilities Grid Mgmt Tools, Services

Accenture and Siemens have launched a joint venture that will focus on providing smart grid technology and managed services in the energy market. Munich-based OMNETRIC Group will work to combine Accenture’s consulting and systems integration services with Siemens’ energy management platforms, Accenture said Tuesday. The integrated offerings are designed to help utilities …

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Honeywell to Help CPS Energy Implement Smart Grid Tech; Jeremy Eaton Comments

Honeywell and Texas-based CPS Energy have kicked off a two-year program that seeks to help local business facilities manage their electricity costs by implementing smart grid technology. CPS Energy will also leverage Honeywell’s automated demand response tools and services for the municipal utility to maintain the stability of Texas’ power grid during …

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