Results for tag: "Smarter Grid"

The Smarter Grid market is a subset of the Internet of Things (IoT) and Machine-to-Machine (M2M) markets. It is focused on the development of intelligent energy networks that are capable of monitoring and controlling energy usage in real-time. This is achieved through the use of advanced sensors, communication networks, and analytics software. The goal of the Smarter Grid market is to reduce energy consumption, improve energy efficiency, and increase the reliability of energy delivery. The Smarter Grid market is driven by the need to reduce energy costs, improve energy efficiency, and reduce the environmental impact of energy production. It is also driven by the need to improve the reliability of energy delivery and reduce the risk of blackouts. Some of the companies in the Smarter Grid market include ABB, Siemens, Schneider Electric, General Electric, and Itron. Show Less Read more