Top Features of Smart Grid Software
A smart grid is an electricity network that uses digital technology to provide superior monitoring, automation, control, and management of energy transmission, distribution, power generation, and network supply. Smart Grid Software comes with multiple advanced traits that ensure a reliable grid for organizations.
- Advanced Meter Infrastructure
- AMI Analytics
- Demand Response Management
- Distributed Energy Resource Management
- Grid Asset Management
- Grid Virtualization
- IT Infrastructure Security
- Smart Grid Communication
- Substation Automation
- Energy Management
Top 10 Smart Grid Software
Is Smart Grid Software fascinating software? Smart Grid Software being implemented by loads of organizations nowadays, so getting the desired software can be a strenuous task. More numerous investments and large-scale business cooperation are likely to take place early, based on creativity. Some of the big players at the moment are:
- Abb Ltd
- Siemens Ag
- Oracle Corporation
- Schneider Electric
- Itron Inc
- Cisco Systems Inc
- Aclara Technologies Llc
- IBM Corporation
Emerging firms have offerings for niche products and services. Their business tactics aren't as powerful as the established companies. The evolving vendors include the new market entrants, beginning to emerge in terms of product portfolio and geographical coverage, and need time to gain strong market popularity. Some of the emerging new entrants are:
- Arcadia Power
- Origami Energy
- The Faraday Grid
- Atom Power
The MicroQuadrant matrix provides information about the major players who offer smart grid solutions. It outlines the findings and analysis on how well each market vendor performs within the predefined MicroQuadrant criteria. The vendor evaluations are based on 2 broad categories: strength of product portfolio and business strategy excellence. Each category carries various criteria based on which the vendors have been evaluated. The evaluation criteria considered under strength of product portfolio include the breadth and depth of product offering (on the basis of the industries that the vendors cater to, deployment models, and subscriptions), product feature and functionality, product quality and reliability, and focus on product innovation (on the basis of R&D activities for new product innovation). The evaluation criteria considered under business strategy excellence include vision alignment, effectiveness of growth strategy (on the basis of partnerships, collaborations, and acquisitions), channel strategy and fit (on the basis of the channel partners that the vendors cater to), and geographic footprint (on the basis of geographic presence).
General Electric Company, ABB Ltd., Siemens AG, Schneider Electric SA, Itron, Inc., Landis+Gyr, Aclara Technologies LLC, Cisco Systems, Inc., Open Systems International (OSI), Inc., IBM Corporation, Wipro Ltd., S&C Electric Company, and Eaton Corporation Plc are the leaders in the smart grid market and are recognized as the visionary leaders. They have a strong portfolio of solutions, services, and hardware in the smart grid market. These vendors are marking their presence in the smart grid market by offering customized solutions as per the requirement of the energy utilities sector. These vendors have undertaken various growth strategies to advance consistently in the smart grid software market.
Kamstrup A/S, Trilliant Holdings, Inc., and EnerNOC, Inc. are recognized as the dynamic differentiators in the smart grid market. These vendors have an innovative portfolio of solutions, hardware, and services. They also have an extensive network of channel partners and resellers to increase the deployment of their solutions across a multitude of vertical markets. The dynamic differentiators have been consistently generating positive revenue growth in the smart grid market, and their market position is boosted by the organic and inorganic growth ventures undertaken by them.
Oracle Corporation, NextGrid Inc., Tech Mahindra Ltd., and Fujitsu Ltd. are recognized as the innovators in the smart grid market. They possess innovative solutions to cater to the future mobility demands. These companies are concerned about their product portfolio, and they have the robust potential to build strong business strategies for expanding their business and stay on par with the visionary leaders. These vendors have been consistently offering smart grid solutions to fulfill customer demands. Innovators have been at the forefront for the deployment of innovative smart grid solutions.
Globema, Infrax Systems Inc., Esyasoft Technologies Pvt. Ltd, e-Smart Systems Pvt. Ltd, and Grid4C are recognized as the emerging companies in the smart grid software market. Most of the emerging companies have undertaken multiple acquisitions to boost their sales capabilities across various regions and to offer integrated solutions, hardware, and services to a wide range of clients.
Trilliant is a communication and network software service provider company. Trilliant’s services include providing advanced infrastructure for metering, integrating renewable energy solutions, and smart grid management software. Trilliant Smart Grid Software is made using proven strategies and is capable of deploying robust networks securely and reliably. Trilliant smart grid software is highly adaptive and encapsulates flexibility and functionality.
Fujitsu is a multinational corporation specializing in providing information technology and communication services. The company is reputable for offering a complete gamut of technology solutions and services. Fujitsu is the 4th biggest IT service provider company in the world. Fujitsu’s smart grid software solutions have great potential for revolutionizing power distribution network. The smart grid solutions provided by the company feature the most advanced technology features. These solutions are intended to foster low carbon societies globally.
Tech Mahindra is an Indian multinational company specializing in providing technology services and solutions to businesses. The company is renowned for offering innovative technology solutions for electric and gas utilities. Tech Mahindra has strong competence in delivering innovative Smart Grid technology solutions. The company holds expertise in manufacturing smart grid solutions for advanced metering, home network, energy management, sensor design, and geographic information systems. The Tech Mahindra intelligent grid solutions are efficient, cost-effective, and reliable.
The company is serves network operators, integrators, government, military and utility companies. Infrax focuses on smart grid energy products by optimizing smart grid applications and managing the Advanced Metering Infrastructure (AMI). Infrax Networks, the business unit of wireless broadband, offers a high bandwidth network to electric utility companies for deploying smart grids. The SIEP opens the gateways to the secured management of AMI and distribution automation. The company is also a provision of cybersecurity enabled with the platforms, Secure Network Interface Card (SNIC) and GRid Intrusion Management (GRIM), capable of preventing intrusion in any part of an electrical grid.
eSmart Embedded and IoT Solutions Company help you find technical solutions to modern problems. The company has developed Smart Grid Software that comprises wireless physical access control and Real-Time Indoor System (RTIS). This software has become an end-to-end solution for use in case of a fantastic return on investment. This company provides client-focused IoT solutions that help personalize issues and develops the best and most authentic solution to every problem arising in the mean course of time.
It incorporates AI & Machine learning concepts to read billions of meters’ data to deliver reliable, real-time, and accurate predictions.
The Grid4C Engine takes account of monitoring each meter, deriving unique information, understanding its behaviour, and breaking it into sub-series to model it later automatically. After the modelling phase, the engine monitors each meter and detects possible deviations using anomaly detection algorithms and determines irregularities with a valid concern.
With intelligent AI regulated concepts, the company undertakes the areas of Home Advisory, Operational, and Customer Analytics.
The solutions include:
● fault detection in home appliances, bill and usage forecasting at home,
● load research and fault detection in the grid at an operational area, and
● rate design and outage analysis & prediction for customers.