Utility spending on smart grid IT systems will total nearly US$140 billion from 2014-2022, says firm

Utilities have long used information technology (IT) solutions in their businesses – for customer billing, outage responses, and protection and control functions. Only recently, however, has the industry recognized the critical role that IT will play as the one-way network of old evolves into a far more complex system – i.e., the smart grid. According to a recent report from Navigant Research, cumulative utility spending on IT systems for the smart grid will total US$139.3 billion from 2014-2022.



from DIGITIMES: IT news from Asia http://ift.tt/PgE1n1

via Yuichun