September 24, 2010
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Utilities The U.S. advanced metering infrastructure (AMI) market will grow from $2.54billion in 2010 to $5.82 billion in 2015, representing an 18 percent compound annual growth rate (CAGR), according to Zpryme’s latest Smart Grid Insights report (PDF).
Smart meter revenues, including electric, gas, and water, are projected to grow from $1.2 billion in 2010 to $2.3 billion in 2015. The market research firm projects that Silver Spring Networks, Itron, and eMeter will be key leaders in the U.S. market over the next five years.
Zpryme says AMI is a fundamental first milestone in the development and deployment of the smart grid. Case in point: nearly 24 percent, or $818 million, of the $3.4 billion in the U.S. Smart Grid stimulus funds were awarded to 31 AMI projects in 2009.
The report, sponsored by Tantalus Systems, indicates that this focus on smart meters creates opportunities for AMI communication systems, meter data management systems (MDMS), customer data management, and AMI program management. Currently, companies such as GridPoint, eMeter, Tantalus, Itron, Google, Silver Spring Networks, Cisco, and IBM are all trying to capture market share in these emerging markets, according to the report.
But there are still some major service and technology gaps that need to be filled to advance the AMI market, says Zpryme.
The report provides a six-phase framework for smart grid AMI market opportunities that include evaluating existing market opportunities, evaluating internal company strengths, beginning R&D and product/service testing, securing smart grid ecosystem business partners, starting strategy & product/service launch planning, and executing marketing & sales strategy.
Report researchers say product testing and identifying partners at the early stages of the game will mitigate the risks and liabilities by both major players and start-ups.
A company should also consider the financial resources they have access to (e.g. government subsidies), existing customer base, relationships with utilities and key smart-grid integrators, as well as identify areas to participate in smart-grid pilots and AMI programs in preparation for a product/service launch, according to the report.
The report also finds that inadequate evaluation of existing market opportunities and internal company strengths could lead to a poor and costly decision to move forward; when the most opportune decision could be to mitigate risk by not entering the market or delay entry into the market, says Zpryme.
Showing posts with label Silver Spring Networks. Show all posts
Showing posts with label Silver Spring Networks. Show all posts
Friday, September 24, 2010
Monday, October 12, 2009
Top Ten Smart Grid
What companies are leading the charge toward a smart grid of the future? And, who are the utilities that are taking the lead in giving them a market? We’ve broken down the smart grid sector into a number of broad components areas – smart meter manufacturing, neighborhood-area meter networking and communication, in-home energy management, demand response, meter data management, other smart grid software and services, and the broader role of integrating these areas.
2. Smart Meter Networking and Communications Provider: Silver Spring Networks
In the field of giving smart meters new ways to talk to one another, Silver Spring Networks has captured the interest of investors and utilities alike. The Redwood City, Calif.-based startup has inked deals with utilities including Pacific Gas & Electric Co., Florida Power & Light, American Electric Power and others.
All are adding Silver Spring's RF mesh, IP-enabled networking technology to smart meters made by other companies, with the goal of allowing meters to send data from one another to collection points that connect with utility "backhaul" networks – up to 5,000 meters per collection node, the company says.
Silver Spring expects to see about two million meters with its technology deployed by the end of 2009 (see Green Light post), and as of this spring had about $500 million in backlogged orders, a figure that could quadruple by the end of this year, CEO Scott Lang said recently. To bring its technology to market, Silver Spring has raised about $167 million since 2007, including $90 million since October (see Silver Spring Grabs $75M and Green Light posts here and here).
But while Silver Spring has led in terms of mind share, another smart meter networking company has outpaced it in terms of deployments so far. That's fellow Redwood City, Calif.-based startup Trilliant, which announced its millionth device deployed in January. Using an altered version of the 802.15.4 wireless standard to allow meters to mesh with each other and with concentrator points, and fueled with investments including a $40 million round from MissionPoint Partners and zouk ventures, Trilliant has landed deals with more than 100 utilities, including a multimillion meter deployment underway by Ontario, Canada's Hydro One.
And then there's SmartSynch, the Jackson, Miss.-based company that deploys meters with devices that allow them to communicate over existing cellular networks. With a recent announcement that it would partner with AT&T to bring that technology – until now limited to commercial and industrial clients -- to the much larger residential market, SmartSynch could present a challenge to the dominant RF mesh paradigm.
Comment
If all this sounds pretty technical, its just because it is. I am sure there are people who understand all of this, but I am not one of them. It does sound pretty cool tho.
2. Smart Meter Networking and Communications Provider: Silver Spring Networks
In the field of giving smart meters new ways to talk to one another, Silver Spring Networks has captured the interest of investors and utilities alike. The Redwood City, Calif.-based startup has inked deals with utilities including Pacific Gas & Electric Co., Florida Power & Light, American Electric Power and others.
All are adding Silver Spring's RF mesh, IP-enabled networking technology to smart meters made by other companies, with the goal of allowing meters to send data from one another to collection points that connect with utility "backhaul" networks – up to 5,000 meters per collection node, the company says.
Silver Spring expects to see about two million meters with its technology deployed by the end of 2009 (see Green Light post), and as of this spring had about $500 million in backlogged orders, a figure that could quadruple by the end of this year, CEO Scott Lang said recently. To bring its technology to market, Silver Spring has raised about $167 million since 2007, including $90 million since October (see Silver Spring Grabs $75M and Green Light posts here and here).
But while Silver Spring has led in terms of mind share, another smart meter networking company has outpaced it in terms of deployments so far. That's fellow Redwood City, Calif.-based startup Trilliant, which announced its millionth device deployed in January. Using an altered version of the 802.15.4 wireless standard to allow meters to mesh with each other and with concentrator points, and fueled with investments including a $40 million round from MissionPoint Partners and zouk ventures, Trilliant has landed deals with more than 100 utilities, including a multimillion meter deployment underway by Ontario, Canada's Hydro One.
And then there's SmartSynch, the Jackson, Miss.-based company that deploys meters with devices that allow them to communicate over existing cellular networks. With a recent announcement that it would partner with AT&T to bring that technology – until now limited to commercial and industrial clients -- to the much larger residential market, SmartSynch could present a challenge to the dominant RF mesh paradigm.
Comment
If all this sounds pretty technical, its just because it is. I am sure there are people who understand all of this, but I am not one of them. It does sound pretty cool tho.
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