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A study from Navigant Research predicts that utilities will spend $11.2 billion on smart grid managed services by 2023.

Utilities to Pump $11.2B Into Smart Grid – Study

Jason Meyers
8/26/2014
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The smart grid as a service market will exceed $11.2 billion by 2023, a new report from Navigant Research forecasts, signaling the growing importance of communications technology in the utility sector.

Smart grid as a service -- or SGaaS -- platforms essentially outsource the communications functions of the smart grid, meaning more utilities will rely on communications service providers and technology vendors for the communications functions required of services such as smart metering, distribution and substation automation and analytics.

The development would be a major shift for utilities, which are grappling with the challenges of operating outdated communications networks but have been historically slow to migrate to advanced communications technologies. (See UTC Telecom 2014: More Power to You.)


For in-depth coverage of the smart grid and other utility communications topics, go to Light Reading's dedicated utility content channel.


Navigant's report predicts that outsourcing of communications functions related to smart grid deployments will become more palatable for utilities as they struggle with budget constraints and a dearth of internal IT intelligence, and as cloud-based solutions prove successful for businesses of all types. The report cites $1.7 billion in SGaaS spending in 2014.

If it pans out as the Navigant report predicts, SGaaS could provide market growth opportunities for telecom industry vendors and service providers that have traditionally not seen as much business from the utility sector. AT&T Mobility LLC , Verizon Communications Inc. (NYSE: VZ), Sprint Corp. (NYSE: S), Alcatel-Lucent (NYSE: ALU) and Ericsson AB (Nasdaq: ERIC) are all cited as key industry players in the report.

Jason Meyers, Senior Editor, Utility Communications/IoT, Light Reading

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MikeP688
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MikeP688,
User Rank: Light Sabre
10/1/2014 | 1:41:24 PM
Re: makes sense
It should never prevent us, though--especially as we continue to deliberate a viable future and really assess and think about a "Post Digital World" which I think is part of what I am excited about here as the New IP here begins :-) 
MikeP688
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MikeP688,
User Rank: Light Sabre
10/1/2014 | 1:39:22 PM
Re: makes sense
Happy October!! :-)

I am awaiting notification and installation.  The "PR" notes that it is "quite smart" and will be my true formal forey into the interent of things.    As I assess it, I'll comment on it here in the Community :-)

 
pcharles09
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pcharles09,
User Rank: Light Beer
9/30/2014 | 11:28:56 PM
Re: makes sense
@MikeP688,

I agree. It's just the self-doubt of whether or not we're truly achieving or giving our 'best' at all times. That is the dilemma.
pcharles09
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pcharles09,
User Rank: Light Beer
9/30/2014 | 11:24:58 PM
Re: makes sense
@MikeP688,

How smart is the reader?
MikeP688
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MikeP688,
User Rank: Light Sabre
9/30/2014 | 5:47:57 PM
Re: makes sense
One person can truly do what they can to change the World.    Although I am still awaiting the "Smart Reader" that SDG&E has proposed, it is still gratifying to see a sense of purpose that will make our lives better in the end.
MikeP688
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MikeP688,
User Rank: Light Sabre
9/30/2014 | 1:52:47 AM
Re: makes sense
As I reflected upon all that we've been privy to and deliberated here, my mind drifted onward to what Don Miguel reminded us of..and I shared it on my twitter feed:

Simply do your best, and you will avoid
self-judgment, self-abuse and regret.
- don Miguel Ruiz


That, in the end, is our life's work :-)
pcharles09
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pcharles09,
User Rank: Light Beer
9/23/2014 | 9:25:49 PM
Re: makes sense
@MikeP688,

Very true. Although we humans tend to make those same mistakes anyway. At least you're aware of the potential & fighting back.
MikeP688
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MikeP688,
User Rank: Light Sabre
8/31/2014 | 11:22:37 PM
Re: makes sense
Thank you sir....eager to get things going-one thing is for sure as we implicity noted throuyghout our deliberations:   we have to think different..otherwise we'd be truly living up to Einstein's admonition that, "..Insanity is doing the same thing over and over and expecting a different result..." :-)
pcharles09
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pcharles09,
User Rank: Light Beer
8/31/2014 | 10:37:41 PM
Re: makes sense
@MikeP688,

Looking forward to your review/feedback.
pcharles09
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pcharles09,
User Rank: Light Beer
8/31/2014 | 10:34:31 PM
Re: makes sense
@thebulk,

Gotcha. Maybe in the next few years, it'll get replaced with a more appealing catch phrase.
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