According to
GTM Research, the total available smart grid enterprise market in the U.S. will
be $1.3 billion in 2011, with that figure forecasted to hit $1.8 billion per
year in 2015. This scaling activity has attracted a collection of vendors from
start-ups, such as Ecologic Analytics, to established conglomerates, such as
ABB, IBM, GE, Oracle and Siemens.
“The pace of
market activity is quickening as major vendors jockey to provide a complete
enterprise value proposition,” said Chet Geschickter, senior analyst, GTM
Research.
“M&A
activity, such as ABB acquiring Ventyx last year, is now being followed by a
round of product rationalization and harmonization, where vendors, and the
utilities they serve, are evaluating smart grid requirements,” Geschickter
added.
By
Telecomlead.com Team
[email protected]