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Spending Surges On Smart Grid Data Analytics

Date: 28 February 2013

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8 pages, 7 figures

Executive Summary

This report provides suppliers and customers of smart grid solutions with an independent analysis of global smart grid market activity in the fourth quarter (Q4) of 2012. Verdantix selected this subject for detailed study to help executives in market-facing roles better understand the state of the global smart grid market and identify the best market opportunities. The analysis, based on the quarterly Verdantix Smart Grid Deal Tracker, finds that during Q4 2012, North America continued to serve as the key location for smart grid activity with deals largely spread over energy storage and smart grid data analytics. Smart grid funding and investment totalled $514 million during Q4 2012, boosted by government funding to speed up innovation across energy storage technologies. Deal tracker data confirm that smart grid data analytics is a key growth area, with the number of deals increasing threefold in 2012 compared to 2011 as utilities seek to monetize the data collected from smart meters and grid monitoring devices.

TABLE OF CONTENTS

SPENDING SURGES ON SMART GRID DATA ANALYTICS
Public And Private Smart Grid Funding Exceeded $500M In Q4 2012
Utilities Focus On Big Data Analytics To Monetize The Smart Grid

TABLE OF FIGURES

Figure 1. Smart Grid Solution Definitions
Figure 2. Four Categories Of Smart Grid Activity
Figure 3. Geography And Category Of Smart Grid Deals In Q4 2012
Figure 4. Global Smart Grid Deals By Category In Q4 2012
Figure 5. Global Smart Grid Deals By Solution In Q4 2012
Figure 6. Implementation Of Smart Grid Solutions In Q4 2012
Figure 7. Proportion Of Smart Grid Deals Closed Across Data Analytics 2011-2012

ORGANIZATIONS MENTIONEDORGANIZATIONS MENTIONED

EDP Renewables, eStorage, European Commission, IBM, Integral Energy, Logica, Milsoft Utility Solutions, Origin Energy, Power Analytics, Red Energy, SAS