The IT networking giant Cisco has recently launched router and grid switch for the Utility companies to deploy Smart Grid networks. The Cisco Smart Grid products, Connected Grid Router (CGR 2010) and Connected Grid Switch (CGS 2520) are based on IP technology. Cisco has been building IP based products for IT since its inception and have strong expertise in this domain. Cisco has identified Smart Grid as its focus area and CEO John Chambers mentioned that Smart Grid represents bigger opportunity than Internet. It has created Smart Grid ecosystem to develop partnership with Smart Grid stakeholders and to tap the $ 20 billion opportunity, Chambers further elaborated it has "unlimited" budget for Smart Grid .The company plans to provide products and services for substations automation, managing distributed energy resources, and home and business energy management. The networking giant already has energy metering and network management tools like EnergyWise and Network Building Mediator. It has partnered with utility companies like Duke energy and Florida Power & Light (USA), Yellostrom (Germany), and Enmax (Canada).
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Sources : Earth2Tech