Governments and utilities are expected to ramp up their investments in the electrical smart grid, spending a total of $200 billion worldwide from 2008 through 2015
Technologies to automate the grid are expected to win around 84 percent of that $200 billion, says Pike. Smart metering systems to track and analyze the usage of electricity, gas, and water will grab 14 percent, while systems to provide juice to electrical cars will garner the remaining 2 percent.
Among the winners in this round of technology spending will be cloud computing companies. They will get the business of processing an avalanche of new data. Long-term, since the need to collect and analyze data will become indispensable to the utilities, cloud computing will establish a strong foothold in the industry.
tags: information, cloud, control, detection, energy, 10x,
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