CISCO SYSTEMS INC in Smart Grid Software

Cisco is an intensively customer-centric company with a vision and strategy to support successful digital transformations. The five main constituents of Cisco’s strategy are building relationships, buying and acquiring smaller companies to strengthen its portfolio, developing partnerships, investing in innovations, and collaborating for building a diverse product portfolio. The company follows effective organic and inorganic growth strategies. In 2016, Cisco acquired 12 companies in various business areas, including IoT, cloud, software, and services. In the smart grid market, Cisco has adopted various growth strategies. In 2015, under the Industrial Internet Consortium, the company collaborated with various utility providers and software energy vendors to optimize power generation and combine the electric grid utility with renewable energy. In 2013, Cisco collaborated with Itron to develop the grid infrastructure for National Grid. In 2014, the company expanded its business foundation in Brazil when the AES Eletropaulo project chose its smart grid technology for automating operations and managing the capacity of the grids. In 2015, Electrobras, a Brazilian utility provider, used Cisco’s smart grid technology to improve its energy outage and lower costs.