TECH SUPPLIER Jul 2019 - Market Perspective - Doc # AP45356319
Smart Cities Internet of Things Use Case Analysis: Smart Power Grid
By: Meredith Jeory, Monica CollierSenior Research Manager, Telecommunications
A smart grid is a network that overlays digital technology on traditional infrastructure or replaces traditional infrastructure, creating a bidirectional flow of electricity and data. Smart grid strategies, particularly grid as a service, will eventually be the only way utilities can get a handle on the microfragmentation of the grid as power sources become more granular and closer to their loads.
"Asia/Pacific energy providers are deploying smart grid capabilities, often driven by a desire to be more operationally efficient," says Monica Collier, senior research manager on telecommunications and internet of things, IDC Australia and New Zealand. "However, the growing trend is hyperlocal power generation. There is an opportunity for technology vendors to illustrate to energy providers how to connect the disparate pieces to enable grid-as-a-service connectivity and value," she adds.
Asia/Pacific Internet of Things Ecosystem and Trends , Australia ICT Market and Industry Insights , New Zealand IT Services and Industry Insights , New Zealand Telecommunications: Compete